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How to Explain Why Germany Is Still The Land Of Opportunity - For Doing Business... to Your Boss

· Company Formation,Company Services,Trends

The vast majority of German companies are private SMEs. These "Mittelstand" companies usually aim for and achieve world-class quality and service in a world-class market.

Many of these companies are themselves export oriented and focus on high value-added specialty products. Because of their funding and management, they are in a strong position to be seen for the long term.

This long-term approach and stability have laid the foundation for many sustained economic successes in Germany.

International trade is the lifeblood of Germany
 

A large part of German exports includes a range of imported goods ... Your exports to Germany can easily form part of German exports to the world.

According to WTO data-more than 40% of Germany's GDP comes from international trade, while China is only slightly more than one-fifth and the United States is less than one-sixth.

The number of countries / regions in which World Trade Organization (WTO) products are sold (2013-2015) is striking ... The United States ranks first in terms of imports and second in terms of exports; China imports second and exports first. Germany imports third and exports third. Britain ranks 9th and exports 5th.

Since the German economy is very dependent on imports and exports, this is naturally the UK's first choice for export movements for component suppliers and other suppliers.

Germany's domestic market is the largest in Europe and is growing
 

In terms of quantity and value, Germany is by far the leading trading nation on the continent. With a very prosperous economy, with a population of about 82 million, Germany is one of the world's most outstanding economies. It is only a few hundred miles from the UK-and is forecast to grow at a rate of 1.5% per year for the next 20 years.

Finding the right opportunity to do business in Germany

In 2015, Germany's imports totaled more than 700 billion pounds. Germany is a priority export market for many successful British companies. It offers many potential ways to support the success of your organization.

Your product may be shipped to Germany's home market (or as a component), and eventually to the booming export market of German companies.

Interested in finding the right opportunity for Germany Company Formation?

Schedule a free meeting now!
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