Overview In January 2024 Thuringia exported €1.55B and imported €1.53B, resulting in a positive trade balance of €18.2M. Between January 2023 and January 2024 the exports of Thuringia have increased by $67.9M (4.59%) from €1.48B to €1.55B, while imports decreased by €-71.5M (-4.46%) from €1.6B to €1.53B.
Trade In January 2024, the top exports of Thuringia were Chassis, bodies, engines etc. for motor... (€173M), Estimations for non-response (€97.8M), Articles of plastic (€69.4M), Machinery for electricity production, distribution (€64.7M), and Motor cars and motor caravans (€61.9M). In January 2024 the top imports of Thuringia were Machinery for electricity production, distribution (€282M), Estimations for non-response (€108M), Aircraft (€105M), Chassis, bodies, engines etc. for motor... (€48.4M), and Other articles of iron, iron sheet,... (€47.9M).
Destinations In January 2024, Thuringia exported mostly to United States (€166M), Poland (€111M), France (€107M), United Kingdom (€99.4M), and China (€98.7M), and imported mostly from China (€378M), Netherlands (€120M), Poland (€116M), United Kingdom (€95.1M), and Italy (€87M).
Growth In January 2024, the increase in Thuringia's year-by-year exports was explained primarily by an increase in exports to France (€30.3M or 39.1%), Brazil (€20M or 392%), and United States (€19.3M or 14.2%), and product exports increase in Estimations for non-response (€51.5M or 17.3k%), Measuring and automatical control instruments (€16.8M or 38.9%), and Articles of glass (€16.3M or 104%). In January 2024, the decrease in Thuringia's year-by-year imports was explained primarily by an decrease in imports from Vietnam (€-7.88M or -45.2%), Hungary (€-7.53M or -23.8%), and South Korea (€-3.88M or -38.1%), and product imports decrease in Other electric machinery, apparatus and appliances (€-21.5M or -51.9%), Other machinery (€-9.28M or -25.6%), and Television, radio receivers, sound, video recorder (€-9.03M or -47.3%).