2022
Exports
$1.64BWorld Rnk 1 / 126
Flag Rnk 198 / 1216
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron Bars
-0.34Rnk 659 / 1025
2022
Imports
$897MWorld Rnk 2 / 210
Flag Rnk 282 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $1.64B in Hot-Rolled Iron Bars, making it the 1st largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 198th most exported product in Germany. The main destination of Hot-Rolled Iron Bars exports from Germany are: France ($231M), Poland ($153M), Italy ($125M), Austria ($116M), and Switzerland ($110M).

The fastest growing export markets for Hot-Rolled Iron Bars of Germany between 2021 and 2022 were France ($39.3M), Belgium ($35.3M), and Canada ($33.3M).

Imports In 2022, Germany imported $897M in Hot-Rolled Iron Bars, becoming the 2nd largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 282nd most imported product in Germany. Germany imports Hot-Rolled Iron Bars primarily from: France ($177M), Italy ($143M), Switzerland ($135M), Czechia ($106M), and Poland ($101M).

The fastest growing import markets in Hot-Rolled Iron Bars for Germany between 2021 and 2022 were Poland ($52.1M), Italy ($20.3M), and Netherlands ($12.8M).

COMPANIES In 2023, leading companies such as Mahle Behr (6) were at the forefront of shipping Hot-Rolled Iron Bars from Germany to the United States.

Latest Trends

Jul 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 Hot-Rolled Iron Bars. 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)$1.64B
IMPORTS (2022)$897M
NET TRADE (2022)$745M

In 2022, Germany exported $1.64B in Hot-Rolled Iron Bars. The main destinations of Germany exports on Hot-Rolled Iron Bars were France ($231M), Poland ($153M), Italy ($125M), Austria ($116M), and Switzerland ($110M).

In 2022, Germany imported $897M in Hot-Rolled Iron Bars, mainly from France ($177M), Italy ($143M), Switzerland ($135M), Czechia ($106M), and Poland ($101M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron Bars EXPORT MARKETS FOR Germany WERE (2021 - 2022):
France$39.3M (20.6%)
Belgium$35.3M (79.7%)
Canada$33.3M (54.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron Bars BY Germany WERE (2021 - 2022):
Poland-$42.1M (-21.6%)
Switzerland-$24.4M (-18.2%)
Italy-$22.1M (-15%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Hot-Rolled Iron Bars were:
China $1.62B
In 2022, Germany's main importing competitors in Hot-Rolled Iron Bars were:

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Trade Value of Hot-Rolled Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelgium+ $37.5M
TOP IMPORT POTENTIALBelgium+ $24.4M

Hot-Rolled Iron Bars’s highest export potential is Belgium. With an export gap of $37.5M.   Hot-Rolled Iron Bars’s highest import potential is Belgium with an import gap of $24.4M.

See methodology.

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