2022
Exports
$224MWorld Rnk 7 / 126
Flag Rnk 597 / 1216
2022
PRODUCT COMPLEXITY IN Iron Railway Products
0.37Rnk 418 / 1025
2022
Imports
$452MWorld Rnk 1 / 203
Flag Rnk 455 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $224M in Iron Railway Products, making it the 7th largest exporter of Iron Railway Products in the world. At the same year, Iron Railway Products was the 597th most exported product in Germany. The main destination of Iron Railway Products exports from Germany are: Italy ($25.9M), Denmark ($23.6M), Netherlands ($19.9M), Switzerland ($13.8M), and United Kingdom ($10.9M).

The fastest growing export markets for Iron Railway Products of Germany between 2021 and 2022 were Denmark ($8.82M), Netherlands ($5.46M), and Ukraine ($3.06M).

Imports In 2022, Germany imported $452M in Iron Railway Products, becoming the 1st largest importer of Iron Railway Products in the world. At the same year, Iron Railway Products was the 455th most imported product in Germany. Germany imports Iron Railway Products primarily from: Austria ($178M), Poland ($105M), Czechia ($87.1M), Luxembourg ($19.3M), and Spain ($10.8M).

The fastest growing import markets in Iron Railway Products for Germany between 2021 and 2022 were Austria ($40.4M), Czechia ($35.6M), and Netherlands ($4.13M).

COMPANIES In 2023, leading companies such as Trumpf (7), Mahle Behr (3), and GE RENEWABLES NORTH AMERICA LLC (2) were at the forefront of shipping Iron Railway Products 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 Iron Railway Products. 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)$224M
IMPORTS (2022)$452M
NET TRADE (2022)-$228M

In 2022, Germany exported $224M in Iron Railway Products. The main destinations of Germany exports on Iron Railway Products were Italy ($25.9M), Denmark ($23.6M), Netherlands ($19.9M), Switzerland ($13.8M), and United Kingdom ($10.9M).

In 2022, Germany imported $452M in Iron Railway Products, mainly from Austria ($178M), Poland ($105M), Czechia ($87.1M), Luxembourg ($19.3M), and Spain ($10.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Railway Products EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Denmark$8.82M (59.7%)
Netherlands$5.46M (37.7%)
Ukraine$3.06M (195%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Railway Products BY Germany WERE (2021 - 2022):
United Arab Emirates-$4.26M (-90.1%)
China-$2.3M (-19.1%)
Chinese Taipei-$2.05M (-86.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Railway Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $4.61M
TOP IMPORT POTENTIALFrance+ $7.69M

Iron Railway Products’s highest export potential is France. With an export gap of $4.61M.   Iron Railway Products’s highest import potential is France with an import gap of $7.69M.

See methodology.

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