Exports In 2020, Germany exported $517M in Metalworking Machines, making it the 1st largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 393rd most exported product in Germany. The main destination of Metalworking Machines exports from Germany are: China ($137M), United States ($64.5M), Italy ($32.5M), Russia ($25.9M), and France ($17.2M).
The fastest growing export markets for Metalworking Machines of Germany between 2019 and 2020 were Chinese Taipei ($5.95M), Romania ($3.57M), and Turkey ($2.71M).
Imports In 2020, Germany imported $102M in Metalworking Machines, becoming the 3rd largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 725th most imported product in Germany. Germany imports Metalworking Machines primarily from: Italy ($21.7M), Switzerland ($15.5M), China ($12.9M), Austria ($10.9M), and Czechia ($7.19M).
The fastest growing import markets in Metalworking Machines for Germany between 2019 and 2020 were China ($2.27M), Austria ($1.82M), and Denmark ($1.72M).
Tariffs In 2019, the average tariff for Germany in Metalworking Machines was 0.75%. The countries with the highest import tariffs for Metalworking Machines were Republic of the Congo (Most Favoured Nation duty rate treatement, 2.06%), Western Sahara (Most Favoured Nation duty rate treatement, 2.06%), Gabon (Most Favoured Nation duty rate treatement, 2.06%), Libya (Most Favoured Nation duty rate treatement, 2.06%), and Mayotte (Most Favoured Nation duty rate treatement, 2.06%).