Europe's largest economy has an excellent business environment
Highly industrialized Germany is Europe's largest economy. It is a social market economy whose economic policies are based on free market principles and social equality. Its industrial products are known worldwide for their quality thanks to its highly skilled engineers and tradespeople and the innovativeness of its large corporations and small and medium-sized enterprises. Exports account for over half of sales in machinery and plant manufacturing, carmaking and chemicals. Germany, a deep-pocketed sales market in its own right, is one of the world's leading export nations. It has built an industry-specific infrastructure with a stable energy supply system and serves as a hub of European cargo traffic.