Overview In August 2022 Bavaria exported €17.5B and imported €20.1B, resulting in a negative trade balance of €2.67B. Between August 2021 and August 2022 the exports of Bavaria have increased by $3.45B (24.6%) from €14B to €17.5B, while imports increased by €4.5B (28.8%) from €15.6B to €20.1B.
Trade In August 2022, the top exports of Bavaria were Motor cars and motor caravans (€2.17B), Machinery for electricity production, distribution (€1.33B), Chassis, bodies, engines etc. for motor... (€1.02B), Other machinery (€766M), and Measuring and automatical control instruments (€591M). In August 2022 the top imports of Bavaria were Petroleum oil and petroleum gases (€1.64B), Machinery for electricity production, distribution (€1.63B), Electronic devices (€1.5B), Chassis, bodies, engines etc. for motor... (€984M), and Motor cars and motor caravans (€941M).
Destinations In August 2022, Bavaria exported mostly to United States (€2.08B), Austria (€1.78B), France (€1.06B), Italy (€916M), and United Kingdom (€811M), and imported mostly from Austria (€1.51B), United States (€1.34B), Italy (€1.03B), Netherlands (€1.01B), and Poland (€995M).
Growth In August 2022, the increase in Bavaria's year-by-year exports was explained primarily by an increase in exports to China (€119M or 10.1%), Spain (€41.6M or 13.2%), and Norway (€16.8M or 30%), and product exports increase in Pharmaceutical products (€88.2M or 34.3%), Machinery for electricity production, distribution (€45.7M or 4.93%), and Waste and scrap of iron or... (€13.6M or 71%). In August 2022, the increase in Bavaria's year-by-year imports was explained primarily by an increase in imports from Russia (€319M or 71.9%), Poland (€150M or 14.2%), and Netherlands (€139M or 18.1%), and product imports increase in Motor cars and motor caravans (€179M or 32.2%), Office and automatic data processing machines (€146M or 22%), and Machinery for electricity production, distribution (€117M or 11%).