2022
Exports
$156MWorld Rnk 6 / 92
Flag Rnk 664 / 1216
2022
PRODUCT COMPLEXITY IN Pig Iron
-1.18Rnk 876 / 1025
2022
Imports
$173MWorld Rnk 7 / 141
Flag Rnk 658 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $156M in Pig Iron, making it the 6th largest exporter of Pig Iron in the world. At the same year, Pig Iron was the 664th most exported product in Germany. The main destination of Pig Iron exports from Germany are: Italy ($32.3M), France ($23.3M), Poland ($21.3M), Czechia ($12.2M), and Spain ($8.23M).

The fastest growing export markets for Pig Iron of Germany between 2021 and 2022 were Italy ($12.9M), France ($6.4M), and Slovakia ($5.86M).

Imports In 2022, Germany imported $173M in Pig Iron, becoming the 7th largest importer of Pig Iron in the world. At the same year, Pig Iron was the 658th most imported product in Germany. Germany imports Pig Iron primarily from: Norway ($24.5M), Ukraine ($23.4M), Russia ($18.4M), Canada ($15.5M), and South Africa ($15M).

The fastest growing import markets in Pig Iron for Germany between 2021 and 2022 were Ukraine ($15.7M), Sweden ($11.1M), and China ($10.9M).

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 Pig Iron. 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)$156M
IMPORTS (2022)$173M
NET TRADE (2022)-$17.3M

In 2022, Germany exported $156M in Pig Iron. The main destinations of Germany exports on Pig Iron were Italy ($32.3M), France ($23.3M), Poland ($21.3M), Czechia ($12.2M), and Spain ($8.23M).

In 2022, Germany imported $173M in Pig Iron, mainly from Norway ($24.5M), Ukraine ($23.4M), Russia ($18.4M), Canada ($15.5M), and South Africa ($15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pig Iron EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Italy$12.9M (66.3%)
France$6.4M (37.8%)
Slovakia$5.86M (386%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Iron BY Germany WERE (2021 - 2022):
Turkey-$21.8M (-80.9%)
China-$13.4M (-100%)
Sweden-$1.81M (-89.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Pig Iron were:
In 2022, Germany's main importing competitors in Pig Iron were:

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Trade Value of Pig Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $4.84M
TOP IMPORT POTENTIALRussia+ $10.5M

Pig Iron’s highest export potential is Netherlands. With an export gap of $4.84M.   Pig Iron’s highest import potential is Russia with an import gap of $10.5M.

See methodology.

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