2022
Exports
$905MWorld Rnk 2 / 188
Flag Rnk 307 / 1216
falsefalse United States
2022
PRODUCT COMPLEXITY IN Iron Chains
1.44Rnk 65 / 1025
2022
Imports
$495MWorld Rnk 2 / 222
Flag Rnk 428 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $905M in Iron Chains, making it the 2nd largest exporter of Iron Chains in the world. At the same year, Iron Chains was the 307th most exported product in Germany. The main destination of Iron Chains exports from Germany are: United States ($97.2M), China ($79.1M), France ($60.8M), Japan ($53.4M), and Austria ($52.1M).

The fastest growing export markets for Iron Chains of Germany between 2021 and 2022 were United Kingdom ($10M), United States ($6.43M), and Austria ($6.17M).

Imports In 2022, Germany imported $495M in Iron Chains, becoming the 2nd largest importer of Iron Chains in the world. At the same year, Iron Chains was the 428th most imported product in Germany. Germany imports Iron Chains primarily from: China ($137M), Japan ($54.8M), Romania ($47.8M), Italy ($38.8M), and Netherlands ($37.9M).

COMPANIES In 2023, leading companies such as Konecranes (59), CLAAS (14), and Trumpf (7) were at the forefront of shipping Iron Chains 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 Chains. 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)$905M
IMPORTS (2022)$495M
NET TRADE (2022)$410M

In 2022, Germany exported $905M in Iron Chains. The main destinations of Germany exports on Iron Chains were United States ($97.2M), China ($79.1M), France ($60.8M), Japan ($53.4M), and Austria ($52.1M).

In 2022, Germany imported $495M in Iron Chains, mainly from China ($137M), Japan ($54.8M), Romania ($47.8M), Italy ($38.8M), and Netherlands ($37.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Chains EXPORT MARKETS FOR Germany WERE (2021 - 2022):
United Kingdom$10M (49.2%)
United States$6.43M (7.08%)
Austria$6.17M (13.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Chains BY Germany WERE (2021 - 2022):
Russia-$7.45M (-29.6%)
China-$5.18M (-6.15%)
Japan-$4.71M (-8.11%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Iron Chains were:
China $2.52B
Japan $503M
In 2022, Germany's main importing competitors in Iron Chains were:

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Trade Value of Iron Chains by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $18.9M
TOP IMPORT POTENTIALChina+ $13.8M

Iron Chains’s highest export potential is France. With an export gap of $18.9M.   Iron Chains’s highest import potential is China with an import gap of $13.8M.

See methodology.

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