2022
Exports
$237MWorld Rnk 5 / 188
Flag Rnk 581 / 1216
2022
PRODUCT COMPLEXITY IN Electrical Parts
-1.06Rnk 849 / 1025
2022
Imports
$322MWorld Rnk 6 / 212
Flag Rnk 526 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $237M in Electrical Parts, making it the 5th largest exporter of Electrical Parts in the world. At the same year, Electrical Parts was the 581st most exported product in Germany. The main destination of Electrical Parts exports from Germany are: Netherlands ($30.7M), Italy ($20.1M), France ($16M), Austria ($15.7M), and United States ($13.5M).

The fastest growing export markets for Electrical Parts of Germany between 2021 and 2022 were Netherlands ($10.7M), Turkey ($2.91M), and Mexico ($2.1M).

Imports In 2022, Germany imported $322M in Electrical Parts, becoming the 6th largest importer of Electrical Parts in the world. At the same year, Electrical Parts was the 526th most imported product in Germany. Germany imports Electrical Parts primarily from: China ($73.6M), Japan ($64.8M), Hungary ($33.5M), Chinese Taipei ($32.5M), and Netherlands ($25.1M).

The fastest growing import markets in Electrical Parts for Germany between 2021 and 2022 were Hungary ($27.3M), Netherlands ($4.45M), and Austria ($3.91M).

Latest Trends

Sep 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 Electrical Parts. 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)$237M
IMPORTS (2022)$322M
NET TRADE (2022)-$84.7M

In 2022, Germany exported $237M in Electrical Parts. The main destinations of Germany exports on Electrical Parts were Netherlands ($30.7M), Italy ($20.1M), France ($16M), Austria ($15.7M), and United States ($13.5M).

In 2022, Germany imported $322M in Electrical Parts, mainly from China ($73.6M), Japan ($64.8M), Hungary ($33.5M), Chinese Taipei ($32.5M), and Netherlands ($25.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Parts EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Netherlands$10.7M (53.3%)
Turkey$2.91M (103%)
Mexico$2.1M (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Parts BY Germany WERE (2021 - 2022):
Hungary-$29.9M (-71.8%)
Poland-$19.2M (-62.2%)
Austria-$8.1M (-34%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Electrical Parts were:
In 2022, Germany's main importing competitors in Electrical Parts were:

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Trade Value of Electrical Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.75M
TOP IMPORT POTENTIALNetherlands+ $6.19M

Electrical Parts’s highest export potential is China. With an export gap of $6.75M.   Electrical Parts’s highest import potential is Netherlands with an import gap of $6.19M.

See methodology.

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