Hesse

Overview In October 2024 Hesse exported €6.65B and imported €11B, resulting in a negative trade balance of €4.36B. Between October 2023 and October 2024 the exports of Hesse have increased by $285M (4.48%) from €6.36B to €6.65B, while imports increased by €425M (4.01%) from €10.6B to €11B.

Trade In October 2024, the top exports of Hesse were Pharmaceutical products (€918M), Chassis, bodies, engines etc. for motor... (€420M), Machinery for electricity production, distribution (€323M), Estimations for non-response (€322M), and Other prefabricated chemicals (€309M). In October 2024 the top imports of Hesse were Pharmaceutical products (€1.52B), Telecommunication devices and apparatus (€868M), Estimations for non-response (€589M), Motor cars and motor caravans (€518M), and Machinery for electricity production, distribution (€440M).

Destinations In October 2024, Hesse exported mostly to United States (€674M), France (€501M), Poland (€447M), Italy (€380M), and China (€376M), and imported mostly from China (€1.49B), United States (€1.32B), France (€763M), Switzerland (€737M), and Netherlands (€596M).

Growth In October 2024, the increase in Hesse's year-by-year exports was explained primarily by an increase in exports to United States (€38.3M or 6.02%), Hungary (€34.8M or 25%), and Poland (€32.3M or 7.78%), and product exports increase in Estimations for non-response (€158M or 96.5%), Pharmaceutical products (€133M or 16.9%), and Other electric machinery, apparatus and appliances (€34.9M or 51.3%). In October 2024, the increase in Hesse's year-by-year imports was explained primarily by an increase in imports from United States (€268M or 25.6%), China (€177M or 13.4%), and Switzerland (€157M or 27.1%), and product imports increase in Pharmaceutical products (€269M or 21.5%), Estimations for non-response (€164M or 38.7%), and Other end products (€138M or 93.1%).