Outline

  • Hamburg is the second-largest city in Germany after Berlin, as well as the overall 7th largest city and largest non-capital city in the European Union with a population of over 1.84 million.

Detail

Hamburg, Germany

 

Overview:

Hamburg is the second-largest city in Germany after Berlin, as well as the overall 7th largest city and largest non-capital city in the European Union with a population of over 1.84 million. Hamburg's urban area has a population of around 2.5 million and its metropolitan area is home to more than five million people. The city lies on the River Elbe and two of its tributaries, the River Alster and the River Bille. One of Germany's 16 federated states, Hamburg is surrounded by Schleswig-Holstein to the north and Lower Saxony to the south.

 

Economy:

The Gross domestic product (GDP) of Hamburg was 119.0 billion € in 2018, accounting for 3.6% of German economic output. Hamburg has for centuries been a commercial centre of Northern Europe, and is the most important banking city of Northern Germany. The city is the seat of Germany's oldest bank, the Berenberg Bank, M.M.Warburg & CO and Hamburg Commercial Bank. The Hamburg Stock Exchange is the oldest of its kind in Germany. Heavy industry of Hamburg includes the making of steel, aluminium, copper and various large shipyards such as Blohm + Voss. Hamburg, along with Seattle and Toulouse, is an important location of the civil aerospace industry. Airbus, which operates the Hamburg-Finkenwerder assembly plant in Finkenwerder, employs over 13,000 people. Major regional broadcaster NDR, the printing and publishing firm Gruner + Jahr and the newspapers Der Spiegel and Die Zeit are based in the city. Hamburg is the seat of Germany's oldest stock exchange and the world's oldest merchant bank, Berenberg Bank. Media, commercial, logistical, and industrial firms with significant locations in the city include multinationals Airbus, Blohm + Voss, Aurubis, Beiersdorf, and Unilever. Hamburg is also a major European science, research, and education hub, with several universities and institutions.

 

Port of Hamburg

The Port of Hamburg is a seaport on the river Elbe in Hamburg, Germany, 110 kilometres (68 mi) from its mouth on the North Sea. Known as Germany's ""Gateway to the World"" it is the country's largest seaport by volume. In terms of TEU throughput, Hamburg is the third-busiest port in Europe (after Rotterdam and Antwerp) and 15th-largest worldwide. In 2014, 9.73 million TEUs (20-foot standard container equivalents) were handled in Hamburg. The port covers an area of 73.99 square kilometres (28.57 sq mi) (64.80 km² usable), of which 43.31 km² (34.12 km²) are land areas. The branching Elbe creates an ideal place for a port complex with warehousing and transshipment facilities. The extensive free port was established when Hamburg joined the German Customs Union. It enabled duty-free storing of imported goods and also importing of materials which were processed, re-packaged, used in manufacturing and then re-exported without incurring customs duties.

 

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