2022
Exports
$601MWorld Rnk 3 / 91
Flag Rnk 392 / 1216
2022
PRODUCT COMPLEXITY IN Steel Bars
0.58Rnk 331 / 1025
2022
Imports
$427MWorld Rnk 2 / 169
Flag Rnk 471 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $601M in Steel Bars, making it the 3rd largest exporter of Steel Bars in the world. At the same year, Steel Bars was the 392nd most exported product in Germany. The main destination of Steel Bars exports from Germany are: Italy ($140M), United States ($107M), France ($64.1M), Luxembourg ($41.5M), and Czechia ($38.4M).

The fastest growing export markets for Steel Bars of Germany between 2021 and 2022 were United States ($58.1M), Canada ($5.78M), and France ($4.75M).

Imports In 2022, Germany imported $427M in Steel Bars, becoming the 2nd largest importer of Steel Bars in the world. At the same year, Steel Bars was the 471st most imported product in Germany. Germany imports Steel Bars primarily from: Austria ($147M), Italy ($89M), Czechia ($46.8M), Spain ($41.2M), and Netherlands ($36.8M).

The fastest growing import markets in Steel Bars for Germany between 2021 and 2022 were Austria ($19.8M), Czechia ($9.32M), and Netherlands ($5.66M).

Latest Trends

Jul 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 Steel Bars. 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)$601M
IMPORTS (2022)$427M
NET TRADE (2022)$174M

In 2022, Germany exported $601M in Steel Bars. The main destinations of Germany exports on Steel Bars were Italy ($140M), United States ($107M), France ($64.1M), Luxembourg ($41.5M), and Czechia ($38.4M).

In 2022, Germany imported $427M in Steel Bars, mainly from Austria ($147M), Italy ($89M), Czechia ($46.8M), Spain ($41.2M), and Netherlands ($36.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Bars EXPORT MARKETS FOR Germany WERE (2021 - 2022):
United States$58.1M (120%)
Canada$5.78M (8.3k%)
France$4.75M (7.99%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Bars BY Germany WERE (2021 - 2022):
Italy-$23.5M (-14.3%)
Luxembourg-$12.3M (-22.8%)
China-$8.36M (-44.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Steel Bars were:
China $915M
Japan $657M
In 2022, Germany's main importing competitors in Steel Bars were:

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Trade Value of Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $11.1M
TOP IMPORT POTENTIALFrance+ $6.74M

Steel Bars’s highest export potential is France. With an export gap of $11.1M.   Steel Bars’s highest import potential is France with an import gap of $6.74M.

See methodology.

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