Overview In Fourth Quarter 2023 Ile-de-France exported €37.1B and imported €49.7B, resulting in a negative trade balance of €12.6B. Between Fourth Quarter 2022 and Fourth Quarter 2023 the exports of Ile-de-France have decreased by $-2.13B (-5.43%) from €39.2B to €37.1B, while imports decreased by €-9.54B (-16.1%) from €59.3B to €49.7B.
Trade In Fourth Quarter 2023, the top exports of Ile-de-France were Aircraft and spacecraft (€4.21B), Motor vehicles (€3.72B), Travel items, leather goods, saddlery and... (€2.64B), Pharmaceutical preparations (€2.35B), and Electricity (€1.7B). In Fourth Quarter 2023 the top imports of Ile-de-France were Motor vehicles (€8.46B), Communication equipment (€2.92B), Natural gas, liquefied or gaseous (€2.87B), Aircraft and spacecraft (€2.73B), and Pharmaceutical preparations (€2.4B).
Destinations In Fourth Quarter 2023, Ile-de-France exported mostly to Germany (€4.32B), United States (€4.03B), Italy (€3.17B), China (€2.57B), and Belgium (€2.45B), and imported mostly from China (€7.89B), Germany (€4.86B), Belgium (€4.53B), United States (€4.18B), and Spain (€3.41B).
Growth In Fourth Quarter 2023, the decrease in Ile-de-France's year-by-year exports was explained primarily by an decrease in exports to Italy (€-2.21B or -41%), United States (€-606M or -13.1%), and Switzerland (€-492M or -22.2%), and product exports decrease in Natural gas, liquefied or gaseous (€-3.05B or -66.8%), Motor vehicles (€-392M or -9.52%), and Electricity (€-286M or -14.4%). In Fourth Quarter 2023, the decrease in Ile-de-France's year-by-year imports was explained primarily by an decrease in imports from Belgium (€-5.21B or -53.5%), Spain (€-2.29B or -40.2%), and China (€-560M or -6.63%), and product imports decrease in Natural gas, liquefied or gaseous (€-5.38B or -65.2%), Electricity (€-3.18B or -88.9%), and Electronic components (€-263M or -28.9%).