Machinery and appliances in Germany

EXPORTS (2019): $258B, World Rnk 2 / 225
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TOP DESTINATION (2019): $28.7B, United States

FASTEST GROWING MARKET (2018 - 2019): $249M, Denmark

IMPORTS (2019): $152B, World Rnk 2 / 225
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TOP ORIGIN (2019): $21.7B, China

FASTEST GROWING ORIGIN (2018 - 2019): $949M, United States

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

PRODUCT COMPLEXITY  IN Machinery and appliances (2019): 1.95, Rnk 3 / 96

Exports: In 2019, Germany exported $258B in Machinery and appliances, making it the 2nd largest exporter of Machinery and appliances in the world. At the same year, Machinery and appliances was the 1st most exported product in Germany. The main destination of Machinery and appliances exports from Germany are: United States ($28.7B), China ($22.6B), France ($17.6B), United Kingdom ($13B), and Poland ($11.6B).

The fastest growing export markets for Machinery and appliances of Germany between 2018 and 2019 were Denmark ($249M), Singapore ($230M), and Philippines ($170M).

Imports: In 2019, Germany imported $152B in Machinery and appliances, becoming the 2nd largest importer of Machinery and appliances in the world. At the same year, Machinery and appliances was the 1st most imported product in Germany. Germany imports Machinery and appliances primarily from: China ($21.7B), Czechia ($13B), Italy ($10.4B), France ($10.2B), and Netherlands ($10.1B).

The fastest growing import markets in Machinery and appliances for Germany between 2018 and 2019 were United States ($949M), Czechia ($643M), and Poland ($144M).

Tariffs: In 2017, the average tariff for Germany in Machinery and appliances was 0.51%. The countries with the highest import tariffs for Machinery and appliances were Western Sahara (1.72%), Gabon (1.72%), Libya (1.72%), Mayotte (1.72%), and Reunion (1.72%).

Value

EXPORTS (2019): $258B

IMPORTS (2019): $152B

NET TRADE (2019): $106B

In 2019, Germany exported $258B in Machinery and appliances. The main destinations of Germany exports on Machinery and appliances were United States ($28.7B), China ($22.6B), France ($17.6B), United Kingdom ($13B), and Poland ($11.6B).

In 2019, Germany imported $152B in Machinery and appliances, mainly from China ($21.7B), Czechia ($13B), Italy ($10.4B), France ($10.2B), and Netherlands ($10.1B).

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IN 2019, Germany HAD A POSITIVE NET TRADE IN Machinery and appliances WITH:

IN 2019, Germany HAD A NEGATIVE NET TRADE IN Machinery and appliances WITH:

Flow

THE FASTEST GROWING Machinery and appliances EXPORT MARKETS FOR Germany WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery and appliances BY Germany WERE (2018 - 2019):

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Market Concentration

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In 2018, Germany's main exporting competitors in Machinery and appliances were:

In 2018, Germany's main importing competitors in Machinery and appliances were:

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Tariffs by Country

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In 2017, the average tariff for Germany in Machinery and appliances was 0.51%.

The countries with the highest tariffs for Machinery and appliances in Germany were Western Sahara (1.72%), Gabon (1.72%), Libya (1.72%), Mayotte (1.72%), and Reunion (1.72%).

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