Saxony

Overview In June 2024 Saxony exported €4.31B and imported €2.9B, resulting in a positive trade balance of €1.41B. Between June 2023 and June 2024 the exports of Saxony have decreased by $-395M (-8.39%) from €4.7B to €4.31B, while imports decreased by €-428M (-12.9%) from €3.33B to €2.9B.

Trade In June 2024, the top exports of Saxony were Motor cars and motor caravans (€1.29B), Chassis, bodies, engines etc. for motor... (€489M), Electronic devices (€268M), Other machinery (€229M), and Machinery for electricity production, distribution (€188M). In June 2024 the top imports of Saxony were Machinery for electricity production, distribution (€431M), Chassis, bodies, engines etc. for motor... (€315M), Electronic devices (€191M), Estimations for non-response (€171M), and Motor cars and motor caravans (€133M).

Destinations In June 2024, Saxony exported mostly to China (€540M), United States (€424M), United Kingdom (€378M), Czechia (€261M), and Poland (€258M), and imported mostly from Czechia (€400M), China (€373M), Poland (€272M), Hungary (€200M), and Netherlands (€194M).

Growth In June 2024, the decrease in Saxony's year-by-year exports was explained primarily by an decrease in exports to China (€-115M or -17.5%), Switzerland (€-49.3M or -28%), and Belgium (€-44.9M or -21.2%), and product exports decrease in Motor cars and motor caravans (€-337M or -20.7%), Electronic devices (€-96M or -26.4%), and Machinery for electricity production, distribution (€-34M or -15.3%). In June 2024, the decrease in Saxony's year-by-year imports was explained primarily by an decrease in imports from Hungary (€-75.7M or -27.4%), Japan (€-68.2M or -55.1%), and United States (€-61.2M or -45.2%), and product imports decrease in Electronic devices (€-85.5M or -31%), Other machinery (€-60.7M or -46.4%), and Chassis, bodies, engines etc. for motor... (€-59.4M or -15.9%).