2022
Exports
$3.59BWorld Rnk 1 / 199
Flag Rnk 100 / 1216
2022
PRODUCT COMPLEXITY IN Metalworking Machine Parts
1.64Rnk 34 / 1025
2022
Imports
$2.12BWorld Rnk 2 / 220
Flag Rnk 141 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $3.59B in Metalworking Machine Parts, making it the 1st largest exporter of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 100th most exported product in Germany. The main destination of Metalworking Machine Parts exports from Germany are: United States ($480M), China ($432M), Switzerland ($264M), Italy ($233M), and Austria ($217M).

The fastest growing export markets for Metalworking Machine Parts of Germany between 2021 and 2022 were France ($28.6M), Switzerland ($19.1M), and United States ($18.4M).

Imports In 2022, Germany imported $2.12B in Metalworking Machine Parts, becoming the 2nd largest importer of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 141st most imported product in Germany. Germany imports Metalworking Machine Parts primarily from: Switzerland ($299M), Italy ($237M), Czechia ($181M), Austria ($181M), and Poland ($147M).

The fastest growing import markets in Metalworking Machine Parts for Germany between 2021 and 2022 were Poland ($21.9M), United States ($13.7M), and Netherlands ($11M).

COMPANIES In 2023, leading companies such as Trumpf (64), Hilti Power Tools (23), and IKEA Group (18) were at the forefront of shipping Metalworking Machine Parts 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 Metalworking Machine Parts. 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)$3.59B
IMPORTS (2022)$2.12B
NET TRADE (2022)$1.47B

In 2022, Germany exported $3.59B in Metalworking Machine Parts. The main destinations of Germany exports on Metalworking Machine Parts were United States ($480M), China ($432M), Switzerland ($264M), Italy ($233M), and Austria ($217M).

In 2022, Germany imported $2.12B in Metalworking Machine Parts, mainly from Switzerland ($299M), Italy ($237M), Czechia ($181M), Austria ($181M), and Poland ($147M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machine Parts EXPORT MARKETS FOR Germany WERE (2021 - 2022):
France$28.6M (15.7%)
Switzerland$19.1M (7.8%)
United States$18.4M (3.98%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machine Parts BY Germany WERE (2021 - 2022):
Russia-$35.8M (-51.5%)
China-$33.5M (-7.2%)
Poland-$19.8M (-12.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Metalworking Machine Parts were:
In 2022, Germany's main importing competitors in Metalworking Machine Parts were:

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Trade Value of Metalworking Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $78.3M
TOP IMPORT POTENTIALChina+ $46M

Metalworking Machine Parts’s highest export potential is France. With an export gap of $78.3M.   Metalworking Machine Parts’s highest import potential is China with an import gap of $46M.

See methodology.

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