As Germany’s second largest city, Hamburg’s business community boasts a dynamic and strong relationship with America. 126 U.S. companies are currently located in Hamburg and 28 of them are listed on the 2009 Fortune 500. In 2008, Hamburg/U.S. trade volume totalled 5.2 billion Euros. Likewise, 216 companies from Hamburg employ approximately 17,000 people in the U.S., bringing with them some 4.3 million Euros in investment.

With the largest port in Germany and the second-largest in Europe, the port of Hamburg is deservedly called Germany’s “Gateway to the World”. 9.7 million containers were handled in Hamburg in 2008 contributing to the city’s total U.S trade imports of €3.8 billion.

Hamburg is also the entrepreneurial heart of Germany. With 13.3 new businesses for every 10,000 inhabitants, Hamburg has by far the highest new-business start-up ratio of all of Germany’s federal states and is one of the leading locations for business angels and venture capital in Germany.

With Hamburg as a central hub location, our American Chamber of Commerce activities reach beyond to other cities in northern Germany with regular events in Bremen, Rostock and Schwerin.

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