2022
Exports
$377MWorld Rnk 3 / 78
Flag Rnk 475 / 1216
2022
PRODUCT COMPLEXITY IN Tanks and Armored vehicles
-0.46Rnk 688 / 1025
2022
Imports
$153MWorld Rnk 6 / 130
Flag Rnk 679 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $377M in Tanks and Armored vehicles, making it the 3rd largest exporter of Tanks and Armored vehicles in the world. At the same year, Tanks and Armored vehicles was the 475th most exported product in Germany. The main destination of Tanks and Armored vehicles exports from Germany are: Lithuania ($145M), Netherlands ($52.7M), Norway ($47.9M), South Korea ($31.4M), and Canada ($21.5M).

The fastest growing export markets for Tanks and Armored vehicles of Germany between 2021 and 2022 were Lithuania ($126M), Norway ($11.8M), and Spain ($3.96M).

Imports In 2022, Germany imported $153M in Tanks and Armored vehicles, becoming the 6th largest importer of Tanks and Armored vehicles in the world. At the same year, Tanks and Armored vehicles was the 679th most imported product in Germany. Germany imports Tanks and Armored vehicles primarily from: Canada ($62.7M), Netherlands ($52.4M), United States ($18.5M), Switzerland ($15.4M), and Denmark ($2.4M).

The fastest growing import markets in Tanks and Armored vehicles for Germany between 2021 and 2022 were Canada ($22.2M), United States ($9.24M), and Switzerland ($3.42M).

Latest Trends

Oct 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 Tanks and Armored vehicles. 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)$377M
IMPORTS (2022)$153M
NET TRADE (2022)$223M

In 2022, Germany exported $377M in Tanks and Armored vehicles. The main destinations of Germany exports on Tanks and Armored vehicles were Lithuania ($145M), Netherlands ($52.7M), Norway ($47.9M), South Korea ($31.4M), and Canada ($21.5M).

In 2022, Germany imported $153M in Tanks and Armored vehicles, mainly from Canada ($62.7M), Netherlands ($52.4M), United States ($18.5M), Switzerland ($15.4M), and Denmark ($2.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tanks and Armored vehicles EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Lithuania$126M (669%)
Norway$11.8M (32.7%)
Spain$3.96M (39.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanks and Armored vehicles BY Germany WERE (2021 - 2022):
Australia-$83.9M (-92.9%)
Poland-$16.8M (-48.5%)
South Korea-$13.1M (-29.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Tanks and Armored vehicles were:
In 2022, Germany's main importing competitors in Tanks and Armored vehicles were:

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Trade Value of Tanks and Armored vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.49M
TOP IMPORT POTENTIALSwitzerland+ $6.53M

Tanks and Armored vehicles’s highest export potential is United States. With an export gap of $7.49M.   Tanks and Armored vehicles’s highest import potential is Switzerland with an import gap of $6.53M.

See methodology.

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