Germany's largest import partners
Germany's largest import partners
EU member states: Because Germany is an EU member, the exchange of goods between this country and other EU members has always remained high. In 2020, EU members made up 8 of Germany's top 10 import partners (Table 9) - this is also because 7/8 of those members (except Italy) share borders with Germany. Currently, Germany's import value from these 7 neighboring countries accounts for 34.7% of the country's total imports.
China, the US: Apart from EU member countries, these are the only two non-EU countries listed in the top 10 of Germany's largest import sources in 2020. In which, import value from China was USD 133.15 billion (accounting for 11.36%) and from the US was USD 77.34 billion (accounting for 6.6%).
Germany's largest import partners currently dominate this country's import market for the majority of goods. These are the main competitors of Vietnam when exporting to the German market.
Table: Top 10 importing countries of Germany in 2020
|
No |
Import partners |
Import value (USD billion) |
Proportion in Germany's total imports |
|
1 |
China |
133.15 |
11.36% |
|
2 |
Netherlands |
89.83 |
7.67% |
|
3 |
The US |
77.34 |
6.60% |
|
4 |
Poland |
66.73 |
5.70% |
|
5 |
France |
64.51 |
5.51% |
|
6 |
Italy |
61.67 |
5.26% |
|
7 |
Switzerland |
52.36 |
4.47% |
|
8 |
Czech Republic |
49.80 |
4.25% |
|
9 |
Austria |
44.31 |
3.78% |
|
10 |
Belgium |
39.33 |
3.36% |
Source: ITC TradeMap, 2021
Source: "Business Handbook: Exploiting the EVFTA to import and export goods between Vietnam and Germany" - Center for WTO and International Trade
