German companies face worst export competitiveness in nearly 30 years
German businesses are in panic over the worst export competitiveness figures since 1995, which are twice as poor as during the global financial crisis. Exports account for about 50% of Germany’s GDP, and current economic conditions indicate that the country has effectively undermined its own business model.
According to radio station RMF24, in 2024, the number of Poles leaving Germany has exceeded for the first time in 25 years the number arriving — with a migration balance of minus 12,068 people amid 88,388 departures and 76,320 arrivals. This outflow is associated with the worsening economic situation in Germany and discrimination against Eastern Europeans. Poles remain the largest group of guest workers from the EU in Germany.
Going forward, this situation may lead to further challenges for the German economy, as losing key workers and decreasing exports could significantly impact the country’s overall development.
