Baden-Württemberg

Overview In January 2024 Baden-Württemberg exported €19.5B and imported €18B, resulting in a positive trade balance of €1.5B. Between January 2023 and January 2024 the exports of Baden-Württemberg have decreased by $-88.9M (-0.45%) from €19.6B to €19.5B, while imports decreased by €-1.54B (-7.89%) from €19.5B to €18B.

Trade In January 2024, the top exports of Baden-Württemberg were Pharmaceutical products (€2.48B), Motor cars and motor caravans (€1.91B), Chassis, bodies, engines etc. for motor... (€1.35B), Other machinery (€1.11B), and Machinery for electricity production, distribution (€1.06B). In January 2024 the top imports of Baden-Württemberg were Basic pharmaceutical products (€1.14B), Motor cars and motor caravans (€1.13B), Chassis, bodies, engines etc. for motor... (€1.13B), Machinery for electricity production, distribution (€1.1B), and Estimations for non-response (€1.04B).

Destinations In January 2024, Baden-Württemberg exported mostly to United States (€2.49B), France (€1.62B), Switzerland (€1.61B), Netherlands (€1.51B), and China (€1.23B), and imported mostly from United States (€1.81B), Switzerland (€1.52B), China (€1.47B), Italy (€1.35B), and France (€1.11B).

Growth In January 2024, the decrease in Baden-Württemberg's year-by-year exports was explained primarily by an decrease in exports to Russia (€-196M or -67.2%), Japan (€-56.2M or -15.1%), and Spain (€-50.7M or -12.9%), and product exports decrease in Motor cars and motor caravans (€-244M or -8.48%), Other semi-finished products (€-231M or -37.3%), and Waste and scrap of iron or... (€-53.3M or -51%). In January 2024, the decrease in Baden-Württemberg's year-by-year imports was explained primarily by an decrease in imports from Russia (€-333M or -93.7%), Slovakia (€-276M or -60.1%), and China (€-141M or -6.8%), and product imports decrease in Pharmaceutical products (€-590M or -33.5%), Office and automatic data processing machines (€-208M or -33.4%), and Gold for industrial purposes (€-140M or -55.5%).