HS Icon Cars in  Flag Germany

2020
Exports | Imports
: $123B | $68.9B, World Rnk 1 / 210
Flag Rnk 1 / 1217 | World Rnk 2 / 224
Flag Rnk 1 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.58B | $418M, Turkey |  Czechia

2020
ECONOMIC COMPLEXITY of Germany
: 1.88, Rnk 4 / 127

2020
PRODUCT COMPLEXITY  IN Cars
: 0.89, Rnk 214 / 1029

Exports In 2020, Germany exported $123B in Cars, making it the 1st largest exporter of Cars in the world. At the same year, Cars was the 1st most exported product in Germany. The main destination of Cars exports from Germany are: China ($16.7B), United States ($15.1B), United Kingdom ($13.3B), France ($8.26B), and Italy ($6.92B).

The fastest growing export markets for Cars of Germany between 2019 and 2020 were Turkey ($1.58B), South Korea ($1.04B), and Chinese Taipei ($207M).

Imports In 2020, Germany imported $68.9B in Cars, becoming the 2nd largest importer of Cars in the world. At the same year, Cars was the 1st most imported product in Germany. Germany imports Cars primarily from: Spain ($7.06B), United States ($6.46B), Czechia ($6.12B), Slovakia ($5.92B), and Mexico ($4.92B).

The fastest growing import markets in Cars for Germany between 2019 and 2020 were Czechia ($418M), Italy ($416M), and Hungary ($363M).

Tariffs In 2019, the average tariff for Germany in Cars was 3.62%. The countries with the highest import tariffs for Cars were Republic of the Congo (Most Favoured Nation duty rate treatement, 9.84%), Western Sahara (Most Favoured Nation duty rate treatement, 9.84%), Gabon (Most Favoured Nation duty rate treatement, 9.84%), Libya (Most Favoured Nation duty rate treatement, 9.84%), and Mayotte (Most Favoured Nation duty rate treatement, 9.84%).

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Subnational Monthly Trade

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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 Cars. 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

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EXPORTS (2020): $123B

IMPORTS (2020): $68.9B

NET TRADE (2020): $53.6B

In 2020, Germany exported $123B in Cars. The main destinations of Germany exports on Cars were China ($16.7B), United States ($15.1B), United Kingdom ($13.3B), France ($8.26B), and Italy ($6.92B).

In 2020, Germany imported $68.9B in Cars, mainly from Spain ($7.06B), United States ($6.46B), Czechia ($6.12B), Slovakia ($5.92B), and Mexico ($4.92B).

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THE FASTEST GROWING Cars EXPORT MARKETS FOR Germany WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Germany WERE (2019 - 2020):

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Market Concentration

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In 2020, Germany's main exporting competitors in Cars were:

In 2020, Germany's main importing competitors in Cars were:

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