Exporter Rank

9 / 138

Importer Rank

5 / 138

Trade Balance Rank

135 / 138

Total Trade [1]

Total Exports (2021) $585,148,036,598
Total Imports (2021) $714,842,314,539
Trade Balance (2021) ($129,694,277,941)
Exports of goods and services (% of GDP) (2022) [2] 34.01%
Imports of goods and services (% of GDP) (2022) [2] 38.13%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Germany $81,694,503,962
Italy $46,408,986,315
Belgium $44,709,302,152
Spain $43,452,925,167
United States $41,245,872,234
United Kingdom $33,291,812,308
China $28,338,750,917
Netherlands $23,637,501,260
Switzerland $20,067,522,508
Poland $14,178,073,658

Import Partners

Top 10 Import Countries

Country Import USD$
Germany $119,891,004,421
Belgium $76,280,898,558
Netherlands $63,547,978,666
Italy $59,444,237,967
Spain $55,979,327,551
China $48,193,666,231
United States $31,088,696,278
United Kingdom $23,397,921,949
Switzerland $18,950,897,301
Poland $17,348,519,330

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(84) Industrial Machinery $62,882,561,653
(87) Motor Vehicles & Parts $51,123,137,057
(85) Electrical Machinery $45,277,187,742
(30) Pharmaceuticals $39,027,664,803
(88) Aircraft $31,068,153,809
(39) Plastics $25,735,910,828
(22) Beverages $22,645,329,225
(33) Cosmetics $22,007,839,174
(27) Oil & Mineral Fuels $19,874,293,362
(72) Iron & Steel $18,059,486,614

Top 10 Import Goods

HS Code Import USD$
(84) Industrial Machinery $85,500,057,936
(87) Motor Vehicles & Parts $76,225,038,194
(27) Oil & Mineral Fuels $71,771,668,896
(85) Electrical Machinery $64,981,309,402
(30) Pharmaceuticals $34,000,454,991
(39) Plastics $29,984,486,553
(90) Precision Instruments $23,607,197,399
(29) Organic Chemicals $16,631,907,197
(72) Iron & Steel $15,413,567,460
(73) Iron & Steel Articles $14,842,526,980

Sources:

  1. UN Comtrade (2021) except where stated otherwise.
  2. The World Bank. Accessed: 10/8/2023
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