EXPORTS (2018): $828M, World Rnk 1 / 123
Rnk 314 / 1217
TOP DESTINATION (2018): $250M, China
FASTEST GROWING MARKET (2017 - 2018): $25M, Italy
IMPORTS (2018): $136M, World Rnk 4 / 199 Rnk 683 / 1215
TOP ORIGIN (2018): $36.5M, Switzerland
FASTEST GROWING ORIGIN (2017 - 2018): $7.81M, Czechia
ECONOMIC COMPLEXITY of Germany (2018): 1.9, Rnk 4 / 137
PRODUCT COMPLEXITY IN Metalworking Machines (2018): 2.02, Rnk 8 / 1018
Exports: In 2018, Germany exported $828M in Metalworking Machines, making it the 1st largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 314th most exported product in Germany. The main destination of Metalworking Machines exports from Germany are: China ($250M), United States ($92.9M), Italy ($66.3M), India ($38.3M), and France ($38.3M).
The fastest growing export markets for Metalworking Machines of Germany between 2017 and 2018 were Italy ($25M), Russia ($19.8M), and China ($16.4M).
Imports: In 2018, Germany imported $136M in Metalworking Machines, becoming the 4th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 683rd most imported product in Germany. Germany imports Metalworking Machines primarily from: Switzerland ($36.5M), Italy ($20.4M), Czechia ($12.2M), China ($9.75M), and Belgium-Luxembourg ($8.53M).
The fastest growing import markets in Metalworking Machines for Germany between 2017 and 2018 were Czechia ($7.81M), Belgium-Luxembourg ($7.29M), and Italy ($4.78M).
Tariffs: In 2017, the average tariff for Germany in Metalworking Machines was 0.61%. The countries with the highest import tariffs for Metalworking Machines were Western Sahara (2.06%), Gabon (2.06%), Libya (2.06%), Mayotte (2.06%), and Reunion (2.06%).
EXPORTS (2018): $828M
IMPORTS (2018): $136M
NET TRADE (2018): $692M
In 2018, Germany exported $828M in Metalworking Machines. The main destinations of Germany exports on Metalworking Machines were China ($250M), United States ($92.9M), Italy ($66.3M), India ($38.3M), and France ($38.3M).
In 2018, Germany imported $136M in Metalworking Machines, mainly from Switzerland ($36.5M), Italy ($20.4M), Czechia ($12.2M), China ($9.75M), and Belgium-Luxembourg ($8.53M).
IN 2018, Germany HAD A POSITIVE NET TRADE IN Metalworking Machines WITH:
IN 2018, Germany HAD A NEGATIVE NET TRADE IN Metalworking Machines WITH:
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Germany WERE (2017 - 2018):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Germany WERE (2017 - 2018):
In 2018, Germany's main exporting competitors in Metalworking Machines were:
In 2018, Germany's main importing competitors in Metalworking Machines were:
This section shows forecasts for total exports and imports, for Metalworking Machines in Germany. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.
In 2017, the average tariff for Germany in Metalworking Machines was 0.61%.
The countries with the highest tariffs for Metalworking Machines in Germany were Western Sahara (2.06%), Gabon (2.06%), Libya (2.06%), Mayotte (2.06%), and Reunion (2.06%).
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