Overview In June 2021 Hesse exported €5.93B and imported €10.3B, resulting in a negative trade balance of €4.37B. Between June 2020 and June 2021 the exports of Hesse have increased by $1.27B (27.3%) from €4.66B to €5.93B, while imports increased by €2.66B (34.8%) from €7.64B to €10.3B.
Trade In June 2021, the top exports of Hesse were Pharmaceutical products (€739M), Other prefabricated chemicals (€415M), Other semi-finished products (€409M), Other machinery (€286M), and Other chemical final products (€274M). In June 2021 the top imports of Hesse were Other semi-finished products (€1.09B), Pharmaceutical products (€937M), Medical, surgical equipment, orthopaedic apparatus (€394M), Office and automatic data processing machines (€378M), and Estimations for non-response (€372M).
Destinations In June 2021, Hesse exported mostly to United States (€886M), France (€453M), Austria (€368M), China (€332M), and Poland (€325M), and imported mostly from United States (€1.19B), China (€1.07B), Belgium (€716M), France (€649M), and Switzerland (€607M).
Growth In June 2021, the increase in Hesse's year-by-year exports was explained primarily by an increase in exports to United States (€369M or 71.6%), France (€130M or 40.2%), and Poland (€109M or 50.8%), and product exports increase in Other prefabricated chemicals (€231M or 126%), Other semi-finished products (€194M or 89.8%), and Other machinery (€97.3M or 51.6%). In June 2021, the increase in Hesse's year-by-year imports was explained primarily by an increase in imports from United States (€426M or 55.7%), Belgium (€341M or 90.8%), and South Africa (€197M or 179%), and product imports increase in Other semi-finished products (€698M or 178%), Pharmaceutical products (€279M or 42.4%), and Gold for industrial purposes (€120M or 68.5%).