North Rhine-Westphalia

Overview In December 2024 North Rhine-Westphalia exported €15.9B and imported €22.5B, resulting in a negative trade balance of €6.6B. Between December 2023 and December 2024 the exports of North Rhine-Westphalia have increased by $149M (0.94%) from €15.8B to €15.9B, while imports increased by €1.04B (4.86%) from €21.5B to €22.5B.

Trade In December 2024, the top exports of North Rhine-Westphalia were Pharmaceutical products (€1.09B), Other machinery (€754M), Other articles of iron, iron sheet,... (€595M), Plastics (€562M), and Machinery for electricity production, distribution (€554M). In December 2024 the top imports of North Rhine-Westphalia were Petroleum oil and petroleum gases (€1.76B), Motor cars and motor caravans (€1.66B), Pharmaceutical products (€1.5B), Office and automatic data processing machines (€1.2B), and Estimations for non-response (€897M).

Destinations In December 2024, North Rhine-Westphalia exported mostly to Netherlands (€2.09B), France (€1.32B), United States (€1.23B), Belgium (€1.07B), and Poland (€975M), and imported mostly from China (€2.8B), Netherlands (€2.62B), United States (€1.3B), France (€1.18B), and Belgium (€1.06B).

Growth In December 2024, the increase in North Rhine-Westphalia's year-by-year exports was explained primarily by an increase in exports to Netherlands (€236M or 12.7%), United States (€119M or 10.7%), and Spain (€49M or 9.78%), and product exports increase in Pharmaceutical products (€124M or 12.8%), Motor cars and motor caravans (€67.5M or 27.2%), and Other chemical final products (€64.7M or 16.2%). In December 2024, the increase in North Rhine-Westphalia's year-by-year imports was explained primarily by an increase in imports from Ireland (€304M or 126%), United Kingdom (€213M or 42.3%), and Guyana (€146M or 99.7%), and product imports increase in Motor cars and motor caravans (€391M or 30.9%), Pharmaceutical products (€285M or 23.5%), and Office and automatic data processing machines (€145M or 13.7%).