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Assuming Germany unifies relatively early on (Hohenstaufens?), what would a kingdom of Germany be able to colonize during the 1500-1900 time frame?

Let's assume that the German kingdom encompasses the western border of the HRE by 1600, a southern border of modern Switzerland and the Austrian portion of the Habsburg monarchy, a northern border of modern Germany, and an eastern border of 1600 Prussia plus Silesia (all of it), Bohemia and Moravia.
That means the Low Countries are in this Germany, so Germany has a strong sea-faring/trade components.
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