2023
Exports
$11.9BWorld Rnk 2 / 222
Flag Rnk 20 / 1215
2023
PRODUCT COMPLEXITY IN Liquid Pumps
1.3Rnk 77 / 1025
2023
Imports
$5.63BWorld Rnk 2 / 226
Flag Rnk 38 / 1215
2023
ECONOMIC COMPLEXITY of Germany
1.79Rnk 5 / 132

About

Exports In 2023, Germany exported $11.9B in Liquid Pumps, making it the 2nd largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 20th most exported product in Germany. The main destination of Liquid Pumps exports from Germany are: United States ($1.45B), China ($1.1B), France ($831M), Italy ($640M), and Czechia ($617M).

The fastest growing export markets for Liquid Pumps of Germany between 2022 and 2023 were South Korea ($144M), Italy ($108M), and Czechia ($90.7M).

Imports In 2023, Germany imported $5.63B in Liquid Pumps, becoming the 2nd largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 38th most imported product in Germany. Germany imports Liquid Pumps primarily from: Czechia ($915M), Italy ($669M), United States ($462M), China ($457M), and France ($363M).

The fastest growing import markets in Liquid Pumps for Germany between 2022 and 2023 were Czechia ($123M), United States ($64M), and Italy ($45.1M).

COMPANIES In 2023, leading companies such as Robert Bosch (1.75k), Danfoss (642), and CONTINENTAL AUTOMOTIVE SYSTEMS, INC (219) were at the forefront of shipping Liquid Pumps 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 Liquid Pumps. 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)$11.9B
IMPORTS (2023)$5.63B
NET TRADE (2023)$6.27B

In 2023, Germany exported $11.9B in Liquid Pumps. The main destinations of Germany exports on Liquid Pumps were United States ($1.45B), China ($1.1B), France ($831M), Italy ($640M), and Czechia ($617M).

In 2023, Germany imported $5.63B in Liquid Pumps, mainly from Czechia ($915M), Italy ($669M), United States ($462M), China ($457M), and France ($363M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Liquid Pumps EXPORT MARKETS FOR Germany WERE (2022 - 2023):
South Korea$144M (81.6%)
Italy$108M (20.4%)
Czechia$90.7M (17.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Pumps BY Germany WERE (2022 - 2023):
Russia-$142M (-90.6%)
China-$60.5M (-5.23%)
Kazakhstan-$21.6M (-41.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Germany's main exporting competitors in Liquid Pumps were:
In 2023, Germany's main importing competitors in Liquid Pumps were:

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Trade Value of Liquid Pumps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $257M
TOP IMPORT POTENTIALChina+ $207M

Liquid Pumps’s highest export potential is United States. With an export gap of $257M.   Liquid Pumps’s highest import potential is China with an import gap of $207M.

See methodology.

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