Overview: In January 2021 Saarland exported €1.12B and imported €1.21B, resulting in a negative trade balance of €96.6M. Between January 2020 and January 2021 the exports of Saarland have decreased by $-173M (-13.4%) from €1.29B to €1.12B, while imports increased by €9.51M (0.79%) from €1.21B to €1.21B.
Trade: In January 2021, the top exports of Saarland were Chassis, bodies, engines etc. for motor... (€334M), Other machinery (€85.3M), Motor cars and motor caravans (€69.3M), Taps, cocks and valves (€60.1M), and Pharmaceutical products (€53M). In January 2021 the top imports of Saarland were Motor cars and motor caravans (€208M), Pharmaceutical products (€175M), Chassis, bodies, engines etc. for motor... (€121M), Estimations for non-response (€77.5M), and Estimations for exemptions (€49.8M).
Destinations: In January 2021, Saarland exported mostly to France (€188M), United States (€134M), United Kingdom (€75.7M), Italy (€70.6M), and Netherlands (€66.5M), and imported mostly from Spain (€296M), France (€213M), United States (€76M), Italy (€73.7M), and China (€47.3M).
Growth: In January 2021, the decrease in Saarland's year-by-year exports was explained primarily by an decrease in exports to United Kingdom (€-103M or -57.7%), France (€-24.9M or -11.7%), and Spain (€-15.9M or -38.4%), and product exports decrease in Motor cars and motor caravans (€-183M or -72.5%), Chassis, bodies, engines etc. for motor... (€-53.3M or -13.8%), and Measuring and automatical control instruments (€-12.1M or -49.7%). In January 2021, the increase in Saarland's year-by-year imports was explained primarily by an increase in imports from Spain (€57M or 23.9%), France (€41.3M or 24%), and United States (€31.7M or 71.6%), and product imports increase in Estimations for exemptions (€28.2M or 130%), Estimations for non-response (€27.9M or 56.2%), and Pharmaceutical products (€24.8M or 16.6%).