2023
Exports
$80.3BWorld Rnk 3 / 226
Flag Rnk 6 / 21
2023
PRODUCT COMPLEXITY IN Instruments
1.85Rnk 9 / 1025
2023
Imports
$50.9BWorld Rnk 3 / 226
Flag Rnk 8 / 21
2023
ECONOMIC COMPLEXITY of Germany
1.79Rnk 5 / 132

About

Exports In 2023, Germany exported $80.3B in Instruments, making it the 3rd largest exporter of Instruments in the world. At the same year, Instruments was the 6th most exported product in Germany. The main destination of Instruments exports from Germany are: United States ($12.9B), China ($10.1B), Netherlands ($5.26B), France ($4.57B), and Italy ($4.06B).

The fastest growing export markets for Instruments of Germany between 2022 and 2023 were Netherlands ($583M), Italy ($448M), and United States ($374M).

Imports In 2023, Germany imported $50.9B in Instruments, becoming the 3rd largest importer of Instruments in the world. At the same year, Instruments was the 8th most imported product in Germany. Germany imports Instruments primarily from: United States ($8.97B), China ($5.97B), Switzerland ($5.79B), Japan ($2.94B), and France ($2.27B).

The fastest growing import markets in Instruments for Germany between 2022 and 2023 were Switzerland ($604M), Ireland ($494M), and Hungary ($299M).

COMPANIES In 2023, leading companies such as BSH Home Appliances (1.01k), Robert Bosch (784), and ZF Friedrichshafen (275) were at the forefront of shipping Instruments 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 Instruments. 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)$80.3B
IMPORTS (2023)$50.9B
NET TRADE (2023)$29.3B

In 2023, Germany exported $80.3B in Instruments. The main destinations of Germany exports on Instruments were United States ($12.9B), China ($10.1B), Netherlands ($5.26B), France ($4.57B), and Italy ($4.06B).

In 2023, Germany imported $50.9B in Instruments, mainly from United States ($8.97B), China ($5.97B), Switzerland ($5.79B), Japan ($2.94B), and France ($2.27B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Instruments EXPORT MARKETS FOR Germany WERE (2022 - 2023):
Netherlands$583M (12.5%)
Italy$448M (12.4%)
United States$374M (2.98%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Instruments BY Germany WERE (2022 - 2023):
Russia-$296M (-26.2%)
Chinese Taipei-$270M (-20.6%)
South Korea-$224M (-12.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Germany's main exporting competitors in Instruments were:
In 2023, Germany's main importing competitors in Instruments were:

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Trade Value of Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.81B
TOP IMPORT POTENTIALNetherlands+ $1.5B

Instruments’s highest export potential is France. With an export gap of $1.81B.   Instruments’s highest import potential is Netherlands with an import gap of $1.5B.

See methodology.

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