Overview In May 2021 Hamburg exported €3.44B and imported €5.37B, resulting in a negative trade balance of €1.93B. Between May 2020 and May 2021 the exports of Hamburg have increased by $1.06B (44.2%) from €2.39B to €3.44B, while imports increased by €622M (13.1%) from €4.75B to €5.37B.
Trade In May 2021, the top exports of Hamburg were Aircraft (€1.66B), Mineral oil products (€248M), Other chemical final products (€92.2M), Semi-finished products of copper and copper... (€85.6M), and Chassis, bodies, engines etc. for motor... (€63.1M). In May 2021 the top imports of Hamburg were Mineral oil products (€451M), Aircraft (€444M), Office and automatic data processing machines (€375M), Copper ores (€188M), and Other semi-finished products (€167M).
Destinations In May 2021, Hamburg exported mostly to China (€392M), United Arab Emirates (€272M), France (€246M), Netherlands (€163M), and Russia (€151M), and imported mostly from China (€821M), United States (€567M), Netherlands (€459M), France (€291M), and Belgium (€222M).
Growth In May 2021, the increase in Hamburg's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates (€252M or 1.25k%), China (€246M or 168%), and Russia (€138M or 1.09k%), and product exports increase in Aircraft (€583M or 54.3%), Mineral oil products (€140M or 130%), and Semi-finished products of copper and copper... (€43.4M or 103%). In May 2021, the increase in Hamburg's year-by-year imports was explained primarily by an increase in imports from Netherlands (€186M or 68.1%), Belgium (€105M or 90.6%), and Bangladesh (€70.7M or 60.7%), and product imports increase in Mineral oil products (€210M or 86.8%), Office and automatic data processing machines (€144M or 62.1%), and Apparel of knitted or crocheted fabrics... (€73.5M or 91.9%).