The Federal Republic of the United States and Germany has been trading different products within themselves for the past few years to play a crucial role in driving global economic growth. Both countries have long ties of trade when it comes to the bilateral exchange of products, ranging from industrial and agricultural commodities to several other domestic necessities that maintain sustainable trade growth the country has been trading different exports and imports for a suitable annual trade revenue generation in 2023. The bilateral trade exchange between the countries has gained a hike from 2022 worth a value of 207.9 billion US dollars.

The strong economic ties of the nation and the substantial market value along with complementary industries, innovation in technology, and bilateral investment with top trading companies of the nation promote the bilateral trade. The import and export value of the USA to Germany in 2023 stands at a value of 130 billion US dollars and 145 billion US dollars whereas the import and export value of Germany to the US stands at a staggering value of 150 billion US dollars and 175 billion US dollars.

Key Trade Statistics of USA and Germany in 2023

• Machinery and Electrical equipment dominate the exports of the USA to Germany in 2023 with a value of 22 billion US dollars.

• Motor Vehicles dominate the export of Germany to the USA in 2023 with a value of 36.9 billion US dollars.

• Valuation of exports from the USA to Germany in 2023 is 145 billion US dollars.

• Valuation of exports from Germany to the USA in 2023 is 175 billion US dollars.

What Are the Top USA Exports to Germany in 2023?

According to the USA Export Data, the top exported products of the United States of America to Germany in 2023 with its export trade values are discussed below,

• Machinery and Electrical Equipment – Valuation of Machinery and electrical equipment export from the USA to Germany in 2023 – 22 billion US dollars.

• Vehicles – Valuation of Vehicles exported from USA to Germany in 2023 – 18 billion US dollars.

• Pharmaceuticals – Valuation of Pharmaceuticals export from USA to Germany in 2023 – 12 billion US dollars.

• Optical and Medical Instruments – Valuation of Optical and medical instruments export from USA to Germany in 2023 – 10 billion US dollars.

• Aircraft – Valuation of Aircraft export from USA to Germany in 2023 – 9 billion US dollars.

• Plastics – Valuation of Plastics exported from USA to Germany in 2023 – 8 billion US dollars.

• Organic Chemicals – Valuation of Organic chemicals export from the USA to Germany in 2023 – 7 billion US dollars.

• Optical and Photographic Equipment– Valuation of Optical and photographic equipment export from USA to Germany in 2023 – 5 billion US dollars.

• Mineral Fuels and Oils – Valuation of Mineral fuels and oils export from USA to Germany in 2023 – 4 billion US dollars.

• Iron and Steel – Valuation of Iron and steel export from USA to Germany in 2023 – 2 billion US dollars.

What Are the Top German Exports to the USA in 2023?

The Germany Export Data enlists the below-mentioned products as the top exports of the nation in 2023,

• Motor vehicles – Valuation of Motor vehicles exports from Germany to the USA in 2023 – 36.9 billion US dollars.

• Machinery – Valuation of Machinery exports from Germany to the USA in 2023 –26 billion US dollars.

• Pharmaceuticals – Valuation of Pharmaceuticals exports from Germany to the USA in 2023 – 22 billion US dollars.

• Electrical Machinery – Valuation of Electrical machinery exports from Germany to the USA in 2023 – 18 billion US dollars.

• Optical Equipment – Valuation of Optical equipment exports from Germany to the USA in 2023 – 12 billion US dollars.

• Plastics – Valuation of Plastics exports from Germany to the USA in 2023 – 10 billion US dollars.

• Organic Chemicals – Valuation of Organic chemicals exports from Germany to the USA in 2023 – 9 billion US dollars.

• Iron and Steel Products – Valuation of Iron and steel products exports from Germany to the USA in 2023 – 8 billion US dollars.

• Furniture – Valuation of Furniture exports from Germany to the USA in 2023 – 7 billion US dollars.

• Aircraft Parts – Valuation of Aircraft parts exports from Germany to the USA in 2023 – 6 billion US dollars.

Top 10 Ports of USA and Germany Facilitating the Trades in 2023

According to the USA Customs Data and Germany Customs Data, the top 10 ports that facilitate the trade between the USA and Germany in 2023 are,

PORTS OF USA

• Port of Los Angeles
Location - Los Angeles, California
Volume of goods - 9 million TEUs

• Port of Long Beach
Location - Long Beach, California
Volume of goods - 8 million TEUs

• Port of New York and New Jersey
Location - New York/New Jersey
Volume of goods - 7.5 million TEUs

• Port of Savannah
Location - Savannah, Georgia
Volume of goods - 4.5 million TEUs

• Port of Houston
Location - Houston, Texas
Volume of goods - 3 million TEUs

PORTS OF GERMANY

• Port of Hamburg
Location - Hamburg
Volume of goods - 8.5 million TEUs

• Port of Bremen/Bremerhaven
Location - Bremen/Bremerhaven
Volume of goods - 5 million TEUs

• Port of Wilhelmshaven
Location - Wilhelmshaven
Volume of goods - 5 million TEUs

• Port of Duisburg
Location - Duisburg
Volume of goods - 0.5 million TEUs

• Port of Kiel
Location - Kiel
Volume of goods - 0.3 million TEUs

FAQ’s

Que. What is the top export of the USA to Germany in 2023?
Ans. The top exports of the USA to Germany in 2023 are Machinery and electrical equipment.

Que. What is the top export of Germany to the USA in 2023?
Ans. Motor vehicles are the top export of Germany to the USA in 2023.

Que. What is the export trade value of the USA to Germany in 2023?
Ans. The export trade value of the USA to Germany in 2023 is 145 billion US dollars.

Que. Where can you get a detailed trade analysis of the USA and Germany in 2023?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of the USA and Germany in 2023.

www.importglobals.com ; info@importglobals.com