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2022
ExportsfalseWorld Rnk 8 / 183
Flag Rnk 856 / 1216
2021 - 2022
FASTEST GROWING MARKET $1.6MSpain
2022
PRODUCT COMPLEXITY IN Basketwork-1.47Rnk 944 / 1025
2022
Origin $4.72M China
2021 - 2022
FASTEST GROWING ORIGIN $4.72MVietnam
2022
ECONOMIC COMPLEXITY of Germany1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $57.9M in Basketwork, making it the 8th largest exporter of Basketwork in the world. At the same year, Basketwork was the 856th most exported product in Germany. The main destination of Basketwork exports from Germany are: Austria ($9.21M), Switzerland ($7.84M), Poland ($5.91M), France ($5.67M), and Spain ($4.43M).

The fastest growing export markets for Basketwork of Germany between 2021 and 2022 were Spain ($1.6M), Croatia ($1.29M), and Italy ($1.02M).

The fastest growing import markets in Basketwork for Germany between 2021 and 2022 were Vietnam ($4.72M), China ($2.35M), and Indonesia ($2.11M).

COMPANIES In 2023, leading companies such as IKEA Group (3) and Design Within Reach (3) were at the forefront of shipping Basketwork 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 Basketwork. 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)$57.9M

In 2022, Germany exported $57.9M in Basketwork. The main destinations of Germany exports on Basketwork were Austria ($9.21M), Switzerland ($7.84M), Poland ($5.91M), France ($5.67M), and Spain ($4.43M).

In N/A, Germany imported N/A in Basketwork, mainly from China ($91.3M), Vietnam ($42.8M), Netherlands ($25.3M), Poland ($21.3M), and Indonesia ($10.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Basketwork EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Spain$1.6M (56.6%)
Croatia$1.29M (377%)
Italy$1.02M (41.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Basketwork BY Germany WERE (2021 - 2022):
Austria-$2.09M (-18.5%)
Belgium-$592k (-30.8%)
India-$493k (-90.8%)
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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 Basketwork were:
China $1.3B
Vietnam $407M
India $158M
In 2022, Germany's main importing competitors in Basketwork were:
United States $910M
United Kingdom $161M

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Trade Value of Basketwork by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $2.81M
TOP IMPORT POTENTIALNetherlands+ $3.63M

Basketwork’s highest export potential is France. With an export gap of $2.81M.   Basketwork’s highest import potential is Netherlands with an import gap of $3.63M.

See methodology.

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