Lubricating Oils Export of Germany: The in-depth Trade Overview of 2024

Lubricating oils, a category of petroleum-based or synthetic oils, are used in various industrial sectors to reduce friction, wear, and heat between moving parts. The specific commodity is the top preference of the globally leading traders at present, mainly due to the universal industrial necessity and the continuous and repeated consumption. The uneven global production capacity, accompanied by the growth in global transportation and industry, has maintained continuity in global trade. Germany Import Data says, the country in Central Europe, bordered by Denmark and Poland in the north and east direction, is a significant contributor to the worldwide export market of lubricating oils, mainly because of the large and advanced petroleum refining capacity and the world-leading domestic lubricant company.

The high automation and process efficiency in plants, along with the consistent product quality and reliability, have resulted in a total valuation of lubricating oils exported from the country worth 3.19 billion US dollars in 2024. The strong R&D in synthetic and semi-synthetic lubricants and the innovation in low-viscosity and fuel-efficient oils have benefited the overall trade revenue. Subscribe to Import Globals, the leading Germany import export trade provider, to stay updated with the latest information regarding the lubricating oils export of the nation via the Germany trade data.

GOVERNMENT INITIATIVES SUPPORTING THE EXPORT OF LUBRICATING OILS FROM GERMANY IN 2024

The export credit guarantees have reduced the financial risk for lubricants and other goods exporters. It has even expanded the difficult markets of the country while encouraging larger export deals. The Global Export Support Programme has helped the lubricant producers find new export opportunities while getting proper access to the trade fairs.

The foreign trade fair programme has provided lubricant manufacturers and industrial producers with cost-effective global exposure while facilitating the business context. The bilateral trade and investment support measures have created a stable framework for foreign market activities while enabling the domestic authorities to export lubricating oils for proper operation with reduced legal uncertainty.

TOP VARIANTS OF LUBRICATING OILS EXPORTED FROM GERMANY IN 2024

Germany, due to its world-class automotive industry and leadership in industrial and specialty lubricants, has actively reported a divergent variance of its domestic productivity in the global trade output. As per the Germany Export Data, the topmost variants of lubricating oils exported from the nation in 2024 are,

  • Engine oils — The annual valuation of Engine oils exported from Germany in 2024–1.2 billion US dollars
  • Diesel engine oils- The annual valuation of Diesel engine oils exported from Germany in 2024–929 million US dollars
  • Gear oils- The annual valuation of Gear oils exported from Germany in 2024–715 million US dollars
  • Hydraulic oils- The annual valuation of Hydraulic oils exported from Germany in 2024–642 million US dollars
  • Industrial machine lubricants- The annual valuation of Industrial machine lubricants exported from Germany in 2024–525 million US dollars
  • Turbine oils- The annual valuation of Turbine oils exported from Germany in 2024–428 million US dollars
  • Marine lubricants- The annual valuation of Marine lubricants exported from Germany in 2024–365 million US dollars
  • Synthetic high-performance lubricants- The annual valuation of Synthetic high-performance lubricants exported from Germany in 2024–276 million US dollars
  • Bio-based/eco-friendly lubricants- The annual valuation of Bio-based/eco-friendly lubricants exported from Germany in 2024–225 million US dollars
  • Greases- The annual valuation of Greases exported from Germany in 2024–187 million US dollars

TOP TRADE PARTNERS OF GERMANY IN 2024

The digitalization and lubricant formulation, accompanied by the patent lubricant technologies, have benefited the export relationship of the country with the topmost investing regions. According to the Germany Customs Data, the topmost trade partners benefiting the lubricating oils export economy of the nation in 2024 are,

  • United States — The total valuation of lubricating oils exported from Germany to United States in 2024–1.21 billion US dollars

Top 5 variants of lubricating oils exported

  • Synthetic marine oil
  • Two-stroke engine oil
  • Four-stroke engine oil
  • Outboard motor oil
  • Ship auxiliary engine oil
  • France- The total valuation of lubricating oils exported from Germany to France in 2024–892 million US dollars

Top 5 variants of lubricating oils exported

  • Marine diesel engine oil
  • Marine turbine oil
  • Hydraulic oil for ships
  • Greases for marine use
  • Bio-lubricants for marine engines
  • Netherlands- The total valuation of lubricating oils exported from Germany to the Netherlands in 2024–755 million US dollars

Top 5 variants of lubricating oils exported

  • Heat transfer oil
  • Steam turbine oil
  • Air compressor oil
  • Vacuum pump oil
  • Refrigeration compressor oil
  • Poland- The total valuation of lubricating oils exported from Germany to Poland in 2024–628 million US dollars

Top 5 variants of lubricating oils exported

  • Compressor oil
  • Turbine oil
  • Circulating oil
  • Machine tool oil
  • Electric motor bearing oil
  • China- The total valuation of lubricating oils exported from Germany to China in 2024–546 million US dollars

Top 5 variants of lubricating oils exported

  • Anti-wear hydraulic oil
  • High-temperature hydraulic oil
  • Synthetic hydraulic oil
  • Low-viscosity hydraulic oil
  • Automotive hydraulic oil
  • Italy- The total valuation of lubricating oils exported from Germany to Italy in 2024–478 million US dollars

Top 5 variants of lubricating oils exported

  • Fire-resistant hydraulic oil
  • Biodegradable hydraulic oil
  • Anti-wear hydraulic oil
  • High-temperature hydraulic oil
  • Synthetic hydraulic oil
  • United Kingdom- The total valuation of lubricating oils exported from Germany to United Kingdom in 2024–392 million US dollars

Top 5 variants of lubricating oils exported

  • EP (extreme pressure) gear oil
  • Tractor gear oil
  • Marine gear oil
  • Industrial gear oil
  • Multi-grade gear oil
  • Austria- The total valuation of lubricating oils exported from Germany to Austria in 2024–287 million US dollars

Top 5 variants of lubricating oils exported

  • Manual transmission oil
  • Automatic transmission fluid (ATF)
  • Dual-clutch transmission oil
  • Hypoid gear oil
  • Synthetic gear oil
  • Switzerland- The total valuation of lubricating oils exported from Germany to Switzerland in 2024–265 million US dollars

Top 5 variants of lubricating oils exported

  • Turbocharged engine oil
  • Performance racing oil
  • Low-friction engine oil
  • Long-life engine oil
  • OEM-approved engine oil
  • Belgium- The total valuation of lubricating oils exported from Germany to Belgium in 2024–221 million US dollars

Top 5 variants of lubricating oils exported

  • Synthetic motor oil
  • Semi-synthetic motor oil
  • Diesel engine oil
  • Petrol engine oil
  • High-mileage engine oil

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