Country-branded products greatly leverage pre-existing perceptions of the country to increase awareness, create an image and influence opinions of the quality, the report points out.
Germany is ranked third when it comes to offering best quality products.
Germany's main exports include vehicles, chemicals, metals, foodstuff, consumer electronics, machinery, textiles and beer.
Also read: GDP falls in world's top nations
Image: Two workers chat in front of engine of Siemens' "Vario" high speed train made specially for Russia in Berlin.| Photograph: John Macdougall/AFP/Getty Images
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