2022
Exports
$358MWorld Rnk 3 / 120
Flag Rnk 489 / 1216
2022
PRODUCT COMPLEXITY IN Knitting Machines
1.1Rnk 135 / 1025
2022
Imports
$40.1MWorld Rnk 14 / 191
Flag Rnk 941 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $358M in Knitting Machines, making it the 3rd largest exporter of Knitting Machines in the world. At the same year, Knitting Machines was the 489th most exported product in Germany. The main destination of Knitting Machines exports from Germany are: Turkey ($85M), Italy ($37.5M), China ($23.7M), India ($23.5M), and United States ($21.5M).

The fastest growing export markets for Knitting Machines of Germany between 2021 and 2022 were Turkey ($13.8M), Uzbekistan ($5.89M), and Mexico ($4.14M).

Imports In 2022, Germany imported $40.1M in Knitting Machines, becoming the 14th largest importer of Knitting Machines in the world. At the same year, Knitting Machines was the 941st most imported product in Germany. Germany imports Knitting Machines primarily from: China ($9.88M), Chinese Taipei ($5.31M), Italy ($4.29M), Japan ($3.85M), and Vietnam ($3.19M).

The fastest growing import markets in Knitting Machines for Germany between 2021 and 2022 were Italy ($841k), Sri Lanka ($684k), and Ukraine ($598k).

COMPANIES In 2023, leading companies such as CONTINENTAL AUTOMOTIVE SYSTEMS, INC (92) and ZF Friedrichshafen (78) were at the forefront of shipping Knitting Machines 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 Knitting Machines. 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)$358M
IMPORTS (2022)$40.1M
NET TRADE (2022)$317M

In 2022, Germany exported $358M in Knitting Machines. The main destinations of Germany exports on Knitting Machines were Turkey ($85M), Italy ($37.5M), China ($23.7M), India ($23.5M), and United States ($21.5M).

In 2022, Germany imported $40.1M in Knitting Machines, mainly from China ($9.88M), Chinese Taipei ($5.31M), Italy ($4.29M), Japan ($3.85M), and Vietnam ($3.19M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitting Machines EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Turkey$13.8M (19.3%)
Uzbekistan$5.89M (74.1%)
Mexico$4.14M (74.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machines BY Germany WERE (2021 - 2022):
China-$35.5M (-59.9%)
Canada-$6.72M (-82.5%)
Indonesia-$5.09M (-73.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Knitting Machines were:
China $1.28B
Japan $411M
In 2022, Germany's main importing competitors in Knitting Machines were:

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Trade Value of Knitting Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $5.5M
TOP IMPORT POTENTIALChina+ $4.05M

Knitting Machines’s highest export potential is India. With an export gap of $5.5M.   Knitting Machines’s highest import potential is China with an import gap of $4.05M.

See methodology.

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