2022
Exports
$13.1MWorld Rnk 7 / 140
Flag Rnk 1049 / 1216
2022
Imports
$34.3MWorld Rnk 2 / 211
Flag Rnk 972 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $13.1M in Time Recording Instruments, making it the 7th largest exporter of Time Recording Instruments in the world. At the same year, Time Recording Instruments was the 1049th most exported product in Germany. The main destination of Time Recording Instruments exports from Germany are: Poland ($2.85M), France ($1.51M), Switzerland ($792k), Italy ($713k), and Spain ($688k).

The fastest growing export markets for Time Recording Instruments of Germany between 2021 and 2022 were Turkey ($234k), Portugal ($233k), and United Kingdom ($83.3k).

Imports In 2022, Germany imported $34.3M in Time Recording Instruments, becoming the 2nd largest importer of Time Recording Instruments in the world. At the same year, Time Recording Instruments was the 972nd most imported product in Germany. Germany imports Time Recording Instruments primarily from: N/A.

The fastest growing import markets in Time Recording Instruments for Germany between 2021 and 2022 were France ($519k), United Kingdom ($229k), and Thailand ($98.6k).

COMPANIES In 2023, leading companies such as TE Connectivity (3) were at the forefront of shipping Time Recording Instruments 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 Time Recording Instruments. 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)$13.1M
IMPORTS (2022)$34.3M
NET TRADE (2022)-$21.2M

In 2022, Germany exported $13.1M in Time Recording Instruments. The main destinations of Germany exports on Time Recording Instruments were Poland ($2.85M), France ($1.51M), Switzerland ($792k), Italy ($713k), and Spain ($688k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Time Recording Instruments EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Turkey$234k (372%)
Portugal$233k (199%)
United Kingdom$83.3k (32.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Time Recording Instruments BY Germany WERE (2021 - 2022):
Poland-$1.65M (-36.7%)
Greece-$726k (-93.3%)
Czechia-$587k (-51.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Time Recording Instruments were:
In 2022, Germany's main importing competitors in Time Recording Instruments were:

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Trade Value of Time Recording Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $338k
TOP IMPORT POTENTIALNetherlands+ $568k

Time Recording Instruments’s highest export potential is France. With an export gap of $338k.   Time Recording Instruments’s highest import potential is Netherlands with an import gap of $568k.

See methodology.

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