2022
Exports
$779MWorld Rnk 1 / 161
Flag Rnk 335 / 1216
2022
PRODUCT COMPLEXITY IN Metal Finishing Machines
1.51Rnk 48 / 1025
2022
Imports
$295MWorld Rnk 3 / 210
Flag Rnk 539 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $779M in Metal Finishing Machines, making it the 1st largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 335th most exported product in Germany. The main destination of Metal Finishing Machines exports from Germany are: China ($153M), United States ($95.5M), Italy ($54.2M), Austria ($44.5M), and Turkey ($34.4M).

The fastest growing export markets for Metal Finishing Machines of Germany between 2021 and 2022 were United States ($17.4M), Switzerland ($10.1M), and Romania ($7.99M).

Imports In 2022, Germany imported $295M in Metal Finishing Machines, becoming the 3rd largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 539th most imported product in Germany. Germany imports Metal Finishing Machines primarily from: Switzerland ($94M), Czechia ($57M), China ($28M), Chinese Taipei ($14.2M), and Thailand ($13M).

The fastest growing import markets in Metal Finishing Machines for Germany between 2021 and 2022 were Switzerland ($13.8M), Brazil ($3.54M), and Australia ($2.9M).

COMPANIES In 2023, leading companies such as Hilti Power Tools (2), Stanley Black & Decker (2), and General Motors (1) were at the forefront of shipping Metal Finishing Machines 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 Metal Finishing Machines. 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)$779M
IMPORTS (2022)$295M
NET TRADE (2022)$484M

In 2022, Germany exported $779M in Metal Finishing Machines. The main destinations of Germany exports on Metal Finishing Machines were China ($153M), United States ($95.5M), Italy ($54.2M), Austria ($44.5M), and Turkey ($34.4M).

In 2022, Germany imported $295M in Metal Finishing Machines, mainly from Switzerland ($94M), Czechia ($57M), China ($28M), Chinese Taipei ($14.2M), and Thailand ($13M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR Germany WERE (2021 - 2022):
United States$17.4M (22.3%)
Switzerland$10.1M (42.9%)
Romania$7.99M (64.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY Germany WERE (2021 - 2022):
China-$54.4M (-26.2%)
Russia-$15M (-66.7%)
France-$9.85M (-24.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Metal Finishing Machines were:
In 2022, Germany's main importing competitors in Metal Finishing Machines were:

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Trade Value of Metal Finishing Machines by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $10.7M
TOP IMPORT POTENTIALChina+ $6.36M

Metal Finishing Machines’s highest export potential is France. With an export gap of $10.7M.   Metal Finishing Machines’s highest import potential is China with an import gap of $6.36M.

See methodology.

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