Overview In March 2023 Schleswig-Holstein exported €2.28B and imported €2.44B, resulting in a negative trade balance of €161M. Between March 2022 and March 2023 the exports of Schleswig-Holstein have decreased by $-177M (-7.2%) from €2.46B to €2.28B, while imports decreased by €-1.06B (-30.3%) from €3.5B to €2.44B.
Trade In March 2023, the top exports of Schleswig-Holstein were Pharmaceutical products (€196M), Plastics (€104M), Other chemical final products (€103M), Estimations for non-response (€97.6M), and Other machinery (€87M). In March 2023 the top imports of Schleswig-Holstein were Petroleum oil and petroleum gases (€153M), Estimations for non-response (€152M), Other semi-finished products (€111M), Pharmaceutical products (€101M), and Machinery for electricity production, distribution (€99.6M).
Destinations In March 2023, Schleswig-Holstein exported mostly to Belgium (€202M), United States (€185M), France (€177M), Netherlands (€174M), and Denmark (€153M), and imported mostly from China (€322M), Denmark (€238M), United Kingdom (€210M), Poland (€168M), and Netherlands (€133M).
Growth In March 2023, the decrease in Schleswig-Holstein's year-by-year exports was explained primarily by an decrease in exports to Italy (€-30.4M or -32.3%), France (€-23.5M or -22.1%), and United States (€-14.5M or -9.6%), and product exports decrease in Estimations for non-response (€-56.4M or -99.2%), Pharmaceutical products (€-42.6M or -25.4%), and Basic pharmaceutical products (€-28.9M or -62.3%). In March 2023, the decrease in Schleswig-Holstein's year-by-year imports was explained primarily by an decrease in imports from Ireland (€-47.3M or -73%), United States (€-9.28M or -9.51%), and Belgium (€-8.11M or -12.6%), and product imports decrease in Pharmaceutical products (€-70.5M or -40.8%), Estimations for non-response (€-58.1M or -51.4%), and Office and automatic data processing machines (€-23.9M or -21.2%).