2023
Exports
$579MWorld Rnk 1 / 104
Flag Rnk 382 / 1215
2023
PRODUCT COMPLEXITY IN Phenols
1.59Rnk 34 / 1025
2023
Imports
$420MWorld Rnk 3 / 179
Flag Rnk 446 / 1215
2023
ECONOMIC COMPLEXITY of Germany
1.79Rnk 5 / 132

About

Exports In 2023, Germany exported $579M in Phenols, making it the 1st largest exporter of Phenols in the world. At the same year, Phenols was the 382nd most exported product in Germany. The main destination of Phenols exports from Germany are: Belgium ($122M), Netherlands ($86.1M), Poland ($83.8M), United Kingdom ($43.1M), and Switzerland ($35.7M).

The fastest growing export markets for Phenols of Germany between 2022 and 2023 were Belgium ($46.7M), Brazil ($2.08M), and United Kingdom ($2.05M).

Imports In 2023, Germany imported $420M in Phenols, becoming the 3rd largest importer of Phenols in the world. At the same year, Phenols was the 446th most imported product in Germany. Germany imports Phenols primarily from: South Korea ($75.3M), Belgium ($69.1M), United States ($53.5M), Switzerland ($41.8M), and Netherlands ($41.1M).

The fastest growing import markets in Phenols for Germany between 2022 and 2023 were South Korea ($52.8M), Spain ($4.19M), and United Kingdom ($1.33M).

COMPANIES In 2023, leading companies such as Volkswagen (85), Siemens (5), and Linak (5) were at the forefront of shipping Phenols 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 Phenols. 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)$579M
IMPORTS (2023)$420M
NET TRADE (2023)$159M

In 2023, Germany exported $579M in Phenols. The main destinations of Germany exports on Phenols were Belgium ($122M), Netherlands ($86.1M), Poland ($83.8M), United Kingdom ($43.1M), and Switzerland ($35.7M).

In 2023, Germany imported $420M in Phenols, mainly from South Korea ($75.3M), Belgium ($69.1M), United States ($53.5M), Switzerland ($41.8M), and Netherlands ($41.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Phenols EXPORT MARKETS FOR Germany WERE (2022 - 2023):
Belgium$46.7M (62.3%)
Brazil$2.08M (31.1%)
United Kingdom$2.05M (5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phenols BY Germany WERE (2022 - 2023):
Poland-$50.1M (-37.4%)
Netherlands-$30.2M (-25.9%)
Czechia-$16.1M (-62.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Germany's main exporting competitors in Phenols were:
In 2023, Germany's main importing competitors in Phenols were:
China $818M
India $612M

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Trade Value of Phenols by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $15.7M
TOP IMPORT POTENTIALFrance+ $13.4M

Phenols’s highest export potential is China. With an export gap of $15.7M.   Phenols’s highest import potential is France with an import gap of $13.4M.

See methodology.

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