2022
Exports | Imports
$7.11B | $4.86BWorld Rnk 2 / 224
Flag Rnk 39 / 1216
World Rnk 2 / 225
Flag Rnk 60 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.75Rnk 3 / 124
2022
PRODUCT COMPLEXITY IN Iron Fasteners
1.6Rnk 33 / 1025

About

Exports In 2022, Germany exported $7.11B in Iron Fasteners, making it the 2nd largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 39th most exported product in Germany. The main destination of Iron Fasteners exports from Germany are: China ($713M), United States ($546M), France ($533M), Austria ($464M), and Poland ($444M).

The fastest growing export markets for Iron Fasteners of Germany between 2021 and 2022 were United States ($18M), Belgium ($17.7M), and Turkey ($17M).

Imports In 2022, Germany imported $4.86B in Iron Fasteners, becoming the 2nd largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 60th most imported product in Germany. Germany imports Iron Fasteners primarily from: China ($700M), Italy ($628M), Chinese Taipei ($619M), Turkey ($285M), and Switzerland ($279M).

The fastest growing import markets in Iron Fasteners for Germany between 2021 and 2022 were China ($142M), Chinese Taipei ($107M), and Poland ($87.5M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH LLC (47.4k), ROBERT BOSCH TOOL CORPORATION (24.3k), and CONTINENTAL AUTOMOTIVE SYSTEMS, INC (3.47k) were at the forefront of shipping Iron Fasteners from Germany to the United States.

Latest Trends

Feb 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 Iron Fasteners. 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)$7.11B
IMPORTS (2022)$4.86B
NET TRADE (2022)$2.25B

In 2022, Germany exported $7.11B in Iron Fasteners. The main destinations of Germany exports on Iron Fasteners were China ($713M), United States ($546M), France ($533M), Austria ($464M), and Poland ($444M).

In 2022, Germany imported $4.86B in Iron Fasteners, mainly from China ($700M), Italy ($628M), Chinese Taipei ($619M), Turkey ($285M), and Switzerland ($279M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Germany WERE (2021 - 2022):
United States$18M (3.41%)
Belgium$17.7M (11%)
Turkey$17M (14.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Germany WERE (2021 - 2022):
China-$121M (-14.5%)
Russia-$68.5M (-60%)
France-$17.9M (-3.24%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Iron Fasteners were:
In 2022, Germany's main importing competitors in Iron Fasteners were:

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Trade Value of Iron Fasteners by Exporters

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