2022
Exports
$8.38BWorld Rnk 4 / 209
Flag Rnk 33 / 1216
2022
PRODUCT COMPLEXITY IN Electric Batteries
1.02Rnk 164 / 1025
2022
Imports
$20.3BWorld Rnk 2 / 225
Flag Rnk 11 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $8.38B in Electric Batteries, making it the 4th largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 33rd most exported product in Germany. The main destination of Electric Batteries exports from Germany are: United States ($1.56B), China ($725M), Czechia ($608M), Italy ($585M), and France ($564M).

The fastest growing export markets for Electric Batteries of Germany between 2021 and 2022 were United States ($443M), Italy ($230M), and France ($205M).

Imports In 2022, Germany imported $20.3B in Electric Batteries, becoming the 2nd largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 11th most imported product in Germany. Germany imports Electric Batteries primarily from: China ($8.08B), Poland ($4.42B), Hungary ($2.7B), Czechia ($1.29B), and South Korea ($1B).

The fastest growing import markets in Electric Batteries for Germany between 2021 and 2022 were China ($4.41B), Hungary ($1.19B), and Czechia ($597M).

COMPANIES In 2023, leading companies such as Samsung (548), Mercedes-Benz (80), and Trumpf (10) were at the forefront of shipping Electric Batteries 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 Electric Batteries. 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)$8.38B
IMPORTS (2022)$20.3B
NET TRADE (2022)-$11.9B

In 2022, Germany exported $8.38B in Electric Batteries. The main destinations of Germany exports on Electric Batteries were United States ($1.56B), China ($725M), Czechia ($608M), Italy ($585M), and France ($564M).

In 2022, Germany imported $20.3B in Electric Batteries, mainly from China ($8.08B), Poland ($4.42B), Hungary ($2.7B), Czechia ($1.29B), and South Korea ($1B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Batteries EXPORT MARKETS FOR Germany WERE (2021 - 2022):
United States$443M (39.8%)
Italy$230M (64.7%)
France$205M (57.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Batteries BY Germany WERE (2021 - 2022):
Slovakia-$352M (-64.1%)
Czechia-$195M (-24.3%)
Hungary-$135M (-34.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Electric Batteries were:
In 2022, Germany's main importing competitors in Electric Batteries were:

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Trade Value of Electric Batteries by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $242M
TOP IMPORT POTENTIALNetherlands+ $213M

Electric Batteries’s highest export potential is France. With an export gap of $242M.   Electric Batteries’s highest import potential is Netherlands with an import gap of $213M.

See methodology.

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