2022
Exports
$3.18BWorld Rnk 1 / 97
Flag Rnk 110 / 1216
2022
PRODUCT COMPLEXITY IN Precious Metal Compounds
1.09Rnk 139 / 1025
2022
Imports
$845MWorld Rnk 3 / 184
Flag Rnk 295 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $3.18B in Precious Metal Compounds, making it the 1st largest exporter of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 110th most exported product in Germany. The main destination of Precious Metal Compounds exports from Germany are: Sweden ($678M), South Africa ($506M), United Kingdom ($418M), Spain ($213M), and Saudi Arabia ($148M).

The fastest growing export markets for Precious Metal Compounds of Germany between 2021 and 2022 were Saudi Arabia ($142M), Canada ($42.6M), and Sweden ($29.6M).

Imports In 2022, Germany imported $845M in Precious Metal Compounds, becoming the 3rd largest importer of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 295th most imported product in Germany. Germany imports Precious Metal Compounds primarily from: Italy ($195M), United Kingdom ($189M), Brazil ($122M), Belgium ($104M), and United States ($98.4M).

The fastest growing import markets in Precious Metal Compounds for Germany between 2021 and 2022 were Switzerland ($46.4M), Italy ($37.7M), and United Kingdom ($5.99M).

Latest Trends

Oct 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 Precious Metal Compounds. 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 (2022)$3.18B
IMPORTS (2022)$845M
NET TRADE (2022)$2.33B

In 2022, Germany exported $3.18B in Precious Metal Compounds. The main destinations of Germany exports on Precious Metal Compounds were Sweden ($678M), South Africa ($506M), United Kingdom ($418M), Spain ($213M), and Saudi Arabia ($148M).

In 2022, Germany imported $845M in Precious Metal Compounds, mainly from Italy ($195M), United Kingdom ($189M), Brazil ($122M), Belgium ($104M), and United States ($98.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Compounds EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Saudi Arabia$142M (2.25k%)
Canada$42.6M (247%)
Sweden$29.6M (4.57%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Compounds BY Germany WERE (2021 - 2022):
India-$137M (-73%)
Chinese Taipei-$96M (-97.6%)
Thailand-$53.4M (-31.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Precious Metal Compounds were:
In 2022, Germany's main importing competitors in Precious Metal Compounds were:
India $1.47B
Czechia $1.07B

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Trade Value of Precious Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $47.6M
TOP IMPORT POTENTIALSwitzerland+ $22.4M

Precious Metal Compounds’s highest export potential is France. With an export gap of $47.6M.   Precious Metal Compounds’s highest import potential is Switzerland with an import gap of $22.4M.

See methodology.

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