2022
Exports
$140MWorld Rnk 4 / 171
Flag Rnk 691 / 1216
2022
PRODUCT COMPLEXITY IN Iron Nails
-0.5Rnk 699 / 1025
2022
Imports
$162MWorld Rnk 3 / 220
Flag Rnk 671 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $140M in Iron Nails, making it the 4th largest exporter of Iron Nails in the world. At the same year, Iron Nails was the 691st most exported product in Germany. The main destination of Iron Nails exports from Germany are: Netherlands ($21.8M), Austria ($14.7M), France ($11.8M), Poland ($10.9M), and United States ($7.79M).

The fastest growing export markets for Iron Nails of Germany between 2021 and 2022 were Austria ($1.11M), Costa Rica ($678k), and Italy ($556k).

Imports In 2022, Germany imported $162M in Iron Nails, becoming the 3rd largest importer of Iron Nails in the world. At the same year, Iron Nails was the 671st most imported product in Germany. Germany imports Iron Nails primarily from: China ($50.9M), Poland ($21.6M), Netherlands ($17.7M), Czechia ($15.8M), and Austria ($10.3M).

The fastest growing import markets in Iron Nails for Germany between 2021 and 2022 were China ($6.89M), Poland ($3.77M), and Czechia ($3.12M).

COMPANIES In 2023, leading companies such as Continental Materials (12), Stanley Black & Decker (3), and CONTINENTAL AUTOMOTIVE SYSTEMS, INC (2) were at the forefront of shipping Iron Nails from Germany to the United States.

Latest Trends

Jul 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 Nails. 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)$140M
IMPORTS (2022)$162M
NET TRADE (2022)-$22.6M

In 2022, Germany exported $140M in Iron Nails. The main destinations of Germany exports on Iron Nails were Netherlands ($21.8M), Austria ($14.7M), France ($11.8M), Poland ($10.9M), and United States ($7.79M).

In 2022, Germany imported $162M in Iron Nails, mainly from China ($50.9M), Poland ($21.6M), Netherlands ($17.7M), Czechia ($15.8M), and Austria ($10.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Nails EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Austria$1.11M (8.15%)
Costa Rica$678k (76.7%)
Italy$556k (8.79%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Nails BY Germany WERE (2021 - 2022):
France-$4.37M (-27%)
United States-$1.32M (-14.5%)
Belgium-$1.31M (-18.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Iron Nails were:
In 2022, Germany's main importing competitors in Iron Nails were:

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Trade Value of Iron Nails by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.59M
TOP IMPORT POTENTIALChina+ $8.21M

Iron Nails’s highest export potential is United States. With an export gap of $6.59M.   Iron Nails’s highest import potential is China with an import gap of $8.21M.

See methodology.

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