At the
very center of Europe and Asia, Germany and Taiwan are natural logistics hubs
and provide reliable port facilities that keep global supply chains running.
According to the World Bank’s authoritative 2018 Logistics Performance Index,
Germany and Taiwan rank at first and 27th place respectively, highlighting
the convenience and efficiency of freight handling provided. Therefore, it is
no wonder that both locations feature some of the world’s busiest port
facilities. Taiwan’s largest port, Kaohsiung, currently ranks as the 15th
busiest container port in the world, with a container handling of over 10 mio
twenty-foot equivalent units (TEU) in 2017, closely followed by Germany’s
largest port, Hamburg, ranked 18th with a container handling of
almost 9 mio TEUs. Considering these advantages, Germany and Taiwan are
natural partners in the logistics industry.
German Trade Office
Executive Director Axel Limberg stated that “cooperation between Taiwanese
and German logistics companies offers a great chance to mutually benefit,
especially since Germany is leading in logistics performance and Taiwan is
currently looking on modernizing their logistics infrastructure. Exchange of experience
in the logistics industry will not only enable the participating partners to
learn from each other, but also strengthen the economic ties between Germany
and Taiwan.”
“Trends in the
Logistics Industry in Germany and Taiwan” is held on October 11th
from 13:30 to 16:30 at the 56 Square (10F, No.
96, Sec. 2, Nanjing East Rd., 104 Taipei City). The seminar is organized by
Hamburg Invest and the German Trade Office Taipei and is supported by the Taiwan
International Logistics & Supply Chain Association (TILSCA) as well as
the Taiwan Association of Logistics Management.
During the seminar,
representatives and industry experts share their experience regarding current
trends in the logistics industry in Taiwan and Germany, with a focus on
business opportunities in Hamburg for Taiwanese logistics companies.
Logistic
Trends in Taiwan
For a
thriving economy, Taiwan is dependent on functioning logistics. Thus, the
Taiwanese government has been promoting the development of the logistics
industry and has invested in its expansion, modernization and adaption of the
logistics infrastructure for many years, as it is not only of utmost
importance to production, but also to meet the increasing demand of products
bought online in times of growing E-Commerce. Use of smart technology is to
be further extended to reduce turnaround and delivery time as well as improve
tracking.
As an
island, the maritime logistics infrastructure plays the most critical role in
foreign trade. Therefore, the most important airports and harbors should
become integrated transportation hubs – particularly as it is the
government’s aim to develop Taiwan into a regional hub for east and southeast
Asia. Furthermore, road links as the most important lifeline for the domestic
freight transport are modernized, and investments in the logistics service
sector increased.
German-Taiwanese
Business Relations
Taiwan
is Germany’s fifth most important trading partner in Asia, and for Taiwan
Germany is the most important trading partner in the European Union.
According to the Taiwanese Ministry of Economic Affairs, the bilateral trade volume between Taiwan and Germany
was USD 15.6 billion in 2017.
With a
favorable location in central Europe and as a gateway to Scandinavia and the
emerging markets of the Baltic region, Hamburg plays a vital role in
German-Taiwanese trade. The seminar on October 11th is an opportunity
to further deepen cooperation between relevant stakeholders.
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