Country Information Export Development Canada Europe and CIS

Germany

With its strong tradition of research and innovation, Germany offers strong opportunities for Canadian businesses across multiple sectors.

Evaluating the market in Germany

We can help you get a better understanding of market activity, relationships and support to grow your business.

EDC Position

EDC Country Position - Open

Open

What this means:

  • Actively pursuing business
  • All EDC solutions are available in this market, subject to regular approval criteria
How does EDC determine the position?

Risk Rating

EDC Country Position – Low Risk

Low Risk

What this means:

The Commercial Country Ceiling (CCC) Risk Rating is measured from low to high, and is meant to represent the best possible rating that can be assigned to a commercial business (obligor) in a country.

How does EDC determine the risk rating?

Business environment in Germany

In 2016, Germany was the second largest merchandise export market in the EU and seventh largest globally with total Canadian exports reaching approximately C 4.1 billion. In the medium term, Canadian exports to Germany will likely get a boost with the Comprehensive Economic Trade Agreement (CETA) coming into effect. The country’s market size (population 82.7 million in 2016), economic and political stability and very highly accommodating business environment make it a very attractive country for exporters. This last point is best exemplified by the fact that Germany ranked fifth out of 138 countries with particular emphasis placed on its strong infrastructure and ability to foster business innovation (World Economic Forum Global Competitiveness Report). From a sector perspective, EDC has historically seen most activity in the Automotive and Heavy Truck (automobiles and heavy vehicles), Aerospace, Construction and Infrastructure, and Mining & Metals industries. In addition to these industries, EDC sees strong opportunities for Canadian business in the ICT, Machinery, Renewable Energy and Environment Technologies sectors. The German economy is projected to perform well over the short-medium term, buoyed by the strengthening economic environment across the EU. EDC serves Canadian companies in Germany through our local representation in Düsseldorf.
  • Automotive & Heavy Truck
  • Construction & Infrastructure 
  • Environmental Infrastructure & Waste Water 
  • Machinery - Packaging, Industrial & Analytical Instruments
  • Telecom
  • Transportation Services

Here’s a helpful tip for doing business in the Germany.

Canadian companies that offer products or services for an older demographic will want to look at Germany as the country has a large percentage of population past the average retirement age.

Unlock key contacts in Germany when you download our Market Entry Advisor Guide.

International Trade Solutions

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If you would like to speak with someone immediately, please call  1-888-220-0047.

 

Interested in growing your business in this market?

Speak to a Trade Advisor weekdays between 9 am to 5 pm EST.

1-888-220-0047

1-888-220-0047

Or send us a question and we'll get back to you as soon as possible.

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Alicia McCarthy

Senior Trade Advisor, EDC

Alicia McCarthy  Senior Trade Advisor, EDC