2023
Exports
$95.3MWorld Rnk 2 / 124
Flag Rnk 762 / 1215
2023
PRODUCT COMPLEXITY IN Hydraulic Turbines
0.029Rnk 550 / 1025
2023
Imports
$29.2MWorld Rnk 10 / 196
Flag Rnk 967 / 1215
2023
ECONOMIC COMPLEXITY of Germany
1.79Rnk 5 / 132

About

Exports In 2023, Germany exported $95.3M in Hydraulic Turbines, making it the 2nd largest exporter of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 762nd most exported product in Germany. The main destination of Hydraulic Turbines exports from Germany are: United Kingdom ($11.5M), United Arab Emirates ($11.2M), Mexico ($6.2M), France ($6.04M), and Austria ($5.49M).

The fastest growing export markets for Hydraulic Turbines of Germany between 2022 and 2023 were United Kingdom ($10.2M), Mexico ($6.2M), and Philippines ($4.34M).

Imports In 2023, Germany imported $29.2M in Hydraulic Turbines, becoming the 10th largest importer of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 967th most imported product in Germany. Germany imports Hydraulic Turbines primarily from: China ($5.86M), Turkey ($4.7M), Italy ($3.84M), Slovenia ($3.01M), and Austria ($2.6M).

The fastest growing import markets in Hydraulic Turbines for Germany between 2022 and 2023 were Turkey ($2.2M), China ($2.12M), and Italy ($1.65M).

COMPANIES In 2023, leading companies such as John Deere (14), Danfoss (9), and Vestas (6) were at the forefront of shipping Hydraulic Turbines from Germany to the United States.

Latest Trends

Dec 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 Hydraulic 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 (2023)$95.3M
IMPORTS (2023)$29.2M
NET TRADE (2023)$66M

In 2023, Germany exported $95.3M in Hydraulic Turbines. The main destinations of Germany exports on Hydraulic Turbines were United Kingdom ($11.5M), United Arab Emirates ($11.2M), Mexico ($6.2M), France ($6.04M), and Austria ($5.49M).

In 2023, Germany imported $29.2M in Hydraulic Turbines, mainly from China ($5.86M), Turkey ($4.7M), Italy ($3.84M), Slovenia ($3.01M), and Austria ($2.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydraulic Turbines EXPORT MARKETS FOR Germany WERE (2022 - 2023):
United Kingdom$10.2M (774%)
Mexico$6.2M (1%)
Philippines$4.34M (1.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydraulic Turbines BY Germany WERE (2022 - 2023):
Chinese Taipei-$4.36M (-44.8%)
Angola-$3.4M (-99.8%)
Switzerland-$2.97M (-51.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Germany's main exporting competitors in Hydraulic Turbines were:
China $297M
Italy $78.4M
In 2023, Germany's main importing competitors in Hydraulic Turbines were:

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Trade Value of Hydraulic Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.52M
TOP IMPORT POTENTIALAustria+ $2M

Hydraulic Turbines’s highest export potential is France. With an export gap of $1.52M.   Hydraulic Turbines’s highest import potential is Austria with an import gap of $2M.

See methodology.

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