2022
Exports
$39.2MWorld Rnk 6 / 163
Flag Rnk 922 / 1216
2022
PRODUCT COMPLEXITY IN Labels
-0.16Rnk 599 / 1025
2022
Imports
$25.3MWorld Rnk 12 / 211
Flag Rnk 1012 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $39.2M in Labels, making it the 6th largest exporter of Labels in the world. At the same year, Labels was the 922nd most exported product in Germany. The main destination of Labels exports from Germany are: Poland ($2.81M), Tunisia ($2.75M), Romania ($2.56M), Austria ($2.54M), and Nigeria ($2.4M).

The fastest growing export markets for Labels of Germany between 2021 and 2022 were Nigeria ($2.4M), Turkey ($377k), and Tunisia ($336k).

Imports In 2022, Germany imported $25.3M in Labels, becoming the 12th largest importer of Labels in the world. At the same year, Labels was the 1012th most imported product in Germany. Germany imports Labels primarily from: China ($5.81M), Italy ($4.14M), Portugal ($2.02M), Turkey ($1.73M), and Denmark ($1.62M).

The fastest growing import markets in Labels for Germany between 2021 and 2022 were Italy ($731k), Romania ($553k), and Denmark ($450k).

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 Labels. 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)$39.2M
IMPORTS (2022)$25.3M
NET TRADE (2022)$13.9M

In 2022, Germany exported $39.2M in Labels. The main destinations of Germany exports on Labels were Poland ($2.81M), Tunisia ($2.75M), Romania ($2.56M), Austria ($2.54M), and Nigeria ($2.4M).

In 2022, Germany imported $25.3M in Labels, mainly from China ($5.81M), Italy ($4.14M), Portugal ($2.02M), Turkey ($1.73M), and Denmark ($1.62M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Labels EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Nigeria$2.4M (495k%)
Turkey$377k (22.3%)
Tunisia$336k (13.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Labels BY Germany WERE (2021 - 2022):
United States-$1.81M (-67.7%)
Hungary-$1.13M (-50.1%)
Spain-$855k (-71.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Labels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.01M
TOP IMPORT POTENTIALChina+ $2.09M

Labels’s highest export potential is France. With an export gap of $1.01M.   Labels’s highest import potential is China with an import gap of $2.09M.

See methodology.

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