2022
Exports
$42.5MWorld Rnk 4 / 110
Flag Rnk 912 / 1216
2022
PRODUCT COMPLEXITY IN Time Switches
0.78Rnk 256 / 1025
2022
Imports
$25.1MWorld Rnk 3 / 198
Flag Rnk 1014 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $42.5M in Time Switches, making it the 4th largest exporter of Time Switches in the world. At the same year, Time Switches was the 912th most exported product in Germany. The main destination of Time Switches exports from Germany are: France ($9.46M), Italy ($4.23M), Netherlands ($3.16M), Austria ($2.76M), and Poland ($2.27M).

The fastest growing export markets for Time Switches of Germany between 2021 and 2022 were Singapore ($684k), Iran ($206k), and Latvia ($154k).

Imports In 2022, Germany imported $25.1M in Time Switches, becoming the 3rd largest importer of Time Switches in the world. At the same year, Time Switches was the 1014th most imported product in Germany. Germany imports Time Switches primarily from: China ($10.1M), Italy ($4.82M), France ($3.2M), Poland ($1.86M), and Netherlands ($798k).

The fastest growing import markets in Time Switches for Germany between 2021 and 2022 were Italy ($1.19M), India ($153k), and Hong Kong ($120k).

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 Time Switches. 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)$42.5M
IMPORTS (2022)$25.1M
NET TRADE (2022)$17.4M

In 2022, Germany exported $42.5M in Time Switches. The main destinations of Germany exports on Time Switches were France ($9.46M), Italy ($4.23M), Netherlands ($3.16M), Austria ($2.76M), and Poland ($2.27M).

In 2022, Germany imported $25.1M in Time Switches, mainly from China ($10.1M), Italy ($4.82M), France ($3.2M), Poland ($1.86M), and Netherlands ($798k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Time Switches EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Singapore$684k (126%)
Iran$206k (190%)
Latvia$154k (258%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Time Switches BY Germany WERE (2021 - 2022):
France-$6.92M (-42.3%)
Poland-$2.71M (-54.4%)
Turkey-$1.22M (-94%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Time Switches were:
In 2022, Germany's main importing competitors in Time Switches were:

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Trade Value of Time Switches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $746k
TOP IMPORT POTENTIALFrance+ $1.42M

Time Switches’s highest export potential is France. With an export gap of $746k.   Time Switches’s highest import potential is France with an import gap of $1.42M.

See methodology.

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