2022
Exports
$2.07BWorld Rnk 3 / 177
Flag Rnk 162 / 1216
2022
PRODUCT COMPLEXITY IN Iron Blocks
-0.42Rnk 679 / 1025
2022
Imports
$1.51BWorld Rnk 1 / 219
Flag Rnk 197 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $2.07B in Iron Blocks, making it the 3rd largest exporter of Iron Blocks in the world. At the same year, Iron Blocks was the 162nd most exported product in Germany. The main destination of Iron Blocks exports from Germany are: Netherlands ($366M), Poland ($203M), Italy ($151M), France ($142M), and United Kingdom ($127M).

The fastest growing export markets for Iron Blocks of Germany between 2021 and 2022 were Italy ($45.1M), Netherlands ($35.7M), and Czechia ($19.3M).

Imports In 2022, Germany imported $1.51B in Iron Blocks, becoming the 1st largest importer of Iron Blocks in the world. At the same year, Iron Blocks was the 197th most imported product in Germany. Germany imports Iron Blocks primarily from: Luxembourg ($399M), Poland ($248M), Italy ($213M), Spain ($139M), and Czechia ($87.7M).

The fastest growing import markets in Iron Blocks for Germany between 2021 and 2022 were Italy ($37M), Luxembourg ($18.3M), and Spain ($16M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (24), Dow Chemical (21), and UPM-Kymmene (18) were at the forefront of shipping Iron Blocks 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 Iron Blocks. 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)$2.07B
IMPORTS (2022)$1.51B
NET TRADE (2022)$558M

In 2022, Germany exported $2.07B in Iron Blocks. The main destinations of Germany exports on Iron Blocks were Netherlands ($366M), Poland ($203M), Italy ($151M), France ($142M), and United Kingdom ($127M).

In 2022, Germany imported $1.51B in Iron Blocks, mainly from Luxembourg ($399M), Poland ($248M), Italy ($213M), Spain ($139M), and Czechia ($87.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Blocks EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Italy$45.1M (42.5%)
Netherlands$35.7M (10.8%)
Czechia$19.3M (20.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Blocks BY Germany WERE (2021 - 2022):
Mexico-$13.1M (-47.5%)
Russia-$12.9M (-65.4%)
China-$9.99M (-28.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Iron Blocks were:
China $2.83B
Spain $2.24B
In 2022, Germany's main importing competitors in Iron Blocks were:

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Trade Value of Iron Blocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $65.1M
TOP IMPORT POTENTIALTurkey+ $25.6M

Iron Blocks’s highest export potential is France. With an export gap of $65.1M.   Iron Blocks’s highest import potential is Turkey with an import gap of $25.6M.

See methodology.

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