2022
Exports
$731MWorld Rnk 3 / 145
Flag Rnk 348 / 1216
2022
PRODUCT COMPLEXITY IN Carboxylic Acids
0.82Rnk 239 / 1025
2022
Imports
$898MWorld Rnk 2 / 203
Flag Rnk 281 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $731M in Carboxylic Acids, making it the 3rd largest exporter of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 348th most exported product in Germany. The main destination of Carboxylic Acids exports from Germany are: France ($75.6M), United Kingdom ($69.4M), Netherlands ($60M), Italy ($57M), and United States ($56.6M).

The fastest growing export markets for Carboxylic Acids of Germany between 2021 and 2022 were Italy ($20.9M), France ($14.1M), and Netherlands ($12.8M).

Imports In 2022, Germany imported $898M in Carboxylic Acids, becoming the 2nd largest importer of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 281st most imported product in Germany. Germany imports Carboxylic Acids primarily from: China ($223M), Austria ($141M), Italy ($85.8M), Belgium ($84.5M), and Netherlands ($83.2M).

The fastest growing import markets in Carboxylic Acids for Germany between 2021 and 2022 were China ($83.9M), Austria ($34.1M), and Belgium ($21.4M).

COMPANIES In 2023, leading companies such as Red Bull (16) and Volkswagen (4) were at the forefront of shipping Carboxylic Acids from Germany to the United States.

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 Carboxylic Acids. 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)$731M
IMPORTS (2022)$898M
NET TRADE (2022)-$168M

In 2022, Germany exported $731M in Carboxylic Acids. The main destinations of Germany exports on Carboxylic Acids were France ($75.6M), United Kingdom ($69.4M), Netherlands ($60M), Italy ($57M), and United States ($56.6M).

In 2022, Germany imported $898M in Carboxylic Acids, mainly from China ($223M), Austria ($141M), Italy ($85.8M), Belgium ($84.5M), and Netherlands ($83.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carboxylic Acids EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Italy$20.9M (58%)
France$14.1M (23%)
Netherlands$12.8M (27.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carboxylic Acids BY Germany WERE (2021 - 2022):
China-$8.26M (-29%)
Denmark-$3.44M (-36.2%)
Peru-$1M (-40.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Carboxylic Acids were:
China $5.45B
India $776M
In 2022, Germany's main importing competitors in Carboxylic Acids were:

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Trade Value of Carboxylic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $22.7M
TOP IMPORT POTENTIALChina+ $40.1M

Carboxylic Acids’s highest export potential is United States. With an export gap of $22.7M.   Carboxylic Acids’s highest import potential is China with an import gap of $40.1M.

See methodology.

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