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Germany

EDC Position-open all programs

EDC's Position

  • Key EDC Market
  • Actively pursuing business
  • Open under all programs, subject to regular approval criteria

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Country At A Glance

Flag of Germany
Map of Germany

Country Facts

Nominal GDP3,864.80 Billion USD
Population81.04 Million
Total Trade/GDP84.90%
CurrencyEuro (EUR)
Merchandise Imports from Canada3,122.91 Million CAD
Canadian direct investment4,547 Million CAD
Main importsMachinery & Equipment, Mineral Fuels, Chemicals, Food, Beverage & Tobacco

EDC in Germany

Canadian companies assisted635
International buyers insured1,541
Business volume1,501.04 Million CAD

Business Environment

Germany is a wealthy OECD country with a strong commercial relationship with Canada. The country enjoys a stable, healthy, modern economy with a strong political system. As with most modern economies, trade is of high importance to Germany‘s market and the potential for Canadian companies is high. EDC sees excellent business and investment potential across a wide range of sectors in the market.

Key Industries

  • Automotive & Heavy Truck
  • Construction & Infrastructure
  • Environmental Infrastructure & Waste Water
  • Machinery - Packaging, Industrial & Analytical Instruments
  • Telecom
  • Transportation Services

How we can support your business

Through our representation in Dusseldorf, Germany, we provide on-the-ground support to Canadian companies planning on or currently doing business in Germany. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market.

  • We are well positioned to help Canadian companies through a range of financing and risk management services.
  • Learn more about our service offering.
 

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