2022
Exports
$1.95BWorld Rnk 3 / 200
Flag Rnk 172 / 1216
2022
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 162 / 1025
2022
Imports
$1.74BWorld Rnk 2 / 220
Flag Rnk 169 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $1.95B in Navigation Equipment, making it the 3rd largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 172nd most exported product in Germany. The main destination of Navigation Equipment exports from Germany are: United States ($460M), China ($275M), France ($89.1M), Spain ($81.9M), and Czechia ($68.2M).

The fastest growing export markets for Navigation Equipment of Germany between 2021 and 2022 were United States ($44.9M), Ukraine ($30.1M), and Denmark ($21.5M).

Imports In 2022, Germany imported $1.74B in Navigation Equipment, becoming the 2nd largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 169th most imported product in Germany. Germany imports Navigation Equipment primarily from: Hungary ($349M), China ($220M), Poland ($193M), United States ($154M), and Sweden ($108M).

The fastest growing import markets in Navigation Equipment for Germany between 2021 and 2022 were Vietnam ($58.5M), China ($30.2M), and Romania ($12.5M).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (72), ZF Friedrichshafen (12), and Trumpf (8) were at the forefront of shipping Navigation Equipment from Germany to the United States.

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 Navigation Equipment. 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)$1.95B
IMPORTS (2022)$1.74B
NET TRADE (2022)$213M

In 2022, Germany exported $1.95B in Navigation Equipment. The main destinations of Germany exports on Navigation Equipment were United States ($460M), China ($275M), France ($89.1M), Spain ($81.9M), and Czechia ($68.2M).

In 2022, Germany imported $1.74B in Navigation Equipment, mainly from Hungary ($349M), China ($220M), Poland ($193M), United States ($154M), and Sweden ($108M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Germany WERE (2021 - 2022):
United States$44.9M (10.8%)
Ukraine$30.1M (1.12k%)
Denmark$21.5M (107%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Germany WERE (2021 - 2022):
China-$104M (-27.5%)
France-$84.6M (-48.7%)
Spain-$55M (-40.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $53.3M
TOP IMPORT POTENTIALChina+ $52.6M

Navigation Equipment’s highest export potential is France. With an export gap of $53.3M.   Navigation Equipment’s highest import potential is China with an import gap of $52.6M.

See methodology.

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