Hesse

Overview In December 2024 Hesse exported €5.75B and imported €9.67B, resulting in a negative trade balance of €3.92B. Between December 2023 and December 2024 the exports of Hesse have decreased by $-508M (-8.11%) from €6.26B to €5.75B, while imports increased by €659M (7.31%) from €9.01B to €9.67B.

Trade In December 2024, the top exports of Hesse were Pharmaceutical products (€877M), Other machinery (€313M), Chassis, bodies, engines etc. for motor... (€304M), Machinery for electricity production, distribution (€267M), and Other prefabricated chemicals (€252M). In December 2024 the top imports of Hesse were Pharmaceutical products (€1.4B), Medical, surgical equipment, orthopaedic apparatus (€438M), Office and automatic data processing machines (€419M), Motor cars and motor caravans (€404M), and Machinery for electricity production, distribution (€385M).

Destinations In December 2024, Hesse exported mostly to United States (€666M), France (€473M), Netherlands (€381M), Poland (€360M), and China (€320M), and imported mostly from United States (€1.1B), China (€977M), France (€880M), Switzerland (€777M), and Netherlands (€705M).

Growth In December 2024, the decrease in Hesse's year-by-year exports was explained primarily by an decrease in exports to United Kingdom (€-838M or -81.9%), United States (€-45.7M or -6.43%), and China (€-40.2M or -11.2%), and product exports decrease in Gold for industrial purposes (€-836M or -97.1%), Estimations for non-response (€-55.9M or -40.4%), and Aircraft (€-27.3M or -64.9%). In December 2024, the increase in Hesse's year-by-year imports was explained primarily by an increase in imports from Switzerland (€388M or 99.8%), United States (€162M or 17.2%), and South Africa (€83.1M or 38%), and product imports increase in Pharmaceutical products (€430M or 44.2%), Other end products (€145M or 124%), and Gold for industrial purposes (€119M or 106%).