2022
Exports
$10BWorld Rnk 4 / 222
Flag Rnk 27 / 1216
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$15.4BWorld Rnk 2 / 225
Flag Rnk 14 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $10B in Insulated Wire, making it the 4th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 27th most exported product in Germany. The main destination of Insulated Wire exports from Germany are: Czechia ($860M), China ($738M), Netherlands ($633M), United States ($621M), and Poland ($616M).

The fastest growing export markets for Insulated Wire of Germany between 2021 and 2022 were Turkey ($46.4M), United States ($41.7M), and Czechia ($41.2M).

Imports In 2022, Germany imported $15.4B in Insulated Wire, becoming the 2nd largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 14th most imported product in Germany. Germany imports Insulated Wire primarily from: Czechia ($1.82B), Romania ($1.38B), Tunisia ($1.29B), Poland ($1.27B), and Italy ($1.22B).

The fastest growing import markets in Insulated Wire for Germany between 2021 and 2022 were Morocco ($111M), Tunisia ($94.4M), and Turkey ($91.3M).

COMPANIES In 2023, leading companies such as Magna International (100), Mahle Behr (32), and Stihl (31) were at the forefront of shipping Insulated Wire 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 Insulated Wire. 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)$10B
IMPORTS (2022)$15.4B
NET TRADE (2022)-$5.38B

In 2022, Germany exported $10B in Insulated Wire. The main destinations of Germany exports on Insulated Wire were Czechia ($860M), China ($738M), Netherlands ($633M), United States ($621M), and Poland ($616M).

In 2022, Germany imported $15.4B in Insulated Wire, mainly from Czechia ($1.82B), Romania ($1.38B), Tunisia ($1.29B), Poland ($1.27B), and Italy ($1.22B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Turkey$46.4M (49.3%)
United States$41.7M (7.21%)
Czechia$41.2M (5.03%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Germany WERE (2021 - 2022):
Russia-$121M (-75.7%)
United Kingdom-$88.9M (-18.7%)
Finland-$18.3M (-12.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Insulated Wire were:
In 2022, Germany's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $356M
TOP IMPORT POTENTIALChina+ $546M

Insulated Wire’s highest export potential is United States. With an export gap of $356M.   Insulated Wire’s highest import potential is China with an import gap of $546M.

See methodology.

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