2023
Exports
$872MWorld Rnk 2 / 197
Flag Rnk 306 / 1215
2023
PRODUCT COMPLEXITY IN Pulley Systems
0.87Rnk 222 / 1025
2023
Imports
$343MWorld Rnk 4 / 223
Flag Rnk 489 / 1215
2023
ECONOMIC COMPLEXITY of Germany
1.79Rnk 5 / 132

About

Exports In 2023, Germany exported $872M in Pulley Systems, making it the 2nd largest exporter of Pulley Systems in the world. At the same year, Pulley Systems was the 306th most exported product in Germany. The main destination of Pulley Systems exports from Germany are: United States ($100M), France ($59.5M), United Kingdom ($57.8M), Austria ($53.7M), and Switzerland ($44.3M).

The fastest growing export markets for Pulley Systems of Germany between 2022 and 2023 were United States ($28.1M), Turkey ($7.64M), and France ($7.1M).

Imports In 2023, Germany imported $343M in Pulley Systems, becoming the 4th largest importer of Pulley Systems in the world. At the same year, Pulley Systems was the 489th most imported product in Germany. Germany imports Pulley Systems primarily from: China ($85.4M), Italy ($38.3M), France ($28.2M), Switzerland ($21.5M), and Slovenia ($20.6M).

The fastest growing import markets in Pulley Systems for Germany between 2022 and 2023 were Switzerland ($7.4M), France ($2.43M), and Netherlands ($853k).

COMPANIES In 2024, leading companies such as Danfoss (59), Vestas (13), and ABB Motors and Mechanical (7) were at the forefront of shipping Pulley Systems from Germany to the United States.

Latest Trends

Jan 2025

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 Pulley Systems. 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)$872M
IMPORTS (2023)$343M
NET TRADE (2023)$529M

In 2023, Germany exported $872M in Pulley Systems. The main destinations of Germany exports on Pulley Systems were United States ($100M), France ($59.5M), United Kingdom ($57.8M), Austria ($53.7M), and Switzerland ($44.3M).

In 2023, Germany imported $343M in Pulley Systems, mainly from China ($85.4M), Italy ($38.3M), France ($28.2M), Switzerland ($21.5M), and Slovenia ($20.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pulley Systems EXPORT MARKETS FOR Germany WERE (2022 - 2023):
United States$28.1M (39%)
Turkey$7.64M (31.8%)
France$7.1M (13.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pulley Systems BY Germany WERE (2022 - 2023):
China-$8.22M (-20%)
Singapore-$4.61M (-49.7%)
Hungary-$3.86M (-44.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Germany's main exporting competitors in Pulley Systems were:
In 2023, Germany's main importing competitors in Pulley Systems were:

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Trade Value of Pulley Systems by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $24.2M
TOP IMPORT POTENTIALChina+ $19.7M

Pulley Systems’s highest export potential is United States. With an export gap of $24.2M.   Pulley Systems’s highest import potential is China with an import gap of $19.7M.

See methodology.

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