Exports In 2018, Germany exported $12.2B in Electrical Transformers, making it the 2nd largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 18th most exported product in Germany. The main destination of Electrical Transformers exports from Germany are: China ($1.4B), United States ($1.1B), Italy ($927M), Netherlands ($720M), and France ($698M).
The fastest growing export markets for Electrical Transformers of Germany between 2021 and 2022 were Netherlands ($170M), South Korea ($120M), and Austria ($78.2M).
Imports In 2022, Germany imported $12.4B in Electrical Transformers, becoming the 2nd largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 17th most imported product in Germany. Germany imports Electrical Transformers primarily from: China ($3.38B), Netherlands ($1.2B), Hungary ($1.02B), Czechia ($784M), and Austria ($717M).
The fastest growing import markets in Electrical Transformers for Germany between 2021 and 2022 were China ($1.16B), Netherlands ($518M), and Czechia ($157M).
COMPANIES In 2023, leading companies such as Siemens (84), Robert Bosch (47), and ABB Motors and Mechanical (21) were at the forefront of shipping Electrical Transformers from Germany to the United States.