2022
Exports
$11.3BWorld Rnk 2 / 219
Flag Rnk 21 / 1216
2022
PRODUCT COMPLEXITY IN Electrical Control Boards
0.56Rnk 343 / 1025
2022
Imports
$8.76BWorld Rnk 2 / 224
Flag Rnk 26 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $11.3B in Electrical Control Boards, making it the 2nd largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 21st most exported product in Germany. The main destination of Electrical Control Boards exports from Germany are: United States ($1.64B), China ($1.17B), France ($790M), Italy ($563M), and Netherlands ($459M).

The fastest growing export markets for Electrical Control Boards of Germany between 2021 and 2022 were United States ($220M), France ($160M), and Turkey ($56.5M).

Imports In 2022, Germany imported $8.76B in Electrical Control Boards, becoming the 2nd largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 26th most imported product in Germany. Germany imports Electrical Control Boards primarily from: Romania ($1.5B), Hungary ($1.03B), China ($807M), Poland ($789M), and Czechia ($623M).

The fastest growing import markets in Electrical Control Boards for Germany between 2021 and 2022 were Poland ($439M), China ($141M), and United States ($128M).

COMPANIES In 2023, leading companies such as Robert Bosch (75), Trumpf (21), and BSH Home Appliances (15) were at the forefront of shipping Electrical Control Boards from Germany to the United States.

Latest Trends

Oct 2024

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 Electrical Control Boards. 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 (2022)$11.3B
IMPORTS (2022)$8.76B
NET TRADE (2022)$2.55B

In 2022, Germany exported $11.3B in Electrical Control Boards. The main destinations of Germany exports on Electrical Control Boards were United States ($1.64B), China ($1.17B), France ($790M), Italy ($563M), and Netherlands ($459M).

In 2022, Germany imported $8.76B in Electrical Control Boards, mainly from Romania ($1.5B), Hungary ($1.03B), China ($807M), Poland ($789M), and Czechia ($623M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR Germany WERE (2021 - 2022):
United States$220M (15.5%)
France$160M (25.5%)
Turkey$56.5M (30.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY Germany WERE (2021 - 2022):
China-$2.32B (-66.6%)
Russia-$191M (-76%)
Brazil-$110M (-58.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Electrical Control Boards were:
China $14.2B
Mexico $7.12B
In 2022, Germany's main importing competitors in Electrical Control Boards were:

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Trade Value of Electrical Control Boards by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $311M
TOP IMPORT POTENTIALChina+ $282M

Electrical Control Boards’s highest export potential is United States. With an export gap of $311M.   Electrical Control Boards’s highest import potential is China with an import gap of $282M.

See methodology.

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