2022
Exports
$1.93BWorld Rnk 2 / 169
Flag Rnk 174 / 1216
2022
PRODUCT COMPLEXITY IN Cranes
0.76Rnk 258 / 1025
2022
Imports
$729MWorld Rnk 2 / 215
Flag Rnk 332 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $1.93B in Cranes, making it the 2nd largest exporter of Cranes in the world. At the same year, Cranes was the 174th most exported product in Germany. The main destination of Cranes exports from Germany are: United States ($259M), Netherlands ($195M), Belgium ($130M), France ($110M), and Austria ($110M).

The fastest growing export markets for Cranes of Germany between 2021 and 2022 were Turkey ($37.7M), Italy ($29.5M), and Indonesia ($19.4M).

Imports In 2022, Germany imported $729M in Cranes, becoming the 2nd largest importer of Cranes in the world. At the same year, Cranes was the 332nd most imported product in Germany. Germany imports Cranes primarily from: Italy ($135M), Austria ($134M), Spain ($98.5M), France ($53.1M), and Slovenia ($44.3M).

The fastest growing import markets in Cranes for Germany between 2021 and 2022 were Finland ($19.6M), Slovenia ($18.9M), and Denmark ($8.9M).

COMPANIES In 2023, leading companies such as Continental Tire (54), Trumpf (18), and ABB Motors and Mechanical (17) were at the forefront of shipping Cranes from Germany to the United States.

Latest Trends

Oct 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 Cranes. 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)$1.93B
IMPORTS (2022)$729M
NET TRADE (2022)$1.2B

In 2022, Germany exported $1.93B in Cranes. The main destinations of Germany exports on Cranes were United States ($259M), Netherlands ($195M), Belgium ($130M), France ($110M), and Austria ($110M).

In 2022, Germany imported $729M in Cranes, mainly from Italy ($135M), Austria ($134M), Spain ($98.5M), France ($53.1M), and Slovenia ($44.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cranes EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Turkey$37.7M (376%)
Italy$29.5M (50.9%)
Indonesia$19.4M (744%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cranes BY Germany WERE (2021 - 2022):
Russia-$75.4M (-81.6%)
United States-$48.3M (-15.7%)
Philippines-$38.2M (-97.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Cranes were:
China $4.1B
Italy $1.28B
In 2022, Germany's main importing competitors in Cranes were:

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Trade Value of Cranes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $45.7M
TOP IMPORT POTENTIALFrance+ $22.9M

Cranes’s highest export potential is France. With an export gap of $45.7M.   Cranes’s highest import potential is France with an import gap of $22.9M.

See methodology.

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