Overview In October 2024 Bavaria exported €19.3B and imported €20.4B, resulting in a negative trade balance of €1.05B. Between October 2023 and October 2024 the exports of Bavaria have decreased by $-472M (-2.38%) from €19.8B to €19.3B, while imports decreased by €-262M (-1.27%) from €20.7B to €20.4B.
Trade In October 2024, the top exports of Bavaria were Motor cars and motor caravans (€3.6B), Machinery for electricity production, distribution (€1.13B), Chassis, bodies, engines etc. for motor... (€1.08B), Other machinery (€906M), and Estimations for non-response (€900M). In October 2024 the top imports of Bavaria were Machinery for electricity production, distribution (€1.64B), Chassis, bodies, engines etc. for motor... (€1.52B), Estimations for non-response (€1.38B), Electronic devices (€1.16B), and Motor cars and motor caravans (€1B).
Destinations In October 2024, Bavaria exported mostly to United States (€2.55B), Austria (€1.51B), France (€1.29B), Italy (€1.23B), and China (€1.12B), and imported mostly from China (€3.01B), Austria (€1.55B), Czechia (€1.48B), Italy (€1.22B), and Poland (€1.17B).
Growth In October 2024, the decrease in Bavaria's year-by-year exports was explained primarily by an decrease in exports to China (€-264M or -19%), Netherlands (€-175M or -18.1%), and United States (€-143M or -5.31%), and product exports decrease in Motor cars and motor caravans (€-575M or -13.8%), Machinery for electricity production, distribution (€-306M or -21.3%), and Chassis, bodies, engines etc. for motor... (€-166M or -13.4%). In October 2024, the decrease in Bavaria's year-by-year imports was explained primarily by an decrease in imports from Libya (€-185M or -83.9%), United States (€-133M or -10.6%), and United Kingdom (€-126M or -24%), and product imports decrease in Motor cars and motor caravans (€-594M or -37.2%), Machinery for electricity production, distribution (€-242M or -12.9%), and Electronic devices (€-136M or -10.5%).