HS Icon Machinery Having Individual Functions in  Flag Germany

2019
Exports | Imports
: $19.5B | $6.22B, World Rnk 2 / 222
Flag Rnk 6 / 1216 | World Rnk 4 / 224
Flag Rnk 31 / 1215

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $64.5M | $22.8M, Lithuania |  Netherlands

2019
ECONOMIC COMPLEXITY of Germany
: 1.93, Rnk 4 / 147

2019
PRODUCT COMPLEXITY  IN Machinery Having Individual Functions
: 2.05, Rnk 8 / 1029

Exports In 2019, Germany exported $19.5B in Machinery Having Individual Functions, making it the 2nd largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 6th most exported product in Germany. The main destination of Machinery Having Individual Functions exports from Germany are: China ($2.72B), United States ($2.38B), France ($1.06B), Poland ($937M), and Netherlands ($918M).

The fastest growing export markets for Machinery Having Individual Functions of Germany between 2018 and 2019 were Lithuania ($64.5M), Austria ($61M), and France ($54.9M).

Imports In 2019, Germany imported $6.22B in Machinery Having Individual Functions, becoming the 4th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 31st most imported product in Germany. Germany imports Machinery Having Individual Functions primarily from: Switzerland ($662M), Czechia ($600M), United States ($550M), Italy ($510M), and China ($449M).

The fastest growing import markets in Machinery Having Individual Functions for Germany between 2018 and 2019 were Netherlands ($22.8M), China ($22.1M), and Italy ($15.6M).

Tariffs In 2017, the average tariff for Germany in Machinery Having Individual Functions was 0.41%. The countries with the highest import tariffs for Machinery Having Individual Functions were Western Sahara (Most Favoured Nation duty rate treatement, 1.37%), Gabon (Most Favoured Nation duty rate treatement, 1.37%), Libya (Most Favoured Nation duty rate treatement, 1.37%), Mayotte (Most Favoured Nation duty rate treatement, 1.37%), and Reunion (Most Favoured Nation duty rate treatement, 1.37%).

Historical Data

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EXPORTS (2019): $19.5B

IMPORTS (2019): $6.22B

NET TRADE (2019): $13.3B

In 2019, Germany exported $19.5B in Machinery Having Individual Functions. The main destinations of Germany exports on Machinery Having Individual Functions were China ($2.72B), United States ($2.38B), France ($1.06B), Poland ($937M), and Netherlands ($918M).

In 2019, Germany imported $6.22B in Machinery Having Individual Functions, mainly from Switzerland ($662M), Czechia ($600M), United States ($550M), Italy ($510M), and China ($449M).

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IN 2019, Germany HAD A POSITIVE NET TRADE IN Machinery Having Individual Functions WITH:

IN 2019, Germany HAD A NEGATIVE NET TRADE IN Machinery Having Individual Functions WITH:

Flow

THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Germany WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Germany WERE (2018 - 2019):

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Market Concentration

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In 2019, Germany's main exporting competitors in Machinery Having Individual Functions were:

In 2019, Germany's main importing competitors in Machinery Having Individual Functions were:

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Tariffs by Country

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In 2017, the average tariff for Germany in Machinery Having Individual Functions was 0.41%.

The countries with the highest tariffs for Machinery Having Individual Functions in Germany were Western Sahara (Most Favoured Nation duty rate treatement, 1.37%), Gabon (Most Favoured Nation duty rate treatement, 1.37%), Libya (Most Favoured Nation duty rate treatement, 1.37%), Mayotte (Most Favoured Nation duty rate treatement, 1.37%), and Reunion (Most Favoured Nation duty rate treatement, 1.37%).