2022
Exports
$16.4BWorld Rnk 2 / 225
Flag Rnk 12 / 1216
2022
PRODUCT COMPLEXITY IN Low-voltage Protection Equipment
0.56Rnk 342 / 1025
2022
Imports
$9.72BWorld Rnk 3 / 226
Flag Rnk 20 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $16.4B in Low-voltage Protection Equipment, making it the 2nd largest exporter of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 12th most exported product in Germany. The main destination of Low-voltage Protection Equipment exports from Germany are: China ($1.97B), United States ($1.35B), Czechia ($1.11B), Italy ($1.04B), and Netherlands ($884M).

The fastest growing export markets for Low-voltage Protection Equipment of Germany between 2021 and 2022 were United States ($136M), Italy ($45.8M), and Turkey ($41.7M).

Imports In 2022, Germany imported $9.72B in Low-voltage Protection Equipment, becoming the 3rd largest importer of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 20th most imported product in Germany. Germany imports Low-voltage Protection Equipment primarily from: Czechia ($1.34B), China ($1.25B), France ($682M), Romania ($675M), and Switzerland ($521M).

The fastest growing import markets in Low-voltage Protection Equipment for Germany between 2021 and 2022 were Slovakia ($126M), Austria ($59.7M), and United Kingdom ($59.4M).

COMPANIES In 2023, leading companies such as Robert Bosch (116), TE Connectivity (67), and Mahle Behr (46) were at the forefront of shipping Low-voltage Protection Equipment 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 Low-voltage Protection Equipment. 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)$16.4B
IMPORTS (2022)$9.72B
NET TRADE (2022)$6.72B

In 2022, Germany exported $16.4B in Low-voltage Protection Equipment. The main destinations of Germany exports on Low-voltage Protection Equipment were China ($1.97B), United States ($1.35B), Czechia ($1.11B), Italy ($1.04B), and Netherlands ($884M).

In 2022, Germany imported $9.72B in Low-voltage Protection Equipment, mainly from Czechia ($1.34B), China ($1.25B), France ($682M), Romania ($675M), and Switzerland ($521M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Low-voltage Protection Equipment EXPORT MARKETS FOR Germany WERE (2021 - 2022):
United States$136M (11.2%)
Italy$45.8M (4.6%)
Turkey$41.7M (13.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Low-voltage Protection Equipment BY Germany WERE (2021 - 2022):
Russia-$196M (-74.2%)
China-$143M (-6.74%)
Hong Kong-$105M (-51.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Low-voltage Protection Equipment were:
In 2022, Germany's main importing competitors in Low-voltage Protection Equipment were:

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Trade Value of Low-voltage Protection Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $390M
TOP IMPORT POTENTIALChina+ $402M

Low-voltage Protection Equipment’s highest export potential is France. With an export gap of $390M.   Low-voltage Protection Equipment’s highest import potential is China with an import gap of $402M.

See methodology.

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