2022
Exports
$806MWorld Rnk 1 / 144
Flag Rnk 328 / 1216
2022
PRODUCT COMPLEXITY IN Waxes
0.46Rnk 381 / 1025
2022
Imports
$251MWorld Rnk 3 / 203
Flag Rnk 573 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $806M in Waxes, making it the 1st largest exporter of Waxes in the world. At the same year, Waxes was the 328th most exported product in Germany. The main destination of Waxes exports from Germany are: Italy ($86.3M), France ($78.7M), United States ($70M), China ($58.8M), and Spain ($42.8M).

The fastest growing export markets for Waxes of Germany between 2021 and 2022 were United States ($15.3M), Italy ($11.4M), and Turkey ($9.01M).

Imports In 2022, Germany imported $251M in Waxes, becoming the 3rd largest importer of Waxes in the world. At the same year, Waxes was the 573rd most imported product in Germany. Germany imports Waxes primarily from: Netherlands ($42M), Poland ($36.6M), Belgium ($33.1M), United States ($27.1M), and Denmark ($23.4M).

The fastest growing import markets in Waxes for Germany between 2021 and 2022 were Denmark ($4.56M), Poland ($4.42M), and Belgium ($4.35M).

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 Waxes. 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)$806M
IMPORTS (2022)$251M
NET TRADE (2022)$555M

In 2022, Germany exported $806M in Waxes. The main destinations of Germany exports on Waxes were Italy ($86.3M), France ($78.7M), United States ($70M), China ($58.8M), and Spain ($42.8M).

In 2022, Germany imported $251M in Waxes, mainly from Netherlands ($42M), Poland ($36.6M), Belgium ($33.1M), United States ($27.1M), and Denmark ($23.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Waxes EXPORT MARKETS FOR Germany WERE (2021 - 2022):
United States$15.3M (27.9%)
Italy$11.4M (15.2%)
Turkey$9.01M (37.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Waxes BY Germany WERE (2021 - 2022):
Russia-$6.21M (-42.2%)
China-$4.27M (-6.76%)
Switzerland-$3M (-15.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Waxes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $13.1M
TOP IMPORT POTENTIALBelgium+ $9.85M

Waxes’s highest export potential is Netherlands. With an export gap of $13.1M.   Waxes’s highest import potential is Belgium with an import gap of $9.85M.

See methodology.

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