2022
Exports
$566MWorld Rnk 3 / 156
Flag Rnk 405 / 1216
2022
PRODUCT COMPLEXITY IN Iron Wire
-0.35Rnk 661 / 1025
2022
Imports
$877MWorld Rnk 2 / 216
Flag Rnk 289 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $566M in Iron Wire, making it the 3rd largest exporter of Iron Wire in the world. At the same year, Iron Wire was the 405th most exported product in Germany. The main destination of Iron Wire exports from Germany are: Poland ($66.8M), Austria ($62.4M), France ($53.3M), Switzerland ($48.4M), and Netherlands ($46.2M).

The fastest growing export markets for Iron Wire of Germany between 2021 and 2022 were Switzerland ($9.91M), United States ($8.29M), and United Kingdom ($6.93M).

Imports In 2022, Germany imported $877M in Iron Wire, becoming the 2nd largest importer of Iron Wire in the world. At the same year, Iron Wire was the 289th most imported product in Germany. Germany imports Iron Wire primarily from: Italy ($182M), Netherlands ($131M), Czechia ($125M), Slovakia ($75.8M), and France ($59.8M).

The fastest growing import markets in Iron Wire for Germany between 2021 and 2022 were Netherlands ($49.9M), Czechia ($24.1M), and Belgium ($22.3M).

COMPANIES In 2023, leading companies such as Pirelli Tires (1) were at the forefront of shipping Iron Wire from Germany to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Wire. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$566M
IMPORTS (2022)$877M
NET TRADE (2022)-$311M

In 2022, Germany exported $566M in Iron Wire. The main destinations of Germany exports on Iron Wire were Poland ($66.8M), Austria ($62.4M), France ($53.3M), Switzerland ($48.4M), and Netherlands ($46.2M).

In 2022, Germany imported $877M in Iron Wire, mainly from Italy ($182M), Netherlands ($131M), Czechia ($125M), Slovakia ($75.8M), and France ($59.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Wire EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Switzerland$9.91M (25.8%)
United States$8.29M (26.5%)
United Kingdom$6.93M (56.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Wire BY Germany WERE (2021 - 2022):
Poland-$8.25M (-11%)
Russia-$2.65M (-78.4%)
Brazil-$2.57M (-60%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Germany's main exporting competitors in Iron Wire were:
China $3.4B
Italy $994M
In 2022, Germany's main importing competitors in Iron Wire were:

Explore Visualizations

Trade Value of Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $21.2M
TOP IMPORT POTENTIALChina+ $33.3M

Iron Wire’s highest export potential is France. With an export gap of $21.2M.   Iron Wire’s highest import potential is China with an import gap of $33.3M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with