Overview: In January 2021 Thuringia exported €1.23B and imported €883M, resulting in a positive trade balance of €344M. Between January 2020 and January 2021 the exports of Thuringia have decreased by $-84.8M (-6.47%) from €1.31B to €1.23B, while imports decreased by €-75.7M (-7.9%) from €959M to €883M.
Trade: In January 2021, the top exports of Thuringia were Chassis, bodies, engines etc. for motor... (€220M), Pharmaceutical products (€66.4M), Articles of plastic (€65.1M), Machinery for electricity production, distribution (€57.1M), and Measuring and automatical control instruments (€47.3M). In January 2021 the top imports of Thuringia were Estimations for non-response (€58.8M), Aircraft (€48.6M), Furniture (€34.1M), Chassis, bodies, engines etc. for motor... (€33.7M), and Other articles of iron, iron sheet,... (€33.6M).
Destinations: In January 2021, Thuringia exported mostly to United States (€86.6M), France (€83.6M), China (€83.3M), United Kingdom (€81.8M), and Spain (€72.8M), and imported mostly from China (€110M), Netherlands (€75.2M), Poland (€65.3M), Italy (€61M), and Austria (€58M).
Growth: In January 2021, the decrease in Thuringia's year-by-year exports was explained primarily by an decrease in exports to Hungary (€-30.4M or -41.4%), United States (€-19.6M or -18.5%), and Mexico (€-16.3M or -31.4%), and product exports decrease in Chassis, bodies, engines etc. for motor... (€-60.7M or -21.7%), Aircraft (€-39.9M or -97.9%), and Estimations for non-response (€-14.8M or -27.2%). In January 2021, the decrease in Thuringia's year-by-year imports was explained primarily by an decrease in imports from United Kingdom (€-67M or -57.5%), Poland (€-10.4M or -13.7%), and France (€-4.4M or -10.2%), and product imports decrease in Aircraft (€-46.1M or -48.7%), Furniture (€-11.2M or -24.7%), and Pumps and compressors (€-9.21M or -66.8%).