Germany's industrial textile exports at $1,397 mn in H1 2024

According to Fibre2Fashion's market insight tool TexPro, Germany’s exports of industrial textiles totalled $2,703.325 million in 2023, slightly higher than the $2,639.753 million exported in 2022.

Germany is not only an exporter but also an importer of industrial textiles. Its imports of these products were recorded at $642.967 million in the first half of 2024. This was lower than the imports of $718.788 million in H1 2023 but higher than the imports of $613.831 million in H2 2023. Annually, the country imported industrial textiles worth $1,332.619 million in 2023, higher than the $1,269.965 million imported in 2022.

The United States was the top trading partner for Germany’s exports of industrial textiles, with exports to the US valued at $107.575 million in the first half of the current year. The US share accounted for 7.70 per cent of Germany’s total industrial textile exports. Among the top five markets, exports to Poland stood at $97.599 million (6.99 per cent), Italy $80.398 million (5.76 per cent), China $72.474 million (5.19 per cent), and France $71.341 million (5.11 per cent), according to TexPro.

China was the biggest supplier for Germany’s industrial textile needs, with imports from China valued at $72.678 million, representing 11.30 per cent of total imports between January and June 2024. Imports from Poland were recorded at $60.258 million (9.37 per cent), Switzerland at $59.791 million (9.30 per cent), Italy at $57.985 million (9.02 per cent), and Luxembourg at $51.301 million (7.98 per cent).

Fibre2Fashion News Desk (KUL)