Table of Contents
What are Germany Main imports?
Germany’s imports are mainly based on petroleum, cars and vehicle parts. Germany’s most imported product is petroleum under different forms: crude, refined or gas and it constitutes almost 14% of the country’s total imports. Then Germany’s imports focus on vehicles and vehicle parts that together occupy almost 7%.
What are Germany’s main imports and exports?
made up over 50% of German exports: vehicles and vehicle parts (17.5%), machinery (14.8%), chemical products (9.0%) and computer/electrical equipment (8.8%). The main imported goods were vehicles and vehicle parts and computer/electrical equipment (10.8% each), chemical products (8.1%) and machin- ery (8.0%).
What does Germany spend on imports?
In 2020, Germany’s imports amounted to 1,170.79 billion euros….Germany: Value of imports from 2010 to 2020 (in billion U.S. dollars)
| Characteristic | Imports in billion U.S. dollar |
|---|---|
| – | – |
What are government imports?
Taxes or duties; taxes levied by the government on imported goods. Although impost is a generic term, which can be used in reference to all taxes, it is most frequently used interchangeably with CUSTOMS DUTIES.
What is the main export of Germany?
motor vehicles
The main German export product: motor vehicles Accounting for 15.5% motor vehicles and parts thereof of exports, was Germany’s main export product in 2020. Machinery (14.6%) and chemical products (9.3%) ranked second and third, respectively, among the most important export items.
Who is Germany’s biggest export market?
Top 15
- United States: US$118.8 billion (8.6% of Germany’s total exports)
- China: $109.8 billion (8%)
- France: $103.8 billion (7.5%)
- Netherlands: $89.1 billion (6.5%)
- United Kingdom: $76.4 billion (5.5%)
- Poland: $74 billion (5.4%)
- Italy: $69.1 billion (5%)
- Austria: $66.7 billion (4.8%)
Who does Germany import from?
Germany trade balance, exports and imports by country In 2017, Germany major trading partner countries for exports were United States, France, China, United Kingdom and Netherlands and for imports they were China, Netherlands, France, United States and Italy.
What is Germany’s biggest export?
Searchable List of Germany’s Most Valuable Export Products
| Rank | Germany’s Export Product | 2020 Value (US$) |
|---|---|---|
| 1 | Cars | $122,200,241,000 |
| 2 | Medication mixes in dosage | $60,097,726,000 |
| 3 | Automobile parts/accessories | $54,205,949,000 |
| 4 | Blood fractions (including antisera) | $31,827,669,000 |
What are duties in shipping?
Customs Duty is a tariff or tax imposed on goods when transported across international borders. The purpose of Customs Duty is to protect each country’s economy, residents, jobs, environment, etc., by controlling the flow of goods, especially restrictive and prohibited goods, into and out of the country.
What is import duty tax?
Import duty refers to a number of different taxes due on goods purchased from abroad. However, if you purchase goods from abroad, you might need to pay a number of different taxes and duties, depending on the nature of the goods and where you purchased them from.
What is Germany the biggest exporter of?
Searchable List of Germany’s Most Valuable Export Products
| Rank | Germany’s Export Product | Change |
|---|---|---|
| 1 | Cars | -14.8% |
| 2 | Medication mixes in dosage | +6.4% |
| 3 | Automobile parts/accessories | -12.7% |
| 4 | Blood fractions (including antisera) | +12.5% |
What products are manufactured in Germany?
Top 30 Export Products Of Germany
| Rank | Product | Value (millions of USD), 2012 |
|---|---|---|
| 1 | Cars | 148,350 |
| 2 | Vehicle Parts | 54,509 |
| 3 | Pharmaceuticals | 48,170 |
| 4 | Aircraft, Helicopters, and Spacecraft | 32,267 |