Hesse

Overview In August 2024 Hesse exported €6.15B and imported €9.43B, resulting in a negative trade balance of €3.28B. Between August 2023 and August 2024 the exports of Hesse have decreased by $-112M (-1.78%) from €6.26B to €6.15B, while imports increased by €191M (2.06%) from €9.24B to €9.43B.

Trade In August 2024, the top exports of Hesse were Pharmaceutical products (€851M), Chassis, bodies, engines etc. for motor... (€347M), Machinery for electricity production, distribution (€339M), Other prefabricated chemicals (€275M), and Estimations for non-response (€274M). In August 2024 the top imports of Hesse were Pharmaceutical products (€1.19B), Aircraft (€529M), Motor cars and motor caravans (€422M), Estimations for non-response (€406M), and Machinery for electricity production, distribution (€390M).

Destinations In August 2024, Hesse exported mostly to United States (€763M), France (€442M), Poland (€413M), Netherlands (€390M), and China (€307M), and imported mostly from United States (€1.48B), China (€961M), Netherlands (€666M), France (€610M), and Switzerland (€568M).

Growth In August 2024, the decrease in Hesse's year-by-year exports was explained primarily by an decrease in exports to Austria (€-60.9M or -18.8%), France (€-55.2M or -11.1%), and Spain (€-40.7M or -20.4%), and product exports decrease in Pharmaceutical products (€-186M or -17.9%), Gold for industrial purposes (€-67.1M or -86%), and Measuring and automatical control instruments (€-45.9M or -19.4%). In August 2024, the increase in Hesse's year-by-year imports was explained primarily by an increase in imports from United States (€482M or 48.2%), Netherlands (€212M or 46.6%), and China (€108M or 12.7%), and product imports increase in Aircraft (€430M or 436%), Mineral oil products (€246M or 199%), and Television, radio receivers, sound, video recorder (€53.9M or 164%).