Bavaria

Overview In December 2022 Bavaria exported €17.7B and imported €20.1B, resulting in a negative trade balance of €2.39B. Between December 2021 and December 2022 the exports of Bavaria have increased by $1.97B (12.6%) from €15.7B to €17.7B, while imports increased by €588M (3.02%) from €19.5B to €20.1B.

Trade In December 2022, the top exports of Bavaria were Motor cars and motor caravans (€3.25B), Machinery for electricity production, distribution (€1.24B), Chassis, bodies, engines etc. for motor... (€929M), Other machinery (€920M), and Measuring and automatical control instruments (€591M). In December 2022 the top imports of Bavaria were Motor cars and motor caravans (€1.81B), Machinery for electricity production, distribution (€1.63B), Electronic devices (€1.42B), Chassis, bodies, engines etc. for motor... (€1.18B), and Petroleum oil and petroleum gases (€1.06B).

Destinations In December 2022, Bavaria exported mostly to United States (€2.24B), Austria (€1.46B), France (€1.19B), Italy (€1.14B), and Poland (€790M), and imported mostly from Austria (€1.51B), United States (€1.39B), Italy (€1.03B), Poland (€1.02B), and Netherlands (€994M).

Growth In December 2022, the increase in Bavaria's year-by-year exports was explained primarily by an increase in exports to United States (€350M or 27.5%), Austria (€190M or 19.1%), and United Kingdom (€180M or 29.4%), and product exports increase in Motor cars and motor caravans (€362M or 20.4%), Other raw materials inclusive waste (€112M or 854%), and Other prefabricated chemicals (€108M or 60.8%). In December 2022, the increase in Bavaria's year-by-year imports was explained primarily by an increase in imports from Kazakhstan (€225M or 162%), Russia (€194M or 25.5%), and United States (€146M or 18.6%), and product imports increase in Petroleum oil and petroleum gases (€631M or 58.7%), Electronic devices (€367M or 48.5%), and Machinery for electricity production, distribution (€323M or 27.4%).