Delegation of German Industry and Commerce

As members of ASEAN, Myanmar, Cambodia and Laos enjoy free trade throughout the zone and form part of the new free trade agreement, the Regional Comprehensive Economic Partnership (RCEP). The three countries have in common a young and emerging population that is forming a new middle class and driving the demand for consumer goods. The countries are still developing and need knowledge and input from abroad. So far, the depth of production is low. German machinery and services to increase productivity and quality are therefore in high demand. In particular, the energy and infrastructure, agriculture and food sectors, as well as the health industry, offer diverse business opportunities for German companies. Foreign trade with Germany is dominated by garments, which account for over 80 percent of total exports to Germany.