2022
Exports | Imports
$2.85B | $944MWorld Rnk 2 / 193
Flag Rnk 123 / 1216
World Rnk 4 / 221
Flag Rnk 271 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.75Rnk 3 / 124
2022
PRODUCT COMPLEXITY IN Electric Generating Sets
0.35Rnk 437 / 1025

About

Exports In 2022, Germany exported $2.85B in Electric Generating Sets, making it the 2nd largest exporter of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 123rd most exported product in Germany. The main destination of Electric Generating Sets exports from Germany are: United Kingdom ($345M), Netherlands ($213M), Sweden ($202M), France ($175M), and United States ($158M).

The fastest growing export markets for Electric Generating Sets of Germany between 2021 and 2022 were Netherlands ($128M), Morocco ($73M), and Ireland ($69M).

Imports In 2022, Germany imported $944M in Electric Generating Sets, becoming the 4th largest importer of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 271st most imported product in Germany. Germany imports Electric Generating Sets primarily from: China ($216M), Denmark ($205M), Hungary ($80.5M), Italy ($73.6M), and Spain ($63M).

The fastest growing import markets in Electric Generating Sets for Germany between 2021 and 2022 were China ($127M), Denmark ($110M), and Hungary ($80.2M).

COMPANIES In 2023, leading companies such as ABB MOTORS AND MECHANICAL INC (68), ROLLS-ROYCE SOLUTIONS AMERICA INC. (30), and AGCO CORPORATION C/O G&D INTEGRATED (26) were at the forefront of shipping Electric Generating Sets from Germany to the United States.

Latest Trends

Feb 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 Electric Generating Sets. 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)$2.85B
IMPORTS (2022)$944M
NET TRADE (2022)$1.91B

In 2022, Germany exported $2.85B in Electric Generating Sets. The main destinations of Germany exports on Electric Generating Sets were United Kingdom ($345M), Netherlands ($213M), Sweden ($202M), France ($175M), and United States ($158M).

In 2022, Germany imported $944M in Electric Generating Sets, mainly from China ($216M), Denmark ($205M), Hungary ($80.5M), Italy ($73.6M), and Spain ($63M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Generating Sets EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Netherlands$128M (149%)
Morocco$73M (12.1k%)
Ireland$69M (10.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Generating Sets BY Germany WERE (2021 - 2022):
United Kingdom-$419M (-54.8%)
Turkey-$304M (-71.2%)
Chinese Taipei-$258M (-97.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Electric Generating Sets were:
In 2022, Germany's main importing competitors in Electric Generating Sets were:

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Trade Value of Electric Generating Sets by Exporters

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