Overview In Fourth Quarter 2023 Hauts-de-France exported €16.5B and imported €20.7B, resulting in a negative trade balance of €4.2B. Between Fourth Quarter 2022 and Fourth Quarter 2023 the exports of Hauts-de-France have decreased by $-142M (-0.85%) from €16.6B to €16.5B, while imports decreased by €-4.19B (-16.8%) from €24.9B to €20.7B.
Trade In Fourth Quarter 2023, the top exports of Hauts-de-France were Motor vehicles (€1.74B), Perfumes and toilet (€1.33B), Basic iron and steel and ferro-alloys (€1.04B), Other basic organic chemicals (€542M), and pharmaceuticals (€530M). In Fourth Quarter 2023 the top imports of Hauts-de-France were Motor vehicles (€1.23B), natural gas, liquefied gas or (€1.14B), Other parts and accessories for motor... (€917M), refined petroleum products (€654M), and Basic iron and steel and ferro-alloys (€579M).
Destinations In Fourth Quarter 2023, Hauts-de-France exported mostly to Belgium (€3.01B), Germany (€2.19B), United Kingdom (€1.5B), Italy (€1.32B), and Spain (€1.23B), and imported mostly from Germany (€2.97B), Belgium (€2.44B), China (€1.99B), United Kingdom (€1.71B), and United States (€1.16B).
Growth In Fourth Quarter 2023, the decrease in Hauts-de-France's year-by-year exports was explained primarily by an decrease in exports to Belgium (€-392M or -11.5%), Egypt (€-89.7M or -57.7%), and Netherlands (€-45.9M or -5.11%), and product exports decrease in pharmaceuticals (€-481M or -47.5%), Cereals (except rice), legumes and oilseeds (€-274M or -44.4%), and Basic iron and steel and ferro-alloys (€-150M or -12.6%). In Fourth Quarter 2023, the decrease in Hauts-de-France's year-by-year imports was explained primarily by an decrease in imports from United States (€-2B or -63.3%), Germany (€-283M or -8.7%), and China (€-244M or -10.9%), and product imports decrease in natural gas, liquefied gas or (€-1.97B or -63.3%), refined petroleum products (€-394M or -37.6%), and Motor vehicles (€-321M or -20.7%).