HS Icon Medical Instruments in  Flag Germany

2020
Exports | Imports
: $16.7B | $11.1B, World Rnk 2 / 216
Flag Rnk 7 / 1217 | World Rnk 2 / 225
Flag Rnk 11 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $251M | $376M, France |  United States

2020
ECONOMIC COMPLEXITY of Germany
: 1.88, Rnk 4 / 127

2020
PRODUCT COMPLEXITY  IN Medical Instruments
: 0.74, Rnk 268 / 1029

Exports In 2020, Germany exported $16.7B in Medical Instruments, making it the 2nd largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 7th most exported product in Germany. The main destination of Medical Instruments exports from Germany are: United States ($2.94B), China ($1.38B), France ($1.13B), Netherlands ($1.06B), and Italy ($817M).

The fastest growing export markets for Medical Instruments of Germany between 2019 and 2020 were France ($251M), Netherlands ($140M), and Poland ($115M).

Imports In 2020, Germany imported $11.1B in Medical Instruments, becoming the 2nd largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 11th most imported product in Germany. Germany imports Medical Instruments primarily from: United States ($2.33B), Netherlands ($1.33B), Ireland ($836M), Switzerland ($715M), and China ($655M).

The fastest growing import markets in Medical Instruments for Germany between 2019 and 2020 were United States ($376M), China ($88.8M), and Israel ($53.1M).

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Subnational Monthly Trade

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The following visualization shows the latest trends on Medical Instruments. 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

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EXPORTS (2020): $16.7B

IMPORTS (2020): $11.1B

NET TRADE (2020): $5.65B

In 2020, Germany exported $16.7B in Medical Instruments. The main destinations of Germany exports on Medical Instruments were United States ($2.94B), China ($1.38B), France ($1.13B), Netherlands ($1.06B), and Italy ($817M).

In 2020, Germany imported $11.1B in Medical Instruments, mainly from United States ($2.33B), Netherlands ($1.33B), Ireland ($836M), Switzerland ($715M), and China ($655M).

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THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Germany WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Germany WERE (2019 - 2020):

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Market Concentration

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In 2020, Germany's main exporting competitors in Medical Instruments were:

In 2020, Germany's main importing competitors in Medical Instruments were:

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