2022
Exports | Imports
$36.9B | $36BWorld Rnk 2 / 223
Flag Rnk 8 / 96
World Rnk 3 / 225
Flag Rnk 9 / 96
2022
ECONOMIC COMPLEXITY of Germany
1.75Rnk 3 / 124
2022
PRODUCT COMPLEXITY IN Iron & steel
1.48Rnk 45 / 1025

About

Exports In 2022, Germany exported $36.9B in Iron & steel, making it the 2nd largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 8th most exported product in Germany. The main destination of Iron & steel exports from Germany are: France ($3.74B), Poland ($3.67B), Italy ($3.64B), Netherlands ($3.13B), and Belgium ($2.76B).

The fastest growing export markets for Iron & steel of Germany between 2021 and 2022 were France ($547M), United States ($545M), and Poland ($522M).

Imports In 2022, Germany imported $36B in Iron & steel, becoming the 3rd largest importer of Iron & steel in the world. At the same year, Iron & steel was the 9th most imported product in Germany. Germany imports Iron & steel primarily from: Italy ($4.85B), Belgium ($4.41B), France ($4.39B), Netherlands ($3.61B), and Austria ($3.1B).

The fastest growing import markets in Iron & steel for Germany between 2021 and 2022 were Belgium ($682M), Austria ($376M), and France ($359M).

COMPANIES In 2023, leading companies such as VOLKSWAGEN GROUP OF AMERICA (14.4k), TE CONNECTIVITY CORPORATION (2.68k), and SCHAEFFLER GROUP USA INC. (1.65k) were at the forefront of shipping Iron & steel from Germany to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron & steel. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$36.9B
IMPORTS (2022)$36B
NET TRADE (2022)$920M

In 2022, Germany exported $36.9B in Iron & steel. The main destinations of Germany exports on Iron & steel were France ($3.74B), Poland ($3.67B), Italy ($3.64B), Netherlands ($3.13B), and Belgium ($2.76B).

In 2022, Germany imported $36B in Iron & steel, mainly from Italy ($4.85B), Belgium ($4.41B), France ($4.39B), Netherlands ($3.61B), and Austria ($3.1B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron & steel EXPORT MARKETS FOR Germany WERE (2021 - 2022):
France$547M (17.1%)
United States$545M (56.2%)
Poland$522M (16.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron & steel BY Germany WERE (2021 - 2022):
China-$224M (-24.7%)
Russia-$100M (-63.9%)
Luxembourg-$87.9M (-12.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Iron & steel were:
China $69.8B
Japan $35.7B
In 2022, Germany's main importing competitors in Iron & steel were:

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Trade Value of Iron & steel by Exporters

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