2022
Exports
$5.45BWorld Rnk 3 / 221
Flag Rnk 56 / 1216
2022
PRODUCT COMPLEXITY IN Excavation Machinery
0.96Rnk 185 / 1025
2022
Imports
$5.17BWorld Rnk 2 / 224
Flag Rnk 53 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $5.45B in Excavation Machinery, making it the 3rd largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 56th most exported product in Germany. The main destination of Excavation Machinery exports from Germany are: United States ($581M), France ($507M), Austria ($397M), China ($326M), and Netherlands ($296M).

The fastest growing export markets for Excavation Machinery of Germany between 2021 and 2022 were South Korea ($35.5M), France ($27.4M), and United States ($13.6M).

Imports In 2022, Germany imported $5.17B in Excavation Machinery, becoming the 2nd largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 53rd most imported product in Germany. Germany imports Excavation Machinery primarily from: Czechia ($700M), Poland ($503M), Italy ($488M), China ($433M), and Hungary ($311M).

The fastest growing import markets in Excavation Machinery for Germany between 2021 and 2022 were Poland ($47.1M), Belgium ($37.8M), and Czechia ($36.8M).

COMPANIES In 2023, leading companies such as Schindler Elevators (478), John Deere (174), and Konecranes (122) were at the forefront of shipping Excavation Machinery from Germany to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Excavation Machinery. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$5.45B
IMPORTS (2022)$5.17B
NET TRADE (2022)$276M

In 2022, Germany exported $5.45B in Excavation Machinery. The main destinations of Germany exports on Excavation Machinery were United States ($581M), France ($507M), Austria ($397M), China ($326M), and Netherlands ($296M).

In 2022, Germany imported $5.17B in Excavation Machinery, mainly from Czechia ($700M), Poland ($503M), Italy ($488M), China ($433M), and Hungary ($311M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Germany WERE (2021 - 2022):
South Korea$35.5M (29.2%)
France$27.4M (5.71%)
United States$13.6M (2.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Germany WERE (2021 - 2022):
Czechia-$90M (-27.9%)
Russia-$58.8M (-49.6%)
China-$24.3M (-6.94%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Germany's main exporting competitors in Excavation Machinery were:
In 2022, Germany's main importing competitors in Excavation Machinery were:

Explore Visualizations

Trade Value of Excavation Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $212M
TOP IMPORT POTENTIALChina+ $221M

Excavation Machinery’s highest export potential is United States. With an export gap of $212M.   Excavation Machinery’s highest import potential is China with an import gap of $221M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with