Exporting to Europe - An Introduction
For over half a century, the European Union (EU) has brought political stability and economic prosperity to its citizens. It has created a frontier-free single market and a single currency, the euro. It has reunited a fractured continent. Europe as a whole is a major economic and commercial power and the world’s largest donor of development aid to poorer countries. EU membership has grown from six to 27 nations; combined with the four EFTA countries (Switzerland, Norway, Iceland and Liechtenstein) this brings the total population of Europe to over half a billion.
If you are prepared and willing to explore new markets, then this should create opportunities for you as an exporter: the EU alone is the major exporter in the world and the second largest importer. The European Union is also an important trading partner for less developed countries, most of whose exports enter the EU duty-free or at reduced rates of duty. This preferential access to the EU market is aimed at boosting the economic growth of poorer countries around the world.