2023
Exports
$8.74BWorld Rnk 5 / 212
Flag Rnk 30 / 1215
2023
PRODUCT COMPLEXITY IN Electric Batteries
1.17Rnk 118 / 1025
2023
Imports
$29BWorld Rnk 1 / 224
Flag Rnk 8 / 1215
2023
ECONOMIC COMPLEXITY of Germany
1.79Rnk 5 / 132

About

Exports In 2023, Germany exported $8.74B in Electric Batteries, making it the 5th largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 30th most exported product in Germany. The main destination of Electric Batteries exports from Germany are: United States ($1.38B), Czechia ($823M), China ($711M), United Kingdom ($610M), and Italy ($582M).

The fastest growing export markets for Electric Batteries of Germany between 2022 and 2023 were Czechia ($256M), Mexico ($202M), and Poland ($193M).

Imports In 2023, Germany imported $29B in Electric Batteries, becoming the 1st largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 8th most imported product in Germany. Germany imports Electric Batteries primarily from: China ($13.3B), Poland ($5.49B), Hungary ($4.39B), Czechia ($1.98B), and South Korea ($979M).

The fastest growing import markets in Electric Batteries for Germany between 2022 and 2023 were China ($5.15B), Hungary ($2.6B), and Poland ($1.12B).

COMPANIES In 2024, leading companies such as Samsung (277), Trumpf (4), and Volkswagen (3) were at the forefront of shipping Electric Batteries from Germany to the United States.

Latest Trends

Jan 2025

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 Electric Batteries. 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 (2023)$8.74B
IMPORTS (2023)$29B
NET TRADE (2023)-$20.3B

In 2023, Germany exported $8.74B in Electric Batteries. The main destinations of Germany exports on Electric Batteries were United States ($1.38B), Czechia ($823M), China ($711M), United Kingdom ($610M), and Italy ($582M).

In 2023, Germany imported $29B in Electric Batteries, mainly from China ($13.3B), Poland ($5.49B), Hungary ($4.39B), Czechia ($1.98B), and South Korea ($979M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Batteries EXPORT MARKETS FOR Germany WERE (2022 - 2023):
Czechia$256M (45.1%)
Mexico$202M (123%)
Poland$193M (52.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Batteries BY Germany WERE (2022 - 2023):
United States-$272M (-16.4%)
Italy-$108M (-15.6%)
Slovakia-$62.3M (-28.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Germany's main exporting competitors in Electric Batteries were:
In 2023, Germany's main importing competitors in Electric Batteries were:

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Trade Value of Electric Batteries by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $242M
TOP IMPORT POTENTIALNetherlands+ $213M

Electric Batteries’s highest export potential is France. With an export gap of $242M.   Electric Batteries’s highest import potential is Netherlands with an import gap of $213M.

See methodology.

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