HS Icon Petroleum Resins in  Flag Germany

2021
Exports | Imports
: $1.2B | $510M, World Rnk 1 / 113
Flag Rnk 247 / 1215 | World Rnk 3 / 198
Flag Rnk 413 / 1213

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $41.4M | $16.4M, Italy |  Japan

2021
ECONOMIC COMPLEXITY of Germany
: 1.81, Rnk 5 / 131

2021
PRODUCT COMPLEXITY IN Petroleum Resins
: 1.49, Rnk 53 / 1029

Exports In 2021, Germany exported $1.2B in Petroleum Resins, making it the 1st largest exporter of Petroleum Resins in the world. At the same year, Petroleum Resins was the 247th most exported product in Germany. The main destination of Petroleum Resins exports from Germany are: Italy ($141M), United States ($129M), China ($100M), France ($77.5M), and Belgium ($62.4M).

The fastest growing export markets for Petroleum Resins of Germany between 2020 and 2021 were Italy ($41.4M), United States ($24.3M), and France ($18.5M).

Imports In 2021, Germany imported $510M in Petroleum Resins, becoming the 3rd largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 413th most imported product in Germany. Germany imports Petroleum Resins primarily from: France ($101M), Netherlands ($88M), Belgium ($64.4M), Japan ($49.5M), and South Korea ($46.4M).

The fastest growing import markets in Petroleum Resins for Germany between 2020 and 2021 were Japan ($16.4M), Italy ($12.5M), and Belgium ($12.1M).

Tariffs In 2017, the average tariff for Germany in Petroleum Resins was 2.17%. The countries with the highest import tariffs for Petroleum Resins were Western Sahara (Most Favoured Nation duty rate treatment, 5.95%), Gabon (Most Favoured Nation duty rate treatment, 5.95%), Libya (Most Favoured Nation duty rate treatment, 5.95%), Mayotte (Most Favoured Nation duty rate treatment, 5.95%), and Reunion (Most Favoured Nation duty rate treatment, 5.95%).

Mar 2023

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Petroleum Resins. 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 (2021): $1.2B

IMPORTS (2021): $510M

NET TRADE (2021): $695M

In 2021, Germany exported $1.2B in Petroleum Resins. The main destinations of Germany exports on Petroleum Resins were Italy ($141M), United States ($129M), China ($100M), France ($77.5M), and Belgium ($62.4M).

In 2021, Germany imported $510M in Petroleum Resins, mainly from France ($101M), Netherlands ($88M), Belgium ($64.4M), Japan ($49.5M), and South Korea ($46.4M).

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THE FASTEST GROWING Petroleum Resins EXPORT MARKETS FOR Germany WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Resins BY Germany WERE (2020 - 2021):

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Market Concentration

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In 2021, Germany's main exporting competitors in Petroleum Resins were:

In 2021, Germany's main importing competitors in Petroleum Resins were:

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