Overview: In January 2021 Schleswig-Holstein exported €1.57B and imported €1.8B, resulting in a negative trade balance of €226M. Between January 2020 and January 2021 the exports of Schleswig-Holstein have decreased by $-119M (-7.03%) from €1.69B to €1.57B, while imports decreased by €-303M (-14.4%) from €2.1B to €1.8B.
Trade: In January 2021, the top exports of Schleswig-Holstein were Pharmaceutical products (€168M), Other chemical final products (€109M), Medical, surgical equipment, orthopaedic apparatus (€84.9M), Plastics (€78.5M), and Estimations for non-response (€56.9M). In January 2021 the top imports of Schleswig-Holstein were Pharmaceutical products (€173M), Estimations for non-response (€113M), Office and automatic data processing machines (€113M), Petroleum oil and petroleum gases (€64.4M), and Medical, surgical equipment, orthopaedic apparatus (€58.6M).
Destinations: In January 2021, Schleswig-Holstein exported mostly to United States (€151M), Netherlands (€150M), Denmark (€147M), France (€106M), and Belgium (€97M), and imported mostly from China (€343M), Denmark (€158M), Sweden (€123M), Netherlands (€101M), and United States (€97.6M).
Growth: In January 2021, the decrease in Schleswig-Holstein's year-by-year exports was explained primarily by an decrease in exports to United Kingdom (€-46.5M or -48.4%), Turkey (€-35.5M or -75.4%), and Poland (€-18.7M or -18.9%), and product exports decrease in Other chemical final products (€-32M or -22.7%), Other end products (€-30.5M or -79%), and Estimations for non-response (€-23M or -28.8%). In January 2021, the decrease in Schleswig-Holstein's year-by-year imports was explained primarily by an decrease in imports from South Korea (€-162M or -95.3%), United Kingdom (€-108M or -68.2%), and Romania (€-21.1M or -66.4%), and product imports decrease in Pharmaceutical products (€-134M or -43.7%), Petroleum oil and petroleum gases (€-70.5M or -52.3%), and Machinery for electricity production, distribution (€-35.5M or -42.1%).