2023
Exports
$1.92BWorld Rnk 3 / 199
Flag Rnk 160 / 1215
2023
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 167 / 1025
2023
Imports
$2.3BWorld Rnk 2 / 223
Flag Rnk 125 / 1215
2023
ECONOMIC COMPLEXITY of Germany
1.79Rnk 5 / 132

About

Exports In 2023, Germany exported $1.92B in Navigation Equipment, making it the 3rd largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 160th most exported product in Germany. The main destination of Navigation Equipment exports from Germany are: United States ($456M), China ($219M), United Kingdom ($117M), Spain ($90.9M), and Czechia ($79.5M).

The fastest growing export markets for Navigation Equipment of Germany between 2022 and 2023 were United States ($108M), United Kingdom ($45.8M), and Poland ($32.7M).

Imports In 2023, Germany imported $2.3B in Navigation Equipment, becoming the 2nd largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 125th most imported product in Germany. Germany imports Navigation Equipment primarily from: Poland ($364M), Hungary ($340M), United States ($288M), China ($244M), and Vietnam ($196M).

The fastest growing import markets in Navigation Equipment for Germany between 2022 and 2023 were Poland ($141M), Vietnam ($137M), and Hungary ($64.4M).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (72), ZF Friedrichshafen (12), and Trumpf (8) were at the forefront of shipping Navigation Equipment from Germany to the United States.

Latest Trends

Dec 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 Navigation 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 (2023)$1.92B
IMPORTS (2023)$2.3B
NET TRADE (2023)-$379M

In 2023, Germany exported $1.92B in Navigation Equipment. The main destinations of Germany exports on Navigation Equipment were United States ($456M), China ($219M), United Kingdom ($117M), Spain ($90.9M), and Czechia ($79.5M).

In 2023, Germany imported $2.3B in Navigation Equipment, mainly from Poland ($364M), Hungary ($340M), United States ($288M), China ($244M), and Vietnam ($196M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Germany WERE (2022 - 2023):
United States$108M (31.2%)
United Kingdom$45.8M (64.4%)
Poland$32.7M (131%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Germany WERE (2022 - 2023):
China-$28.8M (-11.6%)
Japan-$28M (-35.9%)
France-$27.4M (-27.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Germany's main exporting competitors in Navigation Equipment were:
In 2023, Germany's main importing competitors in Navigation Equipment were:

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $53.3M
TOP IMPORT POTENTIALChina+ $52.6M

Navigation Equipment’s highest export potential is France. With an export gap of $53.3M.   Navigation Equipment’s highest import potential is China with an import gap of $52.6M.

See methodology.

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