2022
Exports
$6.36BWorld Rnk 2 / 218
Flag Rnk 44 / 1216
2022
PRODUCT COMPLEXITY IN Electrical Power Accessories
0.91Rnk 204 / 1025
2022
Imports
$3.31BWorld Rnk 4 / 225
Flag Rnk 95 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $6.36B in Electrical Power Accessories, making it the 2nd largest exporter of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 44th most exported product in Germany. The main destination of Electrical Power Accessories exports from Germany are: China ($881M), Czechia ($475M), United States ($426M), Romania ($398M), and Italy ($385M).

The fastest growing export markets for Electrical Power Accessories of Germany between 2021 and 2022 were China ($59M), United States ($38M), and France ($21.7M).

Imports In 2022, Germany imported $3.31B in Electrical Power Accessories, becoming the 4th largest importer of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 95th most imported product in Germany. Germany imports Electrical Power Accessories primarily from: Czechia ($423M), China ($388M), Hungary ($374M), Switzerland ($267M), and Bulgaria ($227M).

The fastest growing import markets in Electrical Power Accessories for Germany between 2021 and 2022 were China ($57.2M), Bulgaria ($50M), and Netherlands ($25M).

COMPANIES In 2023, leading companies such as Robert Bosch (224), Volkswagen (24), and Magna International (16) were at the forefront of shipping Electrical Power Accessories 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 Electrical Power Accessories. 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)$6.36B
IMPORTS (2022)$3.31B
NET TRADE (2022)$3.04B

In 2022, Germany exported $6.36B in Electrical Power Accessories. The main destinations of Germany exports on Electrical Power Accessories were China ($881M), Czechia ($475M), United States ($426M), Romania ($398M), and Italy ($385M).

In 2022, Germany imported $3.31B in Electrical Power Accessories, mainly from Czechia ($423M), China ($388M), Hungary ($374M), Switzerland ($267M), and Bulgaria ($227M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Power Accessories EXPORT MARKETS FOR Germany WERE (2021 - 2022):
China$59M (7.18%)
United States$38M (9.79%)
France$21.7M (9.28%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Power Accessories BY Germany WERE (2021 - 2022):
Russia-$61.7M (-67.9%)
Czechia-$34.5M (-6.78%)
Egypt-$15M (-71.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Electrical Power Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $143M
TOP IMPORT POTENTIALFrance+ $109M

Electrical Power Accessories’s highest export potential is France. With an export gap of $143M.   Electrical Power Accessories’s highest import potential is France with an import gap of $109M.

See methodology.

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