Overview In January 2024 Schleswig-Holstein exported €2.41B and imported €2.78B, resulting in a negative trade balance of €370M. Between January 2023 and January 2024 the exports of Schleswig-Holstein have increased by $143M (6.31%) from €2.27B to €2.41B, while imports decreased by €-248M (-8.16%) from €3.03B to €2.78B.
Trade In January 2024, the top exports of Schleswig-Holstein were Pharmaceutical products (€366M), Estimations for non-response (€126M), Other machinery (€93M), Other chemical final products (€92.2M), and Plastics (€90.7M). In January 2024 the top imports of Schleswig-Holstein were Pharmaceutical products (€487M), Petroleum oil and petroleum gases (€185M), Other prefabricated chemicals (€175M), Estimations for non-response (€169M), and Machinery for electricity production, distribution (€82.7M).
Destinations In January 2024, Schleswig-Holstein exported mostly to Netherlands (€299M), Italy (€197M), Belgium (€182M), Denmark (€173M), and United States (€160M), and imported mostly from Ireland (€336M), China (€283M), United States (€217M), Denmark (€206M), and Poland (€173M).
Growth In January 2024, the increase in Schleswig-Holstein's year-by-year exports was explained primarily by an increase in exports to Netherlands (€134M or 88.2%), Belgium (€130M or 86.2%), and Italy (€83.7M or 131%), and product exports increase in Pharmaceutical products (€266M or 212%), Estimations for non-response (€90M or 20k%), and Meat and meat products (€26.1M or 108%). In January 2024, the decrease in Schleswig-Holstein's year-by-year imports was explained primarily by an decrease in imports from Norway (€-70.4M or -29.3%), Russia (€-22.4M or -52.1%), and Austria (€-18M or -36.1%), and product imports decrease in Other semi-finished products (€-40.3M or -21.7%), Office and automatic data processing machines (€-27.1M or -30.5%), and Lorries and special purpose motor vehicles (€-19.2M or -57.9%).