HS Icon Artificial Textile Machinery in  Flag Germany

2019
Exports | Imports
: $416M | $5.3M, World Rnk 1 / 87
Flag Rnk 430 / 1216 | World Rnk 23 / 159
Flag Rnk 1141 / 1215

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $43.2M | $254k, China |  Thailand

2019
ECONOMIC COMPLEXITY of Germany
: 1.93, Rnk 4 / 147

2019
PRODUCT COMPLEXITY  IN Artificial Textile Machinery
: 1.65, Rnk 32 / 1029

Exports In 2019, Germany exported $416M 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 430th most exported product in Germany. The main destination of Artificial Textile Machinery exports from Germany are: China ($200M), Turkey ($76.3M), United States ($48.4M), Brazil ($18.8M), and Indonesia ($14.7M).

The fastest growing export markets for Artificial Textile Machinery of Germany between 2018 and 2019 were China ($43.2M), Brazil ($15.8M), and Indonesia ($12.3M).

Imports In 2019, Germany imported $5.3M in Artificial Textile Machinery, becoming the 23rd largest importer of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 1141st most imported product in Germany. Germany imports Artificial Textile Machinery primarily from: Italy ($2.25M), United States ($1.24M), Czechia ($921k), Thailand ($254k), and China ($228k).

The fastest growing import markets in Artificial Textile Machinery for Germany between 2018 and 2019 were Thailand ($254k), China ($196k), and Brazil ($98.3k).

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 (Most Favoured Nation duty rate treatement, 1.7%), Gabon (Most Favoured Nation duty rate treatement, 1.7%), Libya (Most Favoured Nation duty rate treatement, 1.7%), Mayotte (Most Favoured Nation duty rate treatement, 1.7%), and Reunion (Most Favoured Nation duty rate treatement, 1.7%).

Historical Data

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EXPORTS (2019): $416M

IMPORTS (2019): $5.3M

NET TRADE (2019): $411M

In 2019, Germany exported $416M in Artificial Textile Machinery. The main destinations of Germany exports on Artificial Textile Machinery were China ($200M), Turkey ($76.3M), United States ($48.4M), Brazil ($18.8M), and Indonesia ($14.7M).

In 2019, Germany imported $5.3M in Artificial Textile Machinery, mainly from Italy ($2.25M), United States ($1.24M), Czechia ($921k), Thailand ($254k), and China ($228k).

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IN 2019, Germany HAD A POSITIVE NET TRADE IN Artificial Textile Machinery WITH:

IN 2019, Germany HAD A NEGATIVE NET TRADE IN Artificial Textile Machinery WITH:

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THE FASTEST GROWING Artificial Textile Machinery EXPORT MARKETS FOR Germany WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Textile Machinery BY Germany WERE (2018 - 2019):

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Market Concentration

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In 2019, Germany's main exporting competitors in Artificial Textile Machinery were:

In 2019, Germany's main importing competitors in Artificial Textile Machinery were:

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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 (Most Favoured Nation duty rate treatement, 1.7%), Gabon (Most Favoured Nation duty rate treatement, 1.7%), Libya (Most Favoured Nation duty rate treatement, 1.7%), Mayotte (Most Favoured Nation duty rate treatement, 1.7%), and Reunion (Most Favoured Nation duty rate treatement, 1.7%).