HS Icon Metalworking Transfer Machines in  Flag Germany

2019
Exports | Imports
: $2.47B | $646M, World Rnk 2 / 95
Flag Rnk 125 / 1216 | World Rnk 3 / 172
Flag Rnk 320 / 1215

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $19.8M | $14M, India |  Turkey

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

2019
PRODUCT COMPLEXITY  IN Metalworking Transfer Machines
: 2.25, Rnk 2 / 1029

Exports In 2019, Germany exported $2.47B in Metalworking Transfer Machines, making it the 2nd largest exporter of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 125th most exported product in Germany. The main destination of Metalworking Transfer Machines exports from Germany are: China ($533M), United States ($290M), Austria ($146M), Italy ($132M), and Poland ($125M).

The fastest growing export markets for Metalworking Transfer Machines of Germany between 2018 and 2019 were India ($19.8M), Japan ($18.5M), and Romania ($12.5M).

Imports In 2019, Germany imported $646M in Metalworking Transfer Machines, becoming the 3rd largest importer of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 320th most imported product in Germany. Germany imports Metalworking Transfer Machines primarily from: Japan ($124M), Switzerland ($89.1M), Italy ($61.9M), Chinese Taipei ($60.7M), and South Korea ($48M).

The fastest growing import markets in Metalworking Transfer Machines for Germany between 2018 and 2019 were Turkey ($14M), Austria ($12.8M), and Italy ($11.7M).

Tariffs In 2017, the average tariff for Germany in Metalworking Transfer Machines was 0.8%. The countries with the highest import tariffs for Metalworking Transfer Machines were Western Sahara (Most Favoured Nation duty rate treatement, 2.7%), Gabon (Most Favoured Nation duty rate treatement, 2.7%), Libya (Most Favoured Nation duty rate treatement, 2.7%), Mayotte (Most Favoured Nation duty rate treatement, 2.7%), and Reunion (Most Favoured Nation duty rate treatement, 2.7%).

Historical Data

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EXPORTS (2019): $2.47B

IMPORTS (2019): $646M

NET TRADE (2019): $1.83B

In 2019, Germany exported $2.47B in Metalworking Transfer Machines. The main destinations of Germany exports on Metalworking Transfer Machines were China ($533M), United States ($290M), Austria ($146M), Italy ($132M), and Poland ($125M).

In 2019, Germany imported $646M in Metalworking Transfer Machines, mainly from Japan ($124M), Switzerland ($89.1M), Italy ($61.9M), Chinese Taipei ($60.7M), and South Korea ($48M).

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IN 2019, Germany HAD A POSITIVE NET TRADE IN Metalworking Transfer Machines WITH:

IN 2019, Germany HAD A NEGATIVE NET TRADE IN Metalworking Transfer Machines WITH:

Flow

THE FASTEST GROWING Metalworking Transfer Machines EXPORT MARKETS FOR Germany WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Transfer Machines BY Germany WERE (2018 - 2019):

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Market Concentration

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In 2019, Germany's main exporting competitors in Metalworking Transfer Machines were:

In 2019, Germany's main importing competitors in Metalworking Transfer Machines were:

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Tariffs by Country

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In 2017, the average tariff for Germany in Metalworking Transfer Machines was 0.8%.

The countries with the highest tariffs for Metalworking Transfer Machines in Germany were Western Sahara (Most Favoured Nation duty rate treatement, 2.7%), Gabon (Most Favoured Nation duty rate treatement, 2.7%), Libya (Most Favoured Nation duty rate treatement, 2.7%), Mayotte (Most Favoured Nation duty rate treatement, 2.7%), and Reunion (Most Favoured Nation duty rate treatement, 2.7%).