SMEs are more important than you think! Challenges and opportunities for EU exporting SMEs

Lucian Cernat, Ana Norman-Lopez and Duch T-Figueras Ana
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Duch T-Figueras Ana: DG Trade

No 2014-3, DG TRADE Chief Economist Notes from Directorate General for Trade, European Commission

Abstract: This paper highlights the heterogeneity among SMEs exporting outside the EU across EU Member States and reviews how barriers facing SMEs can be tackled trade policy discussions. With over 600,000 goods exporting SMEs (over 80% of the total number of EU goods exporting firms) accounting for one third of total EU exports and employing over 6 million people in Europe, EU exporting SMEs play a non-negligible role in EU trade performance. However, SMEs have an untapped export potential, given the intrinsic and trade-specific hurdles that SMEs still face.

Keywords: SMEs; international trade; export performance (search for similar items in EconPapers)
JEL-codes: F13 L11 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2014-09-19
New Economics Papers: this item is included in nep-cse, nep-ent and nep-sbm
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Citations: View citations in EconPapers (14)

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