2022
Exports
$1.02BWorld Rnk 5 / 162
Flag Rnk 279 / 1216
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.3Rnk 911 / 1025
2022
Imports
$1.72BWorld Rnk 2 / 217
Flag Rnk 172 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $1.02B in Raw Iron Bars, making it the 5th largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 279th most exported product in Germany. The main destination of Raw Iron Bars exports from Germany are: Austria ($168M), Poland ($160M), France ($109M), Italy ($86.1M), and Netherlands ($79.3M).

The fastest growing export markets for Raw Iron Bars of Germany between 2021 and 2022 were Slovakia ($22.3M), Czechia ($20.3M), and Italy ($19.4M).

Imports In 2022, Germany imported $1.72B in Raw Iron Bars, becoming the 2nd largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 172nd most imported product in Germany. Germany imports Raw Iron Bars primarily from: Italy ($453M), Poland ($315M), France ($227M), Czechia ($110M), and Austria ($88.2M).

The fastest growing import markets in Raw Iron Bars for Germany between 2021 and 2022 were Poland ($119M), Italy ($63.8M), and Algeria ($48.4M).

COMPANIES In 2023, leading companies such as Danfoss (7) were at the forefront of shipping Raw Iron Bars 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 Raw Iron Bars. 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)$1.02B
IMPORTS (2022)$1.72B
NET TRADE (2022)-$703M

In 2022, Germany exported $1.02B in Raw Iron Bars. The main destinations of Germany exports on Raw Iron Bars were Austria ($168M), Poland ($160M), France ($109M), Italy ($86.1M), and Netherlands ($79.3M).

In 2022, Germany imported $1.72B in Raw Iron Bars, mainly from Italy ($453M), Poland ($315M), France ($227M), Czechia ($110M), and Austria ($88.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Slovakia$22.3M (171%)
Czechia$20.3M (75.9%)
Italy$19.4M (29.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Germany WERE (2021 - 2022):
Poland-$30.1M (-15.8%)
Switzerland-$19.1M (-24.6%)
China-$7.62M (-67.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, Germany's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $30.8M
TOP IMPORT POTENTIALTurkey+ $38.5M

Raw Iron Bars’s highest export potential is France. With an export gap of $30.8M.   Raw Iron Bars’s highest import potential is Turkey with an import gap of $38.5M.

See methodology.

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