2022
Exports
$780MWorld Rnk 4 / 188
Flag Rnk 78 / 96
2022
PRODUCT COMPLEXITY IN Natural gums, resins & other vegetable extracts
-0.98Rnk 834 / 1025
2022
Imports
$785MWorld Rnk 2 / 212
Flag Rnk 79 / 96
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $780M in Natural gums, resins & other vegetable extracts, making it the 4th largest exporter of Natural gums, resins & other vegetable extracts in the world. At the same year, Natural gums, resins & other vegetable extracts was the 78th most exported product in Germany. The main destination of Natural gums, resins & other vegetable extracts exports from Germany are: United States ($74.1M), France ($54.1M), Denmark ($42M), Italy ($39.2M), and Austria ($39.2M).

The fastest growing export markets for Natural gums, resins & other vegetable extracts of Germany between 2021 and 2022 were Denmark ($8.95M), France ($7.37M), and Japan ($6.82M).

Imports In 2022, Germany imported $785M in Natural gums, resins & other vegetable extracts, becoming the 2nd largest importer of Natural gums, resins & other vegetable extracts in the world. At the same year, Natural gums, resins & other vegetable extracts was the 79th most imported product in Germany. Germany imports Natural gums, resins & other vegetable extracts primarily from: India ($102M), China ($93.8M), France ($88.5M), Spain ($83.5M), and Italy ($67.9M).

The fastest growing import markets in Natural gums, resins & other vegetable extracts for Germany between 2021 and 2022 were France ($39.4M), India ($33.5M), and China ($15.6M).

COMPANIES In 2023, leading companies such as CONTINENTAL AUTOMOTIVE SYSTEMS, INC (2) and Molson Coors (1) were at the forefront of shipping Natural gums, resins & other vegetable extracts 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 Natural gums, resins & other vegetable extracts. 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)$780M
IMPORTS (2022)$785M
NET TRADE (2022)-$4.96M

In 2022, Germany exported $780M in Natural gums, resins & other vegetable extracts. The main destinations of Germany exports on Natural gums, resins & other vegetable extracts were United States ($74.1M), France ($54.1M), Denmark ($42M), Italy ($39.2M), and Austria ($39.2M).

In 2022, Germany imported $785M in Natural gums, resins & other vegetable extracts, mainly from India ($102M), China ($93.8M), France ($88.5M), Spain ($83.5M), and Italy ($67.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural gums, resins & other vegetable extracts EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Denmark$8.95M (27.1%)
France$7.37M (15.8%)
Japan$6.82M (34.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural gums, resins & other vegetable extracts BY Germany WERE (2021 - 2022):
United States-$30.4M (-29.1%)
Russia-$11.6M (-23.8%)
Mexico-$10.2M (-43.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Natural gums, resins & other vegetable extracts were:
China $2.24B
India $1.18B
Spain $920M
In 2022, Germany's main importing competitors in Natural gums, resins & other vegetable extracts were:

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Trade Value of Natural gums, resins & other vegetable extracts by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $22.4M
TOP IMPORT POTENTIALFrance+ $30M

Natural gums, resins & other vegetable extracts’s highest export potential is France. With an export gap of $22.4M.   Natural gums, resins & other vegetable extracts’s highest import potential is France with an import gap of $30M.

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