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Classification code 844 for German Classification of Commodities (EGW).

2023
Germany Trade €18BRnk 21 / 207
2023
Top Destination | Top Origin €1.36B | €2.18B China | China
2021 - 2023
Export Growth (CAGR) 2.86%Rnk 66 / 207

About

Overview This page contains the latest trade data of Bearings,gearings, gear wheels and drive elements. In 2023, Bearings,gearings, gear wheels and drive elements were the Germany's 21st most traded product, with a total trade of €18B. Between 2022 and 2023 the exports of Bearings,gearings, gear wheels and drive elements grew by 2.86%, from €16.3B to €18B. Trade in Bearings,gearings, gear wheels and drive elements represent 1.17% of total Germany trade.

Exports In 2023 the export destinations of Bearings,gearings, gear wheels and drive elements from Germany were China (€2.18B), United States (€1.85B), France (€928M), Italy (€921M), and Austria (€918M).

Imports In 2023 the import origins of Bearings,gearings, gear wheels and drive elements to Germany were China (€1.36B), Italy (€1.06B), Austria (€776M), Romania (€690M), and Slovakia (€667M).

Historical Data

Destinations and Origins

Top Destination (2023)China€2.18B
Top Origin (2023)China€1.36B

Bearings,gearings, gear wheels and drive elements are Germany's 21st most traded product.

In 2023, the top import origins of Bearings,gearings, gear wheels and drive elements were China (€2.18B), United States (€1.85B), France (€928M), Italy (€921M), and Austria (€918M).

In 2023, the top export destinations of Bearings,gearings, gear wheels and drive elements were China (€1.36B), Italy (€1.06B), Austria (€776M), Romania (€690M), and Slovakia (€667M).

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Market Dynamics

Color
Top Destination Growth (2022 - 2023)China€423M
Top Origin Growth (2022 - 2023)United States€209M

Between 2022 and 2023, the fastest growing importers of Bearings,gearings, gear wheels and drive elements were United States (€209M), Turkey (€121M), Hungary (€118M), Poland (€101M), and Italy (€73.5M).

Between 2022 and 2023, the exports of Bearings,gearings, gear wheels and drive elements grew the fastest in China (€423M), Austria (€145M), United States (€125M), India (€112M), and Italy (€95.9M).

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Market Concentration

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Bearings,gearings, gear wheels and drive elements.

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Net Trade

This map shows which countries export or import more of Bearings,gearings, gear wheels and drive elements from Germany. Each country is colored based on the difference in exports and imports of Bearings,gearings, gear wheels and drive elements during 2023.

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