2022
Exports
$778MWorld Rnk 3 / 117
Flag Rnk 339 / 1216
2022
PRODUCT COMPLEXITY IN Metal Lathes
1.68Rnk 29 / 1025
2022
Imports
$594MWorld Rnk 3 / 189
Flag Rnk 385 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $778M in Metal Lathes, making it the 3rd largest exporter of Metal Lathes in the world. At the same year, Metal Lathes was the 339th most exported product in Germany. The main destination of Metal Lathes exports from Germany are: China ($101M), Italy ($71.6M), United States ($65M), Switzerland ($52.5M), and Poland ($49M).

The fastest growing export markets for Metal Lathes of Germany between 2021 and 2022 were Switzerland ($18.6M), Brazil ($18.2M), and Turkey ($15.7M).

Imports In 2022, Germany imported $594M in Metal Lathes, becoming the 3rd largest importer of Metal Lathes in the world. At the same year, Metal Lathes was the 385th most imported product in Germany. Germany imports Metal Lathes primarily from: South Korea ($138M), Japan ($103M), Italy ($77.9M), Austria ($44.2M), and China ($36.2M).

The fastest growing import markets in Metal Lathes for Germany between 2021 and 2022 were South Korea ($38.7M), Japan ($31M), and Italy ($16.4M).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (15), Design Within Reach (1), and Schaeffler Group (1) were at the forefront of shipping Metal Lathes 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 Metal Lathes. 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)$778M
IMPORTS (2022)$594M
NET TRADE (2022)$184M

In 2022, Germany exported $778M in Metal Lathes. The main destinations of Germany exports on Metal Lathes were China ($101M), Italy ($71.6M), United States ($65M), Switzerland ($52.5M), and Poland ($49M).

In 2022, Germany imported $594M in Metal Lathes, mainly from South Korea ($138M), Japan ($103M), Italy ($77.9M), Austria ($44.2M), and China ($36.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Lathes EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Switzerland$18.6M (54.8%)
Brazil$18.2M (174%)
Turkey$15.7M (101%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Lathes BY Germany WERE (2021 - 2022):
China-$40.2M (-28.4%)
France-$18.7M (-39%)
Russia-$16.4M (-47.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Metal Lathes were:
In 2022, Germany's main importing competitors in Metal Lathes were:

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Trade Value of Metal Lathes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.6M
TOP IMPORT POTENTIALChina+ $12.8M

Metal Lathes’s highest export potential is United States. With an export gap of $17.6M.   Metal Lathes’s highest import potential is China with an import gap of $12.8M.

See methodology.

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