2022
Exports
$815MWorld Rnk 2 / 197
Flag Rnk 326 / 1216
2022
PRODUCT COMPLEXITY IN Pulley Systems
0.82Rnk 238 / 1025
2022
Imports
$518MWorld Rnk 2 / 218
Flag Rnk 412 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $815M in Pulley Systems, making it the 2nd largest exporter of Pulley Systems in the world. At the same year, Pulley Systems was the 326th most exported product in Germany. The main destination of Pulley Systems exports from Germany are: United States ($71.2M), France ($63.8M), Austria ($61.1M), United Kingdom ($54.7M), and Switzerland ($38.7M).

The fastest growing export markets for Pulley Systems of Germany between 2021 and 2022 were United Kingdom ($13.5M), Turkey ($6.48M), and Saudi Arabia ($4.32M).

Imports In 2022, Germany imported $518M in Pulley Systems, becoming the 2nd largest importer of Pulley Systems in the world. At the same year, Pulley Systems was the 412th most imported product in Germany. Germany imports Pulley Systems primarily from: China ($126M), Italy ($70M), France ($66.8M), Finland ($36M), and Denmark ($25.2M).

The fastest growing import markets in Pulley Systems for Germany between 2021 and 2022 were France ($8.05M), Denmark ($6.67M), and Italy ($2.83M).

COMPANIES In 2023, leading companies such as Danfoss (191), Vestas (15), and Trumpf (8) were at the forefront of shipping Pulley Systems 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 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 (2022)$815M
IMPORTS (2022)$518M
NET TRADE (2022)$297M

In 2022, Germany exported $815M in Pulley Systems. The main destinations of Germany exports on Pulley Systems were United States ($71.2M), France ($63.8M), Austria ($61.1M), United Kingdom ($54.7M), and Switzerland ($38.7M).

In 2022, Germany imported $518M in Pulley Systems, mainly from China ($126M), Italy ($70M), France ($66.8M), Finland ($36M), and Denmark ($25.2M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Pulley Systems EXPORT MARKETS FOR Germany WERE (2021 - 2022):
United Kingdom$13.5M (32.8%)
Turkey$6.48M (34.1%)
Saudi Arabia$4.32M (61.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pulley Systems BY Germany WERE (2021 - 2022):
Russia-$11.8M (-64.1%)
United States-$9.92M (-12.2%)
Austria-$4.52M (-6.89%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Pulley Systems were:
China $2.92B
Italy $566M
In 2022, 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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