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Classification code 852 for German Classification of Commodities (EGW).

2023
Germany Trade €19.3BRnk 20 / 207
2023
Top Destination | Top Origin €1.59B | €2.7B United States | China
2021 - 2023
Export Growth (CAGR) 2.01%Rnk 69 / 207

About

Overview This page contains the latest trade data of Machine-tools. In 2023, Machine-tools were the Germany's 20th most traded product, with a total trade of €19.3B. Between 2022 and 2023 the exports of Machine-tools grew by 2.01%, from €17.2B to €19.3B. Trade in Machine-tools represent 1.25% of total Germany trade.

Exports In 2023 the export destinations of Machine-tools from Germany were United States (€2.7B), China (€2.56B), France (€1.16B), Italy (€1.02B), and Austria (€913M).

Imports In 2023 the import origins of Machine-tools to Germany were China (€1.59B), Switzerland (€1.21B), Austria (€567M), Japan (€452M), and Italy (€447M).

Historical Data

Destinations and Origins

Top Destination (2023)United States€2.7B
Top Origin (2023)China€1.59B

Machine-tools are Germany's 20th most traded product.

In 2023, the top import origins of Machine-tools were United States (€2.7B), China (€2.56B), France (€1.16B), Italy (€1.02B), and Austria (€913M).

In 2023, the top export destinations of Machine-tools were China (€1.59B), Switzerland (€1.21B), Austria (€567M), Japan (€452M), and Italy (€447M).

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Market Dynamics

Color
Top Destination Growth (2022 - 2023)China€294M
Top Origin Growth (2022 - 2023)United States€518M

Between 2022 and 2023, the fastest growing importers of Machine-tools were United States (€518M), Switzerland (€139M), Italy (€134M), Turkey (€121M), and India (€119M).

Between 2022 and 2023, the exports of Machine-tools grew the fastest in China (€294M), Switzerland (€194M), Austria (€94.6M), Japan (€87.9M), and Chinese Taipei (€83.1M).

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Market Concentration

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Machine-tools.

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Net Trade

This map shows which countries export or import more of Machine-tools from Germany. Each country is colored based on the difference in exports and imports of Machine-tools during 2023.

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