Germany leads the EU in research and development vietnam phone number sample spending, which translates into innovation and competitiveness of goods from Germany . Expansion in this market can be beneficial for Polish SMEs, especially if their products are innovative or technologically advanced.
Trade between Poland and Germany offers Polish SMEs access to a large and well-off consumer market and the opportunity to work with business partners from abroad. Food products on the German market, trade in Germany and e-commerce are the areas where Polish SMEs most often find their markets.
In addition, Germany has a favourable trade balance and is an important export direction for Poland , which can make it easier for SMEs to gain market share and build relationships with German business partners. It is worth noting that Germany ranks high in the Doing Business report. This indicates that there is a favourable business environment for German companies.