Particle.news
Download on the App Store
3 ARTICLES
·
last mo.

Germany Strengthens Global Export Leadership in Chemicals and Machinery

A new study reveals Germany's export dominance in 180 product categories, with rising specialization in high-dominance sectors like chemicals and electrical engineering.

Die USA sind der wichtigste Abnehmer der exportdominanten deutschen Waren
Image
Das Logo des Unternehmens Bayer leuchtet zwischen zwei Bäumen.

Overview

  • Germany holds a dominant global export position in 180 product categories, accounting for at least 30% of worldwide exports in these areas.
  • Key sectors of dominance include chemicals, machinery, electrical engineering, and base metals, with some products achieving over 90% global market share.
  • The number of dominant categories has declined since 2010 but stabilized between 180 and 190 from 2020 to 2023, reflecting increased specialization.
  • The United States is the largest importer of German export-dominant goods, followed by China, underscoring Germany's critical role in global trade.
  • China leads globally in export dominance with 1,535 product categories, while the EU collectively outperforms China when combining member states' contributions.