2023
Exports
$9.03BWorld Rnk 5 / 199
Flag Rnk 27 / 1215
2023
PRODUCT COMPLEXITY IN Gas Turbines
0.7Rnk 283 / 1025
2023
Imports
$14.4BWorld Rnk 3 / 210
Flag Rnk 16 / 1215
2023
ECONOMIC COMPLEXITY of Germany
1.79Rnk 5 / 132

About

Exports In 2023, Germany exported $9.03B in Gas Turbines, making it the 5th largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 27th most exported product in Germany. The main destination of Gas Turbines exports from Germany are: United States ($2.15B), United Kingdom ($727M), France ($693M), Singapore ($542M), and Canada ($464M).

The fastest growing export markets for Gas Turbines of Germany between 2022 and 2023 were France ($368M), Singapore ($248M), and Egypt ($217M).

Imports In 2023, Germany imported $14.4B in Gas Turbines, becoming the 3rd largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 16th most imported product in Germany. Germany imports Gas Turbines primarily from: United States ($7.54B), United Kingdom ($1.69B), France ($1.58B), Japan ($422M), and Poland ($393M).

The fastest growing import markets in Gas Turbines for Germany between 2022 and 2023 were France ($418M), United States ($410M), and United Kingdom ($177M).

COMPANIES In 2023, leading companies such as BOEING (12), Team Hardinger (1), and Trumpf (1) were at the forefront of shipping Gas Turbines from Germany to the United States.

Latest Trends

Dec 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 Gas Turbines. 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)$9.03B
IMPORTS (2023)$14.4B
NET TRADE (2023)-$5.33B

In 2023, Germany exported $9.03B in Gas Turbines. The main destinations of Germany exports on Gas Turbines were United States ($2.15B), United Kingdom ($727M), France ($693M), Singapore ($542M), and Canada ($464M).

In 2023, Germany imported $14.4B in Gas Turbines, mainly from United States ($7.54B), United Kingdom ($1.69B), France ($1.58B), Japan ($422M), and Poland ($393M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Germany WERE (2022 - 2023):
France$368M (113%)
Singapore$248M (84.4%)
Egypt$217M (264%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Germany WERE (2022 - 2023):
China-$175M (-32.9%)
Hong Kong-$87.1M (-34%)
India-$64.8M (-76.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Germany's main exporting competitors in Gas Turbines were:
In 2023, Germany's main importing competitors in Gas Turbines were:

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Trade Value of Gas Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $230M
TOP IMPORT POTENTIALFrance+ $487M

Gas Turbines’s highest export potential is France. With an export gap of $230M.   Gas Turbines’s highest import potential is France with an import gap of $487M.

See methodology.

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