2022
Exports
$6.98MWorld Rnk 29 / 117
Flag Rnk 1096 / 1216
2022
PRODUCT COMPLEXITY IN Stranded Aluminium Wire
-0.74Rnk 768 / 1025
2022
Imports
$84.9MWorld Rnk 3 / 203
Flag Rnk 794 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $6.98M in Stranded Aluminium Wire, making it the 29th largest exporter of Stranded Aluminium Wire in the world. At the same year, Stranded Aluminium Wire was the 1096th most exported product in Germany. The main destination of Stranded Aluminium Wire exports from Germany are: Netherlands ($1.67M), Denmark ($1.25M), United Kingdom ($896k), Serbia ($606k), and Ireland ($602k).

The fastest growing export markets for Stranded Aluminium Wire of Germany between 2021 and 2022 were Denmark ($816k), Hungary ($233k), and Netherlands ($139k).

Imports In 2022, Germany imported $84.9M in Stranded Aluminium Wire, becoming the 3rd largest importer of Stranded Aluminium Wire in the world. At the same year, Stranded Aluminium Wire was the 794th most imported product in Germany. Germany imports Stranded Aluminium Wire primarily from: Hungary ($31.4M), Austria ($27.9M), Turkey ($7.54M), China ($5.27M), and Italy ($4.42M).

The fastest growing import markets in Stranded Aluminium Wire for Germany between 2021 and 2022 were Hungary ($15.2M), Austria ($12.3M), and Turkey ($6.04M).

COMPANIES In 2023, leading companies such as Mahle Behr (71), LG Electronics (4), and ABB Motors and Mechanical (2) were at the forefront of shipping Stranded Aluminium Wire 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 Stranded Aluminium Wire. 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)$6.98M
IMPORTS (2022)$84.9M
NET TRADE (2022)-$77.9M

In 2022, Germany exported $6.98M in Stranded Aluminium Wire. The main destinations of Germany exports on Stranded Aluminium Wire were Netherlands ($1.67M), Denmark ($1.25M), United Kingdom ($896k), Serbia ($606k), and Ireland ($602k).

In 2022, Germany imported $84.9M in Stranded Aluminium Wire, mainly from Hungary ($31.4M), Austria ($27.9M), Turkey ($7.54M), China ($5.27M), and Italy ($4.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stranded Aluminium Wire EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Denmark$816k (188%)
Hungary$233k (964%)
Netherlands$139k (9.08%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stranded Aluminium Wire BY Germany WERE (2021 - 2022):
Ireland-$654k (-52.1%)
Italy-$556k (-85.9%)
Sweden-$263k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Stranded Aluminium Wire were:
In 2022, Germany's main importing competitors in Stranded Aluminium Wire were:

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Trade Value of Stranded Aluminium Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $327k
TOP IMPORT POTENTIALChina+ $3.72M

Stranded Aluminium Wire’s highest export potential is Netherlands. With an export gap of $327k.   Stranded Aluminium Wire’s highest import potential is China with an import gap of $3.72M.

See methodology.

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