2022
Exports
$1.24BWorld Rnk 3 / 123
Flag Rnk 238 / 1216
2022
PRODUCT COMPLEXITY IN Petroleum Resins
1.53Rnk 46 / 1025
2022
Imports
$510MWorld Rnk 3 / 197
Flag Rnk 420 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $1.24B in Petroleum Resins, making it the 3rd largest exporter of Petroleum Resins in the world. At the same year, Petroleum Resins was the 238th most exported product in Germany. The main destination of Petroleum Resins exports from Germany are: Italy ($144M), United States ($144M), China ($81.1M), France ($75.6M), and Belgium ($66.9M).

The fastest growing export markets for Petroleum Resins of Germany between 2021 and 2022 were United States ($14.1M), Poland ($8.08M), and Turkey ($7.8M).

Imports In 2022, Germany imported $510M in Petroleum Resins, becoming the 3rd largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 420th most imported product in Germany. Germany imports Petroleum Resins primarily from: France ($100M), Belgium ($80.2M), Netherlands ($73.6M), Japan ($44.9M), and South Korea ($40.2M).

The fastest growing import markets in Petroleum Resins for Germany between 2021 and 2022 were Belgium ($17.8M), United Kingdom ($5.49M), and United States ($5.42M).

COMPANIES In 2023, leading companies such as Porsche (1) and Volkswagen (1) were at the forefront of shipping Petroleum Resins from Germany to the United States.

Latest Trends

Sep 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 Petroleum Resins. 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)$1.24B
IMPORTS (2022)$510M
NET TRADE (2022)$730M

In 2022, Germany exported $1.24B in Petroleum Resins. The main destinations of Germany exports on Petroleum Resins were Italy ($144M), United States ($144M), China ($81.1M), France ($75.6M), and Belgium ($66.9M).

In 2022, Germany imported $510M in Petroleum Resins, mainly from France ($100M), Belgium ($80.2M), Netherlands ($73.6M), Japan ($44.9M), and South Korea ($40.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Resins EXPORT MARKETS FOR Germany WERE (2021 - 2022):
United States$14.1M (10.9%)
Poland$8.08M (20.2%)
Turkey$7.8M (30%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Resins BY Germany WERE (2021 - 2022):
China-$19.2M (-19.2%)
Austria-$12.9M (-29.4%)
Russia-$10M (-41.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Petroleum Resins were:
In 2022, Germany's main importing competitors in Petroleum Resins were:

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Trade Value of Petroleum Resins by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNetherlands+ $25M
TOP IMPORT POTENTIALFrance+ $18.1M

Petroleum Resins’s highest export potential is Netherlands. With an export gap of $25M.   Petroleum Resins’s highest import potential is France with an import gap of $18.1M.

See methodology.

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