2022
Exports
$94.1MWorld Rnk 5 / 92
Flag Rnk 767 / 1216
2022
PRODUCT COMPLEXITY IN Looms
0.9Rnk 209 / 1025
2022
Imports
$14.6MWorld Rnk 18 / 159
Flag Rnk 1064 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $94.1M in Looms, making it the 5th largest exporter of Looms in the world. At the same year, Looms was the 767th most exported product in Germany. The main destination of Looms exports from Germany are: China ($26.6M), Egypt ($7.01M), United States ($6.06M), Turkey ($5.91M), and Italy ($5.2M).

The fastest growing export markets for Looms of Germany between 2021 and 2022 were United States ($4.11M), Romania ($2.71M), and Uzbekistan ($2.07M).

Imports In 2022, Germany imported $14.6M in Looms, becoming the 18th largest importer of Looms in the world. At the same year, Looms was the 1064th most imported product in Germany. Germany imports Looms primarily from: Belgium ($4.41M), Switzerland ($2.58M), Italy ($2.52M), Czechia ($2.13M), and France ($532k).

The fastest growing import markets in Looms for Germany between 2021 and 2022 were Czechia ($1.93M), Belgium ($695k), and France ($466k).

COMPANIES In 2023, leading companies such as CNH Industrial (1) were at the forefront of shipping Looms from Germany to the United States.

Latest Trends

Oct 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 Looms. 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)$94.1M
IMPORTS (2022)$14.6M
NET TRADE (2022)$79.5M

In 2022, Germany exported $94.1M in Looms. The main destinations of Germany exports on Looms were China ($26.6M), Egypt ($7.01M), United States ($6.06M), Turkey ($5.91M), and Italy ($5.2M).

In 2022, Germany imported $14.6M in Looms, mainly from Belgium ($4.41M), Switzerland ($2.58M), Italy ($2.52M), Czechia ($2.13M), and France ($532k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Looms EXPORT MARKETS FOR Germany WERE (2021 - 2022):
United States$4.11M (210%)
Romania$2.71M (131%)
Uzbekistan$2.07M (69.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Looms BY Germany WERE (2021 - 2022):
Turkey-$23.6M (-80%)
China-$6.34M (-19.3%)
Thailand-$3.27M (-97.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Looms were:
In 2022, Germany's main importing competitors in Looms were:
India $694M
China $284M

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Trade Value of Looms by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.67M
TOP IMPORT POTENTIALBelgium+ $3.34M

Looms’s highest export potential is India. With an export gap of $2.67M.   Looms’s highest import potential is Belgium with an import gap of $3.34M.

See methodology.

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