2022
Exports
$254MWorld Rnk 2 / 158
Flag Rnk 569 / 1216
2022
PRODUCT COMPLEXITY IN Pastes and Waxes
1Rnk 171 / 1025
2022
Imports
$91.8MWorld Rnk 2 / 209
Flag Rnk 771 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $254M in Pastes and Waxes, making it the 2nd largest exporter of Pastes and Waxes in the world. At the same year, Pastes and Waxes was the 569th most exported product in Germany. The main destination of Pastes and Waxes exports from Germany are: United States ($51.5M), Netherlands ($18.8M), China ($17.4M), France ($15.7M), and Italy ($13.2M).

The fastest growing export markets for Pastes and Waxes of Germany between 2021 and 2022 were United States ($4.33M), Belgium ($2.45M), and Italy ($2.28M).

Imports In 2022, Germany imported $91.8M in Pastes and Waxes, becoming the 2nd largest importer of Pastes and Waxes in the world. At the same year, Pastes and Waxes was the 771st most imported product in Germany. Germany imports Pastes and Waxes primarily from: Netherlands ($25.7M), China ($18.2M), Romania ($11.6M), Italy ($10.3M), and Switzerland ($7.49M).

The fastest growing import markets in Pastes and Waxes for Germany between 2021 and 2022 were China ($3.66M), Mexico ($167k), and Croatia ($140k).

COMPANIES In 2023, leading companies such as General Motors (16) were at the forefront of shipping Pastes and Waxes 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 Pastes and Waxes. 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)$254M
IMPORTS (2022)$91.8M
NET TRADE (2022)$162M

In 2022, Germany exported $254M in Pastes and Waxes. The main destinations of Germany exports on Pastes and Waxes were United States ($51.5M), Netherlands ($18.8M), China ($17.4M), France ($15.7M), and Italy ($13.2M).

In 2022, Germany imported $91.8M in Pastes and Waxes, mainly from Netherlands ($25.7M), China ($18.2M), Romania ($11.6M), Italy ($10.3M), and Switzerland ($7.49M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pastes and Waxes EXPORT MARKETS FOR Germany WERE (2021 - 2022):
United States$4.33M (9.19%)
Belgium$2.45M (45.8%)
Italy$2.28M (20.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pastes and Waxes BY Germany WERE (2021 - 2022):
Russia-$5.03M (-41.5%)
Netherlands-$4.98M (-21%)
Canada-$2.12M (-38.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Pastes and Waxes were:
China $529M
Italy $125M
In 2022, Germany's main importing competitors in Pastes and Waxes were:

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Trade Value of Pastes and Waxes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $4.18M
TOP IMPORT POTENTIALChina+ $3.38M

Pastes and Waxes’s highest export potential is France. With an export gap of $4.18M.   Pastes and Waxes’s highest import potential is China with an import gap of $3.38M.

See methodology.

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