Foreign Countries

Overview In August 2024 Foreign Countries exported €28.5B and imported €2.67B, resulting in a positive trade balance of €25.8B. Between August 2023 and August 2024 the exports of Foreign Countries have increased by $79.1M (0.28%) from €28.4B to €28.5B, while imports decreased by €-150M (-5.33%) from €2.82B to €2.67B.

Trade In August 2024, the top exports of Foreign Countries were Pharmaceutical products (€4.1B), Machinery for electricity production, distribution (€1.96B), Motor cars and motor caravans (€1.74B), Chassis, bodies, engines etc. for motor... (€1.49B), and Electronic devices (€1.24B). In August 2024 the top imports of Foreign Countries were Electronic devices (€274M), Office and automatic data processing machines (€137M), Machinery for electricity production, distribution (€128M), Estimations for non-response (€124M), and Articles of plastic (€78.3M).

Destinations In August 2024, Foreign Countries exported mostly to United States (€2.91B), Poland (€2.17B), China (€2.03B), France (€1.94B), and Netherlands (€1.77B), and imported mostly from China (€574M), Switzerland (€459M), United States (€110M), Italy (€99.1M), and Netherlands (€93.6M).

Growth In August 2024, the increase in Foreign Countries's year-by-year exports was explained primarily by an increase in exports to Japan (€743M or 220%), United States (€457M or 18.6%), and Poland (€166M or 8.26%), and product exports increase in Pharmaceutical products (€1.39B or 51.3%), Estimations for non-response (€473M or 82.9%), and Cocoa and cocoa products (€105M or 142%). In August 2024, the decrease in Foreign Countries's year-by-year imports was explained primarily by an decrease in imports from South Korea (€-46.7M or -54.6%), Malaysia (€-44.7M or -39.3%), and Switzerland (€-29.7M or -6.08%), and product imports decrease in Electronic devices (€-109M or -28.4%), Other machinery (€-42M or -35%), and Buses (€-19.6M or -98%).