2022
Exports
$5.16BWorld Rnk 2 / 184
Flag Rnk 64 / 1216
2022
PRODUCT COMPLEXITY IN Lifting Machinery
1.12Rnk 128 / 1025
2022
Imports
$2.32BWorld Rnk 2 / 219
Flag Rnk 135 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $5.16B in Lifting Machinery, making it the 2nd largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 64th most exported product in Germany. The main destination of Lifting Machinery exports from Germany are: United States ($961M), France ($354M), United Kingdom ($338M), China ($276M), and Switzerland ($255M).

The fastest growing export markets for Lifting Machinery of Germany between 2021 and 2022 were United States ($188M), Sweden ($52.8M), and Spain ($40.6M).

Imports In 2022, Germany imported $2.32B in Lifting Machinery, becoming the 2nd largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 135th most imported product in Germany. Germany imports Lifting Machinery primarily from: Netherlands ($321M), Austria ($270M), Italy ($198M), France ($191M), and China ($168M).

The fastest growing import markets in Lifting Machinery for Germany between 2021 and 2022 were Austria ($68.3M), China ($31.7M), and United States ($23.5M).

COMPANIES In 2023, leading companies such as Trumpf (87), Design Within Reach (47), and Ford Motor Company (20) were at the forefront of shipping Lifting Machinery 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 Lifting Machinery. 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)$5.16B
IMPORTS (2022)$2.32B
NET TRADE (2022)$2.84B

In 2022, Germany exported $5.16B in Lifting Machinery. The main destinations of Germany exports on Lifting Machinery were United States ($961M), France ($354M), United Kingdom ($338M), China ($276M), and Switzerland ($255M).

In 2022, Germany imported $2.32B in Lifting Machinery, mainly from Netherlands ($321M), Austria ($270M), Italy ($198M), France ($191M), and China ($168M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lifting Machinery EXPORT MARKETS FOR Germany WERE (2021 - 2022):
United States$188M (24.4%)
Sweden$52.8M (60.8%)
Spain$40.6M (37.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY Germany WERE (2021 - 2022):
Russia-$91.6M (-40%)
Poland-$55.4M (-24.6%)
China-$55M (-16.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Lifting Machinery were:
China $6.88B
Italy $2.48B
In 2022, Germany's main importing competitors in Lifting Machinery were:

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Trade Value of Lifting Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $134M
TOP IMPORT POTENTIALNetherlands+ $97.8M

Lifting Machinery’s highest export potential is France. With an export gap of $134M.   Lifting Machinery’s highest import potential is Netherlands with an import gap of $97.8M.

See methodology.

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