Over 9% of Germany's sea imports are routed through the Red Sea
German Foreign Trade Dependent on Six Central Maritime Bottlenecks, According to New Report
A new study commissioned by the Federal Ministry of Economics and Energy has revealed the dependence of German imports and exports on six central maritime bottlenecks. The report, conducted by the ifo Institute and the University of Düsseldorf, does not necessarily reflect the views of the Federal Ministry of Economics and Energy or the Minister.
The main German maritime overseas import ports include the Port of Bremerhaven, the second largest German port and fourth largest container port in Northern Europe, the ports of Bremen, and Hamburg. These ports handle large volumes of containerized and breakbulk goods. Hamburg is supported by connections to feeder ports like Neustädter Hafen and the Jade-Weser-Port in Wilhelmshaven, ensuring efficient import flows through Northern European maritime routes.
The report quantifies the dependence of German imports and exports on six central maritime bottlenecks: the Hormuz Strait, the Bab al-Mandab Strait, the Malacca Strait, the Taiwan Strait, the Suez Canal, and the Panama Canal.
The share of German imports that arrive via the Malacca Strait is 8.7%, while the share of imports arriving via the Taiwan Strait is 7.1%. However, the report does not state any new information about the share of German imports that arrive via the Red Sea, Hormuz Strait, Suez Canal, or Panama Canal.
A significant portion of critical raw materials and important industrial intermediate products arrive in Germany via the Red Sea. However, the report does not state any new information about the critical raw materials or industrial intermediate products that arrive in Germany via the Red Sea, Malacca Strait, Taiwan Strait, Hormuz Strait, Suez Canal, or Panama Canal.
The significance of the Hormuz Strait for German foreign trade is relatively low, with only 0.4% of all imports in 2023. The significance of the Panama Canal for German foreign trade is also low, with only 0.5% of all imports in 2023. The trade volume of German imports via the Red Sea was 136 billion euros in 2023, according to the report.
The report does not state any new information about the potential economic consequences of blockades or disruptions of these sea routes for Germany. The views expressed in the report do not necessarily reflect the views of the Federal Ministry of Economics and Energy or the Minister.
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