2023
Exports
$225BWorld Rnk 3 / 226
Flag Rnk 3 / 21
2023
PRODUCT COMPLEXITY IN Chemical Products
2.31Rnk 1 / 1025
2023
Imports
$163BWorld Rnk 3 / 226
Flag Rnk 3 / 21
2023
ECONOMIC COMPLEXITY of Germany
1.79Rnk 5 / 132

About

Exports In 2023, Germany exported $225B in Chemical Products, making it the 3rd largest exporter of Chemical Products in the world. At the same year, Chemical Products was the 3rd most exported product in Germany. The main destination of Chemical Products exports from Germany are: United States ($30.4B), Netherlands ($17.5B), France ($15B), Switzerland ($14B), and Italy ($14B).

The fastest growing export markets for Chemical Products of Germany between 2022 and 2023 were United States ($632M), India ($519M), and Austria ($342M).

Imports In 2023, Germany imported $163B in Chemical Products, becoming the 3rd largest importer of Chemical Products in the world. At the same year, Chemical Products was the 3rd most imported product in Germany. Germany imports Chemical Products primarily from: Ireland ($18.7B), United States ($18.4B), Switzerland ($18.3B), Netherlands ($17B), and Belgium ($12.5B).

The fastest growing import markets in Chemical Products for Germany between 2022 and 2023 were United States ($1.89B), Switzerland ($618M), and Canada ($260M).

COMPANIES In 2023, leading companies such as Red Bull (857), ZF Friedrichshafen (532), and Volkswagen (412) were at the forefront of shipping Chemical Products from Germany to the United States.

Latest Trends

Dec 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 Chemical Products. 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 (2023)$225B
IMPORTS (2023)$163B
NET TRADE (2023)$62.6B

In 2023, Germany exported $225B in Chemical Products. The main destinations of Germany exports on Chemical Products were United States ($30.4B), Netherlands ($17.5B), France ($15B), Switzerland ($14B), and Italy ($14B).

In 2023, Germany imported $163B in Chemical Products, mainly from Ireland ($18.7B), United States ($18.4B), Switzerland ($18.3B), Netherlands ($17B), and Belgium ($12.5B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chemical Products EXPORT MARKETS FOR Germany WERE (2022 - 2023):
United States$632M (2.12%)
India$519M (30.9%)
Austria$342M (5.52%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Products BY Germany WERE (2022 - 2023):
Italy-$3.64B (-20.7%)
United Kingdom-$2.41B (-23.1%)
Belgium-$2.29B (-16.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Germany's main exporting competitors in Chemical Products were:
In 2023, Germany's main importing competitors in Chemical Products were:

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Trade Value of Chemical Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $5.95B
TOP IMPORT POTENTIALBelgium+ $6.53B

Chemical Products’s highest export potential is France. With an export gap of $5.95B.   Chemical Products’s highest import potential is Belgium with an import gap of $6.53B.

See methodology.

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