Market Insights
2025-07-23
Germany's total imports and exports reached $2.3 trillion in 2024, reflecting a 5.1% increase from 2023, according to the German Federal Statistical Office (Destatis). Tendata highlights key trends for Germany's automotive import/export trends in 2024.
Top 5 Germany Exports in 2024
Germany is a global leader in exports, particularly in the automotive sector. Here are the top five categories of German exports in 2024:
Motor Vehicles and Parts: $190 billion (23% of total exports)
Machinery and Equipment: $125 billion (14% of total exports)
Electrical Machinery and Equipment: $85 billion (10% of total exports)
Chemicals: $78 billion (9% of total exports)
Pharmaceuticals: $62 billion (7% of total exports)
>>> Report of Germany's Automotive Import/Export <<<
Fastest-Growing Export Sectors in Germany
Germany's automotive industry is seeing rapid growth in specific sectors:
Electric Vehicles (EVs): 19.5% YoY growth
Automotive Parts (Battery Systems): 22.3% YoY growth
Germany's Key Trading Partners in 2024
Germany's largest trading partners are crucial for understanding its export and import dynamics:
United States: 11.5% share
China: 9.7% share
Netherlands: 7.3% share
France: 6.8% share
United Kingdom: 5.5% share
>>> Know more about Germany's Automotive Import/Export <<<
Why These Trends Matter for Automotive Suppliers
Germany's strong demand for electric vehicles (EVs) and high-performance automotive components creates clear opportunities for automotive suppliers in 2024. The 19.5% growth in electric vehicle exports signals an accelerating shift towards green transportation. Additionally, the rising demand for battery systems and EV parts presents opportunities for suppliers of cutting-edge automotive technologies.
"Automotive businesses should leverage data analysis tools to explore trade opportunities in Germany. The Trade Insights Tool can help identify key buyers and pinpoint emerging trends in the automotive market."
>>> Germany's Automotive Import/Export Insights<<<
Conclusion: Opportunities for Automotive Businesses in Germany
Germany remains a global leader in automotive manufacturing and trade. For suppliers, the key opportunity lies in tapping into the growing demand for electric vehicles and automotive parts. By analyzing Germany's import/export trends and partnering with key trading partners, businesses can effectively enter or expand within the German market.
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