2022
Exports
$176MWorld Rnk 4 / 153
Flag Rnk 645 / 1216
2022
PRODUCT COMPLEXITY IN Mill Machinery
0.2Rnk 485 / 1025
2022
Imports
$64.9MWorld Rnk 6 / 202
Flag Rnk 854 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $176M in Mill Machinery, making it the 4th largest exporter of Mill Machinery in the world. At the same year, Mill Machinery was the 645th most exported product in Germany. The main destination of Mill Machinery exports from Germany are: Hungary ($23.3M), United Kingdom ($17.3M), Russia ($12.8M), Switzerland ($10.2M), and Poland ($8.17M).

The fastest growing export markets for Mill Machinery of Germany between 2021 and 2022 were Hungary ($20.6M), United Kingdom ($15.5M), and Greece ($4.61M).

Imports In 2022, Germany imported $64.9M in Mill Machinery, becoming the 6th largest importer of Mill Machinery in the world. At the same year, Mill Machinery was the 854th most imported product in Germany. Germany imports Mill Machinery primarily from: Switzerland ($12.9M), Czechia ($8.02M), Italy ($5.96M), Austria ($5.33M), and Netherlands ($5.21M).

The fastest growing import markets in Mill Machinery for Germany between 2021 and 2022 were Netherlands ($1.97M), Turkey ($1.45M), and Denmark ($1.43M).

COMPANIES In 2023, leading companies such as LG Electronics (1) and Barry Callebaut (1) were at the forefront of shipping Mill Machinery 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 Mill Machinery. 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)$176M
IMPORTS (2022)$64.9M
NET TRADE (2022)$111M

In 2022, Germany exported $176M in Mill Machinery. The main destinations of Germany exports on Mill Machinery were Hungary ($23.3M), United Kingdom ($17.3M), Russia ($12.8M), Switzerland ($10.2M), and Poland ($8.17M).

In 2022, Germany imported $64.9M in Mill Machinery, mainly from Switzerland ($12.9M), Czechia ($8.02M), Italy ($5.96M), Austria ($5.33M), and Netherlands ($5.21M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mill Machinery EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Hungary$20.6M (770%)
United Kingdom$15.5M (864%)
Greece$4.61M (249%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mill Machinery BY Germany WERE (2021 - 2022):
Turkey-$9.28M (-81.7%)
Romania-$7.05M (-67.5%)
Uzbekistan-$4.72M (-93.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Mill Machinery were:
China $609M
Italy $195M
In 2022, Germany's main importing competitors in Mill Machinery were:

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Trade Value of Mill Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.75M
TOP IMPORT POTENTIALChina+ $3.62M

Mill Machinery’s highest export potential is United States. With an export gap of $2.75M.   Mill Machinery’s highest import potential is China with an import gap of $3.62M.

See methodology.

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