Overview: In January 2021 Rhineland-Pfalz exported €4.07B and imported €2.95B, resulting in a positive trade balance of €1.11B. Between January 2020 and January 2021 the exports of Rhineland-Pfalz have decreased by $-233M (-5.41%) from €4.3B to €4.07B, while imports decreased by €-269M (-8.36%) from €3.22B to €2.95B.
Trade: In January 2021, the top exports of Rhineland-Pfalz were Pharmaceutical products (€387M), Other prefabricated chemicals (€282M), Other chemical final products (€268M), Plastics (€246M), and Lorries and special purpose motor vehicles (€225M). In January 2021 the top imports of Rhineland-Pfalz were Other chemical final products (€210M), Estimations for non-response (€155M), Chassis, bodies, engines etc. for motor... (€141M), Other prefabricated chemicals (€133M), and Articles of rubber (€117M).
Destinations: In January 2021, Rhineland-Pfalz exported mostly to France (€402M), United States (€392M), Netherlands (€252M), Italy (€247M), and Poland (€237M), and imported mostly from China (€301M), France (€261M), Netherlands (€238M), United States (€201M), and Belgium (€186M).
Growth: In January 2021, the decrease in Rhineland-Pfalz's year-by-year exports was explained primarily by an decrease in exports to United Kingdom (€-101M or -38.2%), United States (€-59M or -13.1%), and France (€-42.6M or -9.57%), and product exports decrease in Lorries and special purpose motor vehicles (€-69.9M or -23.7%), Pharmaceutical products (€-64.3M or -14.2%), and Chassis, bodies, engines etc. for motor... (€-26.8M or -12.5%). In January 2021, the decrease in Rhineland-Pfalz's year-by-year imports was explained primarily by an decrease in imports from Spain (€-118M or -48.4%), United Kingdom (€-64.2M or -64.5%), and France (€-51.6M or -16.5%), and product imports decrease in Aircraft (€-141M or -83.5%), Mineral oil products (€-46.6M or -34.5%), and Basic pharmaceutical products (€-38.5M or -28.5%).