HS Icon Electric Locomotives in  Flag Germany

2020
Exports | Imports
: $483M | $27.4M, World Rnk 1 / 50
Flag Rnk 404 / 1217 | World Rnk 12 / 96
Flag Rnk 970 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $66M | $23.1M, Switzerland |  Switzerland

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

2020
PRODUCT COMPLEXITY  IN Electric Locomotives
: 0.34, Rnk 428 / 1029

Exports In 2020, Germany exported $483M in Electric Locomotives, making it the 1st largest exporter of Electric Locomotives in the world. At the same year, Electric Locomotives was the 404th most exported product in Germany. The main destination of Electric Locomotives exports from Germany are: Austria ($199M), Switzerland ($83.4M), Czechia ($44.6M), Finland ($32.6M), and Slovakia ($24.8M).

The fastest growing export markets for Electric Locomotives of Germany between 2019 and 2020 were Switzerland ($66M), Austria ($23.8M), and Romania ($19.8M).

Imports In 2020, Germany imported $27.4M in Electric Locomotives, becoming the 12th largest importer of Electric Locomotives in the world. At the same year, Electric Locomotives was the 970th most imported product in Germany. Germany imports Electric Locomotives primarily from: Switzerland ($23.6M), China ($3.36M), Slovakia ($186k), Netherlands ($155k), and Bulgaria ($130k).

The fastest growing import markets in Electric Locomotives for Germany between 2019 and 2020 were Switzerland ($23.1M), China ($3.36M), and Slovakia ($186k).

Tariffs In 2019, the average tariff for Germany in Electric Locomotives was 0.62%. The countries with the highest import tariffs for Electric Locomotives were Republic of the Congo (Most Favoured Nation duty rate treatement, 1.7%), 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%), and Mayotte (Most Favoured Nation duty rate treatement, 1.7%).

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Subnational Monthly Trade

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The following visualization shows the latest trends on Electric Locomotives. 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): $483M

IMPORTS (2020): $27.4M

NET TRADE (2020): $455M

In 2020, Germany exported $483M in Electric Locomotives. The main destinations of Germany exports on Electric Locomotives were Austria ($199M), Switzerland ($83.4M), Czechia ($44.6M), Finland ($32.6M), and Slovakia ($24.8M).

In 2020, Germany imported $27.4M in Electric Locomotives, mainly from Switzerland ($23.6M), China ($3.36M), Slovakia ($186k), Netherlands ($155k), and Bulgaria ($130k).

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

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

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Market Concentration

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

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

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