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2022
Exports $100MWorld Rnk 3 / 104
Flag Rnk 757 / 1216
falsefalseN/A
2021 - 2022
FASTEST GROWING MARKETfalseFrance
2022
Imports $83.3MWorld Rnk 1 / 185
Flag Rnk 798 / 1215
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of Germany1.78Rnk 5 / 133

About

The fastest growing export markets for Nitric Acids of Germany between 2021 and 2022 were France ($17.9M), Belgium ($11.1M), and Netherlands ($4.93M).

Imports In 2022, Germany imported $83.3M in Nitric Acids, becoming the 1st largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 798th most imported product in Germany. Germany imports Nitric Acids primarily from: Belgium ($59.8M), Czechia ($5.69M), Austria ($5.18M), France ($4.79M), and Slovakia ($2.24M).

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 Nitric Acids. 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)$100M
IMPORTS (2022)$83.3M
NET TRADE (2022)$16.8M

In 2022, Germany imported $83.3M in Nitric Acids, mainly from Belgium ($59.8M), Czechia ($5.69M), Austria ($5.18M), France ($4.79M), and Slovakia ($2.24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitric Acids EXPORT MARKETS FOR Germany WERE (2021 - 2022):
France$17.9M (149%)
Belgium$11.1M (52.4%)
Netherlands$4.93M (108%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitric Acids BY Germany WERE (2021 - 2022):
Malaysia-$94.5k (-40.3%)
Spain-$85.4k (-7.6%)
Chinese Taipei-$66.2k (-44.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Nitric Acids were:
South Korea $154M
Belgium $142M
In 2022, Germany's main importing competitors in Nitric Acids were:
France $64.3M
Japan $47.6M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $1.16M
TOP IMPORT POTENTIALNetherlands+ $1.22M

Nitric Acids’s highest export potential is Netherlands. With an export gap of $1.16M.   Nitric Acids’s highest import potential is Netherlands with an import gap of $1.22M.

See methodology.

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