Artificial Textile Machinery in Germany

EXPORTS (2018): $480M, World Rnk 1 / 68
Flag Rnk 415 / 1217

TOP DESTINATION (2018): $157M, China

FASTEST GROWING MARKET (2017 - 2018): $65.3M, China

IMPORTS (2018): $11.4M, World Rnk 16 / 137
Flag Rnk 1091 / 1215

TOP ORIGIN (2018): $7.13M, Italy

FASTEST GROWING ORIGIN (2017 - 2018): $4.33M, Italy

ECONOMIC COMPLEXITY of Germany (2018): 1.9, Rnk 4 / 137

PRODUCT COMPLEXITY  IN Artificial Textile Machinery (2018): 1.57, Rnk 38 / 1018

Exports: In 2018, Germany exported $480M in Artificial Textile Machinery, making it the 1st largest exporter of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 415th most exported product in Germany. The main destination of Artificial Textile Machinery exports from Germany are: China ($157M), Turkey ($95M), India ($92.9M), United States ($63.8M), and Honduras ($10.4M).

The fastest growing export markets for Artificial Textile Machinery of Germany between 2017 and 2018 were China ($65.3M), India ($49M), and United States ($30.1M).

Imports: In 2018, Germany imported $11.4M in Artificial Textile Machinery, becoming the 16th largest importer of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 1091st most imported product in Germany. Germany imports Artificial Textile Machinery primarily from: Italy ($7.13M), United States ($1.67M), Czechia ($1.35M), United Kingdom ($285k), and Norway ($213k).

The fastest growing import markets in Artificial Textile Machinery for Germany between 2017 and 2018 were Italy ($4.33M), United States ($1.56M), and Czechia ($1.04M).

Tariffs: In 2017, the average tariff for Germany in Artificial Textile Machinery was 0.5%. The countries with the highest import tariffs for Artificial Textile Machinery were Western Sahara (1.7%), Gabon (1.7%), Libya (1.7%), Mayotte (1.7%), and Reunion (1.7%).

Value

EXPORTS (2018): $480M

IMPORTS (2018): $11.4M

NET TRADE (2018): $469M

In 2018, Germany exported $480M in Artificial Textile Machinery. The main destinations of Germany exports on Artificial Textile Machinery were China ($157M), Turkey ($95M), India ($92.9M), United States ($63.8M), and Honduras ($10.4M).

In 2018, Germany imported $11.4M in Artificial Textile Machinery, mainly from Italy ($7.13M), United States ($1.67M), Czechia ($1.35M), United Kingdom ($285k), and Norway ($213k).

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IN 2018, Germany HAD A POSITIVE NET TRADE IN Artificial Textile Machinery WITH:

IN 2018, Germany HAD A NEGATIVE NET TRADE IN Artificial Textile Machinery WITH:

Flow

THE FASTEST GROWING Artificial Textile Machinery EXPORT MARKETS FOR Germany WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Textile Machinery BY Germany WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, Germany's main exporting competitors in Artificial Textile Machinery were:

In 2018, Germany's main importing competitors in Artificial Textile Machinery were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Artificial Textile Machinery in Germany. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the average tariff for Germany in Artificial Textile Machinery was 0.5%.

The countries with the highest tariffs for Artificial Textile Machinery in Germany were Western Sahara (1.7%), Gabon (1.7%), Libya (1.7%), Mayotte (1.7%), and Reunion (1.7%).

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