2022
Exports
$6.14BWorld Rnk 7 / 192
Flag Rnk 47 / 1216
2022
PRODUCT COMPLEXITY IN Gas Turbines
0.71Rnk 270 / 1025
2022
Imports
$9.05BWorld Rnk 4 / 207
Flag Rnk 23 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $6.14B in Gas Turbines, making it the 7th largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 47th most exported product in Germany. The main destination of Gas Turbines exports from Germany are: United States ($1.59B), China ($583M), United Kingdom ($433M), Canada ($358M), and Poland ($284M).

The fastest growing export markets for Gas Turbines of Germany between 2021 and 2022 were China ($422M), United States ($170M), and Singapore ($102M).

Imports In 2022, Germany imported $9.05B in Gas Turbines, becoming the 4th largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 23rd most imported product in Germany. Germany imports Gas Turbines primarily from: United States ($2.94B), United Kingdom ($2.36B), France ($1.06B), Canada ($373M), and Italy ($248M).

The fastest growing import markets in Gas Turbines for Germany between 2021 and 2022 were United Kingdom ($518M), United States ($294M), and France ($105M).

COMPANIES In 2023, leading companies such as BOEING (12), Team Hardinger (1), and Trumpf (1) were at the forefront of shipping Gas Turbines 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 Gas Turbines. 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)$6.14B
IMPORTS (2022)$9.05B
NET TRADE (2022)-$2.91B

In 2022, Germany exported $6.14B in Gas Turbines. The main destinations of Germany exports on Gas Turbines were United States ($1.59B), China ($583M), United Kingdom ($433M), Canada ($358M), and Poland ($284M).

In 2022, Germany imported $9.05B in Gas Turbines, mainly from United States ($2.94B), United Kingdom ($2.36B), France ($1.06B), Canada ($373M), and Italy ($248M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Germany WERE (2021 - 2022):
China$422M (263%)
United States$170M (11.9%)
Singapore$102M (170%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Germany WERE (2021 - 2022):
France-$371M (-58.7%)
United Kingdom-$223M (-34%)
India-$150M (-84.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Gas Turbines were:
In 2022, Germany's main importing competitors in Gas Turbines were:

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Trade Value of Gas Turbines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $230M
TOP IMPORT POTENTIALFrance+ $487M

Gas Turbines’s highest export potential is France. With an export gap of $230M.   Gas Turbines’s highest import potential is France with an import gap of $487M.

See methodology.

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