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Classification code 843 for German Classification of Commodities (EGW).

2023
Germany Trade €13.8BRnk 28 / 207
2023
Top Destination | Top Origin €852M | €1.57B China | China
2021 - 2023
Export Growth (CAGR) 1.06%Rnk 73 / 207

About

Overview This page contains the latest trade data of Taps, cocks and valves. In 2023, Taps, cocks and valves were the Germany's 28th most traded product, with a total trade of €13.8B. Between 2022 and 2023 the exports of Taps, cocks and valves grew by 1.06%, from €12.7B to €13.8B. Trade in Taps, cocks and valves represent 0.89% of total Germany trade.

Exports In 2023 the export destinations of Taps, cocks and valves from Germany were China (€1.57B), United States (€1.33B), France (€1.01B), Italy (€786M), and Austria (€634M).

Imports In 2023 the import origins of Taps, cocks and valves to Germany were China (€852M), United States (€816M), Italy (€799M), Switzerland (€693M), and Poland (€568M).

Historical Data

Destinations and Origins

Top Destination (2023)China€1.57B
Top Origin (2023)China€852M

Taps, cocks and valves are Germany's 28th most traded product.

In 2023, the top import origins of Taps, cocks and valves were China (€1.57B), United States (€1.33B), France (€1.01B), Italy (€786M), and Austria (€634M).

In 2023, the top export destinations of Taps, cocks and valves were China (€852M), United States (€816M), Italy (€799M), Switzerland (€693M), and Poland (€568M).

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Market Dynamics

Color
Top Destination Growth (2022 - 2023)China€226M
Top Origin Growth (2022 - 2023)United States€188M

Between 2022 and 2023, the fastest growing importers of Taps, cocks and valves were United States (€188M), India (€59.9M), United Kingdom (€53.6M), Turkey (€52.7M), and Spain (€44.1M).

Between 2022 and 2023, the exports of Taps, cocks and valves grew the fastest in China (€226M), United States (€218M), Switzerland (€67.6M), Italy (€65.4M), and India (€41.6M).

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Market Concentration

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Taps, cocks and valves.

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Net Trade

This map shows which countries export or import more of Taps, cocks and valves from Germany. Each country is colored based on the difference in exports and imports of Taps, cocks and valves during 2023.

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