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Exports In 2022, Germany exported $1.18B in Tools for drilling, other than for rock drilling, making it the 2nd largest exporter of Tools for drilling, other than for rock drilling in the world. At the same year, Tools for drilling, other than for rock drilling was the 270th most exported product in Germany. The main destination of Tools for drilling, other than for rock drilling exports from Germany are: Switzerland ($188M), United States ($133M), France ($79.8M), Italy ($73.9M), and Slovenia ($70.4M).

The fastest growing export markets for Tools for drilling, other than for rock drilling of Germany between 2021 and 2022 were Slovenia ($35.4M), United States ($15.8M), and Australia ($2.52M).

Imports In 2022, Germany imported $648M in Tools for drilling, other than for rock drilling, becoming the 1st largest importer of Tools for drilling, other than for rock drilling in the world. At the same year, Tools for drilling, other than for rock drilling was the 405th most imported product in Germany. Germany imports Tools for drilling, other than for rock drilling primarily from: China ($173M), Switzerland ($126M), Slovenia ($65.8M), Czechia ($46.1M), and Austria ($43.9M).

The fastest growing import markets in Tools for drilling, other than for rock drilling for Germany between 2021 and 2022 were Austria ($15.3M), Slovenia ($6.55M), and Denmark ($2.04M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (22k), Robert Bosch (15.9k), and General Motors (9.39k) were at the forefront of shipping Tools for drilling, other than for rock drilling from Germany to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Tools for drilling, other than for rock drilling. 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)$1.18B
IMPORTS (2022)$648M
NET TRADE (2022)$529M

In 2022, Germany exported $1.18B in Tools for drilling, other than for rock drilling. The main destinations of Germany exports on Tools for drilling, other than for rock drilling were Switzerland ($188M), United States ($133M), France ($79.8M), Italy ($73.9M), and Slovenia ($70.4M).

In 2022, Germany imported $648M in Tools for drilling, other than for rock drilling, mainly from China ($173M), Switzerland ($126M), Slovenia ($65.8M), Czechia ($46.1M), and Austria ($43.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tools for drilling, other than for rock drilling EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Slovenia$35.4M (101%)
United States$15.8M (13.5%)
Australia$2.52M (26.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tools for drilling, other than for rock drilling BY Germany WERE (2021 - 2022):
Switzerland-$45.5M (-19.5%)
Czechia-$26.9M (-30.2%)
Netherlands-$11.6M (-21.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Germany's main exporting competitors in Tools for drilling, other than for rock drilling were:
In 2022, Germany's main importing competitors in Tools for drilling, other than for rock drilling were:

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Trade Value of Tools for drilling, other than for rock drilling by Exporters

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