HS Icon Non-Knit Men's Suits in  Flag Germany

2020
Exports | Imports
: $2.73B | $5.14B, World Rnk 3 / 216
Flag Rnk 104 / 1217 | World Rnk 2 / 222
Flag Rnk 41 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $231M | $89.8M, Switzerland |  Poland


ECONOMIC COMPLEXITY of Germany
: 1.88, Rnk 4 / 127


PRODUCT COMPLEXITY  IN Non-Knit Men's Suits
: -1.16, Rnk 874 / 1028

Exports In 2020, Germany exported $2.73B in Non-Knit Men's Suits, making it the 3rd largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 104th most exported product in Germany. The main destination of Non-Knit Men's Suits exports from Germany are: Switzerland ($410M), Poland ($375M), Austria ($333M), France ($307M), and Netherlands ($261M).

The fastest growing export markets for Non-Knit Men's Suits of Germany between 2019 and 2020 were Switzerland ($231M), Czechia ($4.31M), and China ($3.13M).

Imports In 2020, Germany imported $5.14B in Non-Knit Men's Suits, becoming the 2nd largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 41st most imported product in Germany. Germany imports Non-Knit Men's Suits primarily from: Bangladesh ($1.01B), Poland ($545M), Pakistan ($411M), Netherlands ($299M), and China ($281M).

The fastest growing import markets in Non-Knit Men's Suits for Germany between 2019 and 2020 were Poland ($89.8M), Tunisia ($39.3M), and Pakistan ($24.5M).

Tariffs In 2019, the average tariff for Germany in Non-Knit Men's Suits was 4.38%. The countries with the highest import tariffs for Non-Knit Men's Suits were Republic of the Congo (Most Favoured Nation duty rate treatement, 12%), Western Sahara (Most Favoured Nation duty rate treatement, 12%), Gabon (Most Favoured Nation duty rate treatement, 12%), Libya (Most Favoured Nation duty rate treatement, 12%), and Mayotte (Most Favoured Nation duty rate treatement, 12%).

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Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Non-Knit Men's Suits. 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): $2.73B

IMPORTS (2020): $5.14B

NET TRADE (2020): -$2.41B

In 2020, Germany exported $2.73B in Non-Knit Men's Suits. The main destinations of Germany exports on Non-Knit Men's Suits were Switzerland ($410M), Poland ($375M), Austria ($333M), France ($307M), and Netherlands ($261M).

In 2020, Germany imported $5.14B in Non-Knit Men's Suits, mainly from Bangladesh ($1.01B), Poland ($545M), Pakistan ($411M), Netherlands ($299M), and China ($281M).

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IN 2020, Germany HAD A POSITIVE NET TRADE IN Non-Knit Men's Suits WITH:

IN 2020, Germany HAD A NEGATIVE NET TRADE IN Non-Knit Men's Suits WITH:

Flow

THE FASTEST GROWING Non-Knit Men's Suits EXPORT MARKETS FOR Germany WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Suits BY Germany WERE (2019 - 2020):

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Market Concentration

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In 2019, Germany's main exporting competitors in Non-Knit Men's Suits were:

In 2019, Germany's main importing competitors in Non-Knit Men's Suits were:

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Tariffs by Country

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In 2019, the average tariff for Germany in Non-Knit Men's Suits was 4.38%.

The countries with the highest tariffs for Non-Knit Men's Suits in Germany were Republic of the Congo (Most Favoured Nation duty rate treatement, 12%), Western Sahara (Most Favoured Nation duty rate treatement, 12%), Gabon (Most Favoured Nation duty rate treatement, 12%), Libya (Most Favoured Nation duty rate treatement, 12%), and Mayotte (Most Favoured Nation duty rate treatement, 12%).