Ways to Play Germany's SAP ( SAP ) is the equivalent of Oracle (Nasdaq: ORCL) here in the U.S. While China wrestles with possible bubbles, Japan tackles deflation and the United States frets about its government spending, Germany has spent much of the last few years away from the headlines. According to just-released data from Germany's Federal Statistics Bureau, German exports are currently rising at a +25% to +30% clip compared to a year ago.