2023
Exports
$37.8BWorld Rnk 26 / 224
Flag Rnk 8 / 21
2023
PRODUCT COMPLEXITY IN Mineral Products
0.38Rnk 423 / 1025
2023
Imports
$137BWorld Rnk 5 / 226
Flag Rnk 4 / 21
2023
ECONOMIC COMPLEXITY of Germany
1.79Rnk 5 / 132

About

Exports In 2023, Germany exported $37.8B in Mineral Products, making it the 26th largest exporter of Mineral Products in the world. At the same year, Mineral Products was the 8th most exported product in Germany. The main destination of Mineral Products exports from Germany are: Netherlands ($6.24B), Austria ($5.79B), Switzerland ($5.51B), Poland ($3.91B), and Czechia ($3.15B).

The fastest growing export markets for Mineral Products of Germany between 2022 and 2023 were Ukraine ($173M), Hungary ($38.9M), and Romania ($38.2M).

Imports In 2023, Germany imported $137B in Mineral Products, becoming the 5th largest importer of Mineral Products in the world. At the same year, Mineral Products was the 4th most imported product in Germany. Germany imports Mineral Products primarily from: Norway ($29.6B), Netherlands ($18.5B), Belgium ($16.1B), United States ($14.4B), and Libya ($5.13B).

The fastest growing import markets in Mineral Products for Germany between 2022 and 2023 were United States ($5.04B), United Arab Emirates ($1.8B), and Australia ($1.41B).

COMPANIES In 2023, leading companies such as RHI Magnesita (340), TE Connectivity (339), and Signify Lighting (85) were at the forefront of shipping Mineral Products from Germany to the United States.

Latest Trends

Dec 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 Mineral Products. 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 (2023)$37.8B
IMPORTS (2023)$137B
NET TRADE (2023)-$98.8B

In 2023, Germany exported $37.8B in Mineral Products. The main destinations of Germany exports on Mineral Products were Netherlands ($6.24B), Austria ($5.79B), Switzerland ($5.51B), Poland ($3.91B), and Czechia ($3.15B).

In 2023, Germany imported $137B in Mineral Products, mainly from Norway ($29.6B), Netherlands ($18.5B), Belgium ($16.1B), United States ($14.4B), and Libya ($5.13B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Mineral Products EXPORT MARKETS FOR Germany WERE (2022 - 2023):
Ukraine$173M (60%)
Hungary$38.9M (12.3%)
Romania$38.2M (27.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral Products BY Germany WERE (2022 - 2023):
Switzerland-$5.45B (-49.7%)
France-$4.49B (-63.3%)
Austria-$3.44B (-37.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Germany's main exporting competitors in Mineral Products were:
In 2023, Germany's main importing competitors in Mineral Products were:

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Trade Value of Mineral Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $2.99B
TOP IMPORT POTENTIALBelgium+ $4.03B

Mineral Products’s highest export potential is France. With an export gap of $2.99B.   Mineral Products’s highest import potential is Belgium with an import gap of $4.03B.

See methodology.

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