Electrical machinery is right now one of the most crucial players among the top globally sought-after commodities because of its diversifying applications in different industries like power generation industries, transport industries, and construction sectors. The growing import demographics of the globally growing nation Germany shows that the domestic acquired necessity of electrical machinery and equipment in the country has risen due to several factors like High Demand for Advanced Technology, Electrification of the Automotive Industry, Energy Transition, Modernization of Industrial Processes, Supply Chain Diversification, Increased Demand for Consumer Electronics and Electricity Grid Modernization.
Due to the rising acquired necessities of the country’s machinery requirements, the government authority has started importing different products from some of the top traders across the world which has resulted in an import value of 280 billion US dollars of electrical machinery and equipment in 2023. The import of such products has a number of positive effects on the country’s economy which include Support for the Automotive Transition to Electric Vehicles, Increased Innovation and Competitiveness, Energy Transition and Sustainability Goals, Job Creation, and Workforce Development.
According to the Germany Trade Data, the top 10 electrical machinery and equipment import of Germany in 2023 are discussed below,
1. Semiconductors and Integrated Circuits – Market Value – 22 billion US dollars.
2. Industrial Automation Components – Market Value – 18 billion US dollars.
3. Electric Motors and Drives – Market Value – 15 billion US dollars.
4. Electrical Switchgear and Control Gear – Market Value – 12 billion US dollars.
5. Power Transformers and Distribution Equipment– Market Value – 10 billion US dollars.
6. Medical and Diagnostic Equipment– Market Value – 8 billion US dollars.
7. Telecommunications Equipment – Market Value – 6 billion US dollars.
8. Energy Management Systems and Smart Grid Technologies – Market Value – 5 billion US dollars.
9. Optical and Imaging Equipment – Market Value – 3 billion US dollars.
10. Power Generation Equipment – Market Value – 2 billion US dollars.
To fulfill the rising domestic necessities of electrical machinery and equipment, the trade authorities and the top industries of Germany have started importing machinery and equipment from some of the top traders across the world. According to the Germany Import Data, the top import destinations of the nation in 2023 with its valuations of imports are discussed below,
1. China – According to the China Customs Data, valuations of electrical machinery and equipment import in 2023 – 68 billion US dollars
Variations of Imports
A. Semiconductors and Integrated Circuits
B. Electric Motors and Generators
C. Electrical Transformers and Power Distribution Equipment
D. Printed Circuit Boards
E. Battery Technology and Energy Storage Systems
2. United States – According to the USA Customs Data, valuations of electrical machinery and equipment import in 2023 – 33 billion US dollars.
Variations of Imports
A. Semiconductors and Microchips
B. Industrial Automation Equipment
C. Aerospace and Defense Electronics
D. Medical Equipment and Diagnostic Devices
E. Renewable Energy Equipment
3. Netherlands – According to the Netherlands Customs Data, valuations of electrical machinery and equipment import in 2023 – 22 billion US dollars
Variations of Imports
A. Semiconductors and Electronic Components
B. Industrial Automation Systems
C. Energy Management and Smart Grid Technologies
D. Medical and Diagnostic Equipment
E. Telecommunications Equipment
4. Italy – According to the Italy Customs Data, valuations of electrical machinery and equipment import in 2023 – 20 billion US dollars
Variations of Imports
A. Industrial Automation Equipment
B. Power Generation and Distribution Equipment
C. Electrical Drives and Motors
D. Telecommunications Equipment
E. Lighting Systems and Equipment
5. CZECH Republic – According to the CZECH Republic Customs Data, valuations of electrical machinery and equipment import in 2023 – 18 billion US dollars
Variations of Imports
A. Electrical Switchgear and Circuit Breakers
B. Electric Motors and Drives
C. Transformers and Power Supplies
D. Industrial Automation Components
E. Telecommunication equipment
6. France – According to the France Customs Data, valuations of electrical machinery and equipment import in 2023 – 17 billion US dollars
Variations of Imports
A. Electrical Power Equipment
B. Industrial Automation Systems
C. Energy Storage Solutions
D. Telecommunications Equipment
E. Medical and Diagnostic Equipment
7. Austria – According to the Austria Customs Data, valuations of electrical machinery and equipment import in 2023 – 16 billion US dollars
Variations of Imports
A. Industrial Automation Equipment
B. Power Transformers
C. Electrical Switchgear and Control Gear
D. Medical and Diagnostic Equipment
E. Energy Management Systems
8. Japan – According to the Japan Customs Data, valuations of electrical machinery and equipment import in 2023 – 15 billion US dollars.
Variations of Imports
A. Semiconductors and Integrated Circuits
B. Industrial Robots and Automation Equipment
C. High-Performance Electric Motors and Drives
D. Optical and Imaging Equipment
E. Power Generation and Distribution Equipment
9. Switzerland – According to the Switzerland Customs Data, valuations of electrical machinery and equipment import in 2023 – 14 billion US dollars.
Variations of Imports
A. Industrial Automation and Control Systems
B. High-Precision Measurement Instruments
C. Power Electronics and Drives
D. Medical and Diagnostic Equipment
E. Telecommunications Equipment
10. Poland – According to the Poland Customs Data, valuations of electrical machinery and equipment import in 2023 – 12 billion US dollars.
Variations of Imports
A. Electrical Switchgear and Distribution Equipment
B. Industrial Automation Components
C. Electric Motors and Drives
D. Lighting Systems and Equipment
E. Power Generation Equipment
• Import Trade Value of Electrical Machineries and Equipments in Germany 2013 – 160 billion US dollars.
• Import Trade Value of Electrical Machineries and Equipments in Germany 2014 - 158 billion US dollars.
• Import Trade Value of Electrical Machineries and Equipments in Germany 2015 – 145 billion US dollars.
• Import Trade Value of Electrical Machineries and Equipments in Germany 2016 – 120 billion US dollars.
• Import Trade Value of Electrical Machineries and Equipments in Germany 2017 – 180 billion US dollars.
• Import Trade Value of Electrical Machineries and Equipments in Germany 2018 – 200 billion US dollars.
• Import Trade Value of Electrical Machineries and Equipments in Germany 2019 – 240 billion US dollars.
• Import Trade Value of Electrical Machineries and Equipments in Germany 2020 – 210 billion US dollars.
• Import Trade Value of Electrical Machineries and Equipments in Germany 2021 – 238 billion US dollars.
• Import Trade Value of Electrical Machineries and Equipments in Germany 2022 – 258 billion US dollars.
Que. What is the import value of electrical machinery and equipment imports of Germany in 2023?
Ans. The import value of electrical machinery and equipment import of Germany in 2023 is 280 billion US dollars.
Que. What is the top electrical machinery and equipment import of Germany in 2023?
Ans. Semiconductors and Integrated Circuits are the top electrical machinery and equipment import of Germany in 2023.
Que. Where can you get the detailed trade analysis of Electrical machinery and equipment import of Germany in 2023?
Ans. At Import Globals, you can get a detailed trade analysis of electrical machinery and equipments import of Germany in 2023.