Thuringia's business delegation: Voigt secures investments in the USA!

Thuringia's business delegation: Voigt secures investments in the USA!

Thüringen, Deutschland - Prime Minister Mario Voigt (CDU) has committed an important trip to the United States with a 75-member delegation, which took place from May 18 to 24, 2025. The aim of this delegation trip was to strengthen economic relationships between Thuringia and the USA and to secure existing business relationships. Voigt emphasizes the United States as the most important non -European partner for Thuringia in an economic, scientific and strategic terms. The Federal Republic of Germany has worked intensively in recent years to stabilize trade relationships, especially with regard to export, which achieved a record of almost 2.2 billion euros in 2024. MDR reports that the Free State has benefited from over 2.5 billion euros in US investments since 1990.

A central element of the trip was to contact American investors. Voigt explained that an investor from Washington is planning to travel to Thuringia this year to get to know Thuringian start-up companies there. The US investor's investment volume is $ seven billion, although it remains unclear how much of it could be invested effectively in Thuringia. In order to further intensify the trade relationships, the Thuringian delegates also planned a foreign office in New York, the opening of which is to take place in October. This office is intended to serve both market explorations and as a connection between Thuringia and the USA. In Südthüringen it is reported that Krey, emphasized the need for support for the medium -sized companies.

economic framework conditions

The trade relationships between Thuringia and the USA are crucial: the United States is the most important foreign trade market for Thuringian companies, with a trading volume of around 2.8 billion euros. Around 300 companies from Thuringia maintain export relationships with the United States, and an estimated 40 Thuringian companies hold investments in US companies. Conversely, 60 US companies have shares in Thuringian companies. According to In Südthüringen in Thuringia.

Nevertheless, there are challenges, especially with regard to US customs policy. Certain product categories, including cars, are subject to additional tariffs of up to 25 percent. The most important export goods in Thuringia in the USA are vehicles, vehicle parts, machines and optical products. Cars and auto parts alone are already making a significant share of 558 million euros in exports, which corresponds to a quarter of the entire Thuringian exports to the USA. Minister of Economic Affairs Colette Boss-John is that the economic networking and obtaining information about the current market situation are decisive in order to further improve trade relationships.

conclusion and outlook