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The fastest growing export markets for Magnesium waste or scrap of Germany between 2021 and 2022 were United States ($912k), Romania ($747k), and Italy ($76.2k).

Imports In 2022, Germany imported $7.23M in Magnesium waste or scrap, becoming the 8th largest importer of Magnesium waste or scrap in the world. At the same year, Magnesium waste or scrap was the 3651st most imported product in Germany. Germany imports Magnesium waste or scrap primarily from: Spain ($1.83M), Sweden ($1.43M), India ($918k), Czechia ($630k), and Netherlands ($433k).

The fastest growing import markets in Magnesium waste or scrap for Germany between 2021 and 2022 were Spain ($1.16M), Sweden ($729k), and India ($704k).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (22k), Robert Bosch (15.9k), and General Motors (9.39k) were at the forefront of shipping Magnesium waste or scrap 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 Magnesium waste or scrap. 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)$8.9M
IMPORTS (2022)$7.23M
NET TRADE (2022)$1.67M

In 2022, Germany imported $7.23M in Magnesium waste or scrap, mainly from Spain ($1.83M), Sweden ($1.43M), India ($918k), Czechia ($630k), and Netherlands ($433k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium waste or scrap EXPORT MARKETS FOR Germany WERE (2021 - 2022):
United States$912k (335%)
Romania$747k (205%)
Italy$76.2k (215%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium waste or scrap BY Germany WERE (2021 - 2022):
Canada-$234k (-7.72%)
Hungary-$180k (-20.8%)
Austria-$133k (-30.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Magnesium waste or scrap were:
Canada $54.6M
China $43.2M
India $19.9M
In 2022, Germany's main importing competitors in Magnesium waste or scrap were:

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Trade Value of Magnesium waste or scrap by Exporters

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