HS Icon Musical instruments; parts and accessories of such articles in  Flag Germany

2020
Exports | Imports
: $722M | $739M, World Rnk 2 / 192
Flag Rnk 77 / 96 | World Rnk 2 / 218
Flag Rnk 77 / 96

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $10.2M | $13M, Switzerland |  China

2020
ECONOMIC COMPLEXITY of Germany
: 1.88, Rnk 4 / 127

2020
PRODUCT COMPLEXITY  IN Musical instruments; parts and accessories of such articles
: 1.38, Rnk 81 / 1029

Exports In 2020, Germany exported $722M in Musical instruments; parts and accessories of such articles, making it the 2nd largest exporter of Musical instruments; parts and accessories of such articles in the world. At the same year, Musical instruments; parts and accessories of such articles was the 77th most exported product in Germany. The main destination of Musical instruments; parts and accessories of such articles exports from Germany are: France ($72.1M), United States ($65.6M), China ($61.3M), Switzerland ($51.6M), and United Kingdom ($50.5M).

The fastest growing export markets for Musical instruments; parts and accessories of such articles of Germany between 2019 and 2020 were Switzerland ($10.2M), United Kingdom ($7.19M), and Spain ($4.53M).

Imports In 2020, Germany imported $739M in Musical instruments; parts and accessories of such articles, becoming the 2nd largest importer of Musical instruments; parts and accessories of such articles in the world. At the same year, Musical instruments; parts and accessories of such articles was the 77th most imported product in Germany. Germany imports Musical instruments; parts and accessories of such articles primarily from: China ($209M), Indonesia ($85.1M), Netherlands ($68.2M), United States ($66M), and Japan ($47.7M).

The fastest growing import markets in Musical instruments; parts and accessories of such articles for Germany between 2019 and 2020 were China ($13M), Austria ($7.48M), and Poland ($5.85M).

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Subnational Monthly Trade

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The following visualization shows the latest trends on Musical instruments; parts and accessories of such articles. 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

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EXPORTS (2020): $722M

IMPORTS (2020): $739M

NET TRADE (2020): -$16.7M

In 2020, Germany exported $722M in Musical instruments; parts and accessories of such articles. The main destinations of Germany exports on Musical instruments; parts and accessories of such articles were France ($72.1M), United States ($65.6M), China ($61.3M), Switzerland ($51.6M), and United Kingdom ($50.5M).

In 2020, Germany imported $739M in Musical instruments; parts and accessories of such articles, mainly from China ($209M), Indonesia ($85.1M), Netherlands ($68.2M), United States ($66M), and Japan ($47.7M).

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THE FASTEST GROWING Musical instruments; parts and accessories of such articles EXPORT MARKETS FOR Germany WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Musical instruments; parts and accessories of such articles BY Germany WERE (2019 - 2020):

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Market Concentration

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In 2020, Germany's main exporting competitors in Musical instruments; parts and accessories of such articles were:

In 2020, Germany's main importing competitors in Musical instruments; parts and accessories of such articles were:

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