HS Icon Vehicle Parts in  Flag Germany

2019
Exports | Imports
: $62.9B | $41.1B, World Rnk 1 / 225
Flag Rnk 2 / 1216 | World Rnk 2 / 225
Flag Rnk 2 / 1215

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $323M | $159M, Mexico |  Belgium

2019
ECONOMIC COMPLEXITY of Germany
: 1.93, Rnk 4 / 147

2019
PRODUCT COMPLEXITY  IN Vehicle Parts
: 1.1, Rnk 141 / 1029

Exports In 2019, Germany exported $62.9B in Vehicle Parts, making it the 1st largest exporter of Vehicle Parts in the world. At the same year, Vehicle Parts was the 2nd most exported product in Germany. The main destination of Vehicle Parts exports from Germany are: China ($9.34B), United States ($5.31B), Czechia ($3.84B), United Kingdom ($3.73B), and Poland ($3.6B).

The fastest growing export markets for Vehicle Parts of Germany between 2018 and 2019 were Mexico ($323M), Hungary ($171M), and Vietnam ($46.2M).

Imports In 2019, Germany imported $41.1B in Vehicle Parts, becoming the 2nd largest importer of Vehicle Parts in the world. At the same year, Vehicle Parts was the 2nd most imported product in Germany. Germany imports Vehicle Parts primarily from: Czechia ($6.21B), Poland ($4.84B), France ($3.41B), Italy ($3.28B), and Romania ($3.12B).

The fastest growing import markets in Vehicle Parts for Germany between 2018 and 2019 were Belgium ($159M), South Korea ($39.2M), and Mexico ($38.8M).

Tariffs In 2017, the average tariff for Germany in Vehicle Parts was 1.13%. The countries with the highest import tariffs for Vehicle Parts were Western Sahara (Most Favoured Nation duty rate treatement, 3.81%), Gabon (Most Favoured Nation duty rate treatement, 3.81%), Libya (Most Favoured Nation duty rate treatement, 3.81%), Mayotte (Most Favoured Nation duty rate treatement, 3.81%), and Reunion (Most Favoured Nation duty rate treatement, 3.81%).

Historical Data

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EXPORTS (2019): $62.9B

IMPORTS (2019): $41.1B

NET TRADE (2019): $21.7B

In 2019, Germany exported $62.9B in Vehicle Parts. The main destinations of Germany exports on Vehicle Parts were China ($9.34B), United States ($5.31B), Czechia ($3.84B), United Kingdom ($3.73B), and Poland ($3.6B).

In 2019, Germany imported $41.1B in Vehicle Parts, mainly from Czechia ($6.21B), Poland ($4.84B), France ($3.41B), Italy ($3.28B), and Romania ($3.12B).

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IN 2019, Germany HAD A POSITIVE NET TRADE IN Vehicle Parts WITH:

IN 2019, Germany HAD A NEGATIVE NET TRADE IN Vehicle Parts WITH:

Flow

THE FASTEST GROWING Vehicle Parts EXPORT MARKETS FOR Germany WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicle Parts BY Germany WERE (2018 - 2019):

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Market Concentration

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Type

In 2019, Germany's main exporting competitors in Vehicle Parts were:

In 2019, Germany's main importing competitors in Vehicle Parts were:

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Tariffs by Country

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In 2017, the average tariff for Germany in Vehicle Parts was 1.13%.

The countries with the highest tariffs for Vehicle Parts in Germany were Western Sahara (Most Favoured Nation duty rate treatement, 3.81%), Gabon (Most Favoured Nation duty rate treatement, 3.81%), Libya (Most Favoured Nation duty rate treatement, 3.81%), Mayotte (Most Favoured Nation duty rate treatement, 3.81%), and Reunion (Most Favoured Nation duty rate treatement, 3.81%).