Germany’s Top 10 Imports

Germany's Top 10 Imports

by Flagpictures.org

Germany imported US$1.168 trillion worth of goods from around the globe in 2017, down by -1.6% since 2013 but up by 10.1% from 2016 to 2017.

German imports represent 7.3% of total global imports which totaled $16.054 trillion one year earlier in 2016.

From a continental lens, 64.4% of Germany’s total imports by value in 2017 were purchased from other European countries. Asian trade partners supplied 22.1% of import sales to Germany while 7% worth of goods originated from North America. Smaller percentages came were sold to customers in Africa (1.9%) and Latin America excluding Mexico but including the Caribbean (1.6%).

Given Germany’s population of 80.6 million people, its total $1.168 trillion in 2017 imports translates to roughly $14,500 in yearly product demand from every person in the country.

Germany’s Top 10 Imports

Top 10

The following product groups represent the highest dollar value in Germany’s import purchases during 2017. Also shown is the percentage share each product category represents in terms of overall imports into Germany.

At the more granular four-digit Harmonized Tariff System code level, Germany’s most valuable imported goods are cars followed by crude oil, electronic circuits then mobile phones.

  1. Machinery including computers: US$148.5 billion (12.7% of total imports)
  2. Electrical machinery, equipment: $145.7 billion (12.5%)
  3. Vehicles : $123.2 billion (10.5%)
  4. Mineral fuels including oil: $96.2 billion (8.2%)
  5. Pharmaceuticals: $53.6 billion (4.6%)
  6. Plastics, plastic articles: $44.4 billion (3.8%)
  7. Optical, technical, medical apparatus: $40.3 billion (3.4%)
  8. Organic chemicals: $34.1 billion (2.9%)
  9. Iron, steel: $29 billion (2.5%)
  10. Articles of iron or steel: $23.3 billion (2%)

Germany’s top 10 imports accounted for almost two-thirds (63.2%) of the overall value of its product purchases from other countries.

Imported iron or steel had the fastest-growing increase in value among the top 10 import categories, up 25.7% from 2016 to 2017.

In second place was the mineral fuels including oil category (up 22.6%), followed by organic chemicals (up 12.2%) then vehicles (up 10.7%).

The slowest-growing categories year over year was optical, technical and medical apparatus (up 5.4%) and machinery including computers (up 8.6%).

Please note that the results listed above are at the 2-digit Harmonized Tariff System code level. Information presented under other virtual folder tabs is at the more granular 4-digit level.

Machinery

In 2017, German importers spent the most on the following 10 subcategories of machines including computers:

  1. Computers, optical readers: US$23 billion (up 10.6% from 2016)
  2. Turbo-jets: $9.1 billion (down -6.1%)
  3. Printing machinery: $8.8 billion (up 7.8%)
  4. Piston engine parts: $6.6 billion (up 4.1%)
  5. Taps, valves, similar appliances: $6.2 billion (up 12.1%)
  6. Computer parts, accessories: $5.9 billion (up 48.1%)
  7. Centrifuges, filters and purifiers: $5.7 billion (up 5.6%)
  8. Transmission shafts, gears, clutches: $5.5 billion (up 9.1%)
  9. Engines (diesel): $4.8 billion (down -0.4%)
  10. Liquid pumps and elevators: $4.8 billion (up 8.8%)

Among these import subcategories, Germany’s purchases of computer parts or accessories (up 48.1%), taps, valves or similar appliances (up 12.1%) and computers including optical readers (up 10.6%) grew at the fastest pace from 2016 to 2017.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported machinery among German businesses and consumers.

Electronics

In 2017, German importers spent the most on the following 10 subcategories of electrical equipment including consumer electronics:

  1. Phone system devices including smartphones: US$22.3 billion (up 5.1% from 2016)
  2. Integrated circuits/microassemblies: $17.2 billion (up 26.3%)
  3. Insulated wire/cable: $10.6 billion (up 11.6%)
  4. Lower-voltage switches, fuses: $7.7 billion (up 8.3%)
  5. TV receivers/monitors/projectors: $6.7 billion (up 10.3%)
  6. Solar power diodes/semi-conductors: $6.3 billion (up 16.3%)
  7. Electrical/optical circuit boards, panels: $6.3 billion (up 8.9%)
  8. Electrical converters/power units: $6.1 billion (up 9.6%)
  9. Electric motors, generators: $5.3 billion (up 6.5%)
  10. Electrical lighting/signaling equpment, defrosters: $4.5 billion (up 11.4%)

Among these import subcategories, Germany’s purchases of integrated circuits or microassemblies (up 26.3%), solar power diodes or semi-conductors (up 16.3%) and insulated wire or cable (up 11.6%) grew at the fastest pace from 2016 to 2017.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported electronics among German businesses and consumers.

Vehicles

In 2017, German importers spent the most on the following 10 subcategories of vehicles:

  1. Cars: US$57.7 billion (up 12.4% from 2016)
  2. Automobile parts/accessories: $41.2 billion (up 9.8%)
  3. Trucks: $5.6 billion (up 1.6%)
  4. Trailers: $2.5 billion (up 14.1%)
  5. Tractors: $2.5 billion (up 2.8%)
  6. Motorcycle parts/accessories: $2.1 billion (up 0.2%)
  7. Motorcycles: $1.5 billion (up 8.8%)
  8. Automobile bodies: $1.1 billion (down -0.1%)
  9. Public-transport vehicles: $988.4 million (up 8.3%)
  10. Bicycles, other non-motorized cycles: $682.8 million (up 1.7%)

Among these import subcategories, Germany’s purchases of trailers (up 14.1%), cars (up 12.4%) and automobile parts or accessories (up 9.8%) grew at the fastest pace from 2016 to 2017.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported vehicles among German businesses and consumers.

Fuel

In 2017, German importers spent the most on the following 10 subcategories of mineral fuels-related products:

  1. Crude oil: US$36.2 billion (up 26.1% from 2016)
  2. Petroleum gases: $28.2 billion (up 21.3%)
  3. Processed petroleum oils: $20.4 billion (up 20.7%)
  4. Coal, solid fuels made from coal: $5.8 billion (up 51.5%)
  5. Electrical energy: $1.2 billion (up 4.6%)
  6. Coal tar oils (high temperature distillation): $802.8 million (up 16.7%)
  7. Coke, semi-coke: $663.3 million (up 91.5%)
  8. Petroleum jelly, mineral waxes: $365.2 million (up 11%)
  9. Petroleum oil residues: $272.5 million (up 21.7%)
  10. Peat: $84.5 million (up 14.9%)

Among these import subcategories, Germany’s purchases of coke or semi-coke (up 91.5%), coal, solid fuels made from coal (up 51.5%) and crude oil (up 26.1%) grew at the fastest pace from 2016 to 2017.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of mineral fuels-related imports among German businesses and consumers.



 

See also Germany’s Top 10 Exports, Germany’s Top 10 Major Export Companies, Germany’s Top Trading Partners, Top German Trade Balances and Highest Value German Export Products

Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on March 7, 2018

The World Factbook, Country Profiles, Central Intelligence Agency. Accessed on March 7, 2018

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on March 7, 2018