Exports In 2020, Germany exported $7.87B in Insulated Wire, making it the 4th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 28th most exported product in Germany. The main destination of Insulated Wire exports from Germany are: Czechia ($609M), China ($595M), Netherlands ($531M), United States ($495M), and Poland ($450M).
The fastest growing export markets for Insulated Wire of Germany between 2019 and 2020 were China ($31.9M), United States ($21.2M), and Netherlands ($20.3M).
Imports In 2020, Germany imported $11B in Insulated Wire, becoming the 2nd largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 12th most imported product in Germany. Germany imports Insulated Wire primarily from: Czechia ($1.46B), Romania ($1.25B), Poland ($922M), China ($765M), and Hungary ($718M).
The fastest growing import markets in Insulated Wire for Germany between 2019 and 2020 were Hungary ($198M), Poland ($139M), and Morocco ($50.3M).
Tariffs In 2019, the average tariff for Germany in Insulated Wire was 1.17%. The countries with the highest import tariffs for Insulated Wire were Republic of the Congo (Most Favoured Nation duty rate treatement, 3.19%), Western Sahara (Most Favoured Nation duty rate treatement, 3.19%), Gabon (Most Favoured Nation duty rate treatement, 3.19%), Libya (Most Favoured Nation duty rate treatement, 3.19%), and Mayotte (Most Favoured Nation duty rate treatement, 3.19%).