Normandie

Overview In Fourth Quarter 2023 Normandie exported €9.57B and imported €12.2B, resulting in a negative trade balance of €2.62B. Between Fourth Quarter 2022 and Fourth Quarter 2023 the exports of Normandie have decreased by $-855M (-8.2%) from €10.4B to €9.57B, while imports decreased by €-1.79B (-12.8%) from €14B to €12.2B.

Trade In Fourth Quarter 2023, the top exports of Normandie were refined petroleum products (€1.32B), pharmaceuticals (€1.05B), Other chemicals n.e.c. (€490M), Cereals (except rice), legumes and oilseeds (€451M), and Motor vehicles (€393M). In Fourth Quarter 2023 the top imports of Normandie were Crude oil (€3B), refined petroleum products (€1.94B), pharmaceuticals (€544M), Other chemicals n.e.c. (€449M), and Other basic organic chemicals (€421M).

Destinations In Fourth Quarter 2023, Normandie exported mostly to United States (€893M), Belgium (€845M), Germany (€798M), Spain (€700M), and Italy (€644M), and imported mostly from United States (€1.26B), China (€985M), Belgium (€824M), Germany (€806M), and Nigeria (€736M).

Growth In Fourth Quarter 2023, the decrease in Normandie's year-by-year exports was explained primarily by an decrease in exports to Germany (€-233M or -22.6%), Morocco (€-201M or -58%), and China (€-174M or -22.5%), and product exports decrease in Cereals (except rice), legumes and oilseeds (€-509M or -53%), pharmaceuticals (€-355M or -25.3%), and Grape wines (€-167M or -87.7%). In Fourth Quarter 2023, the decrease in Normandie's year-by-year imports was explained primarily by an decrease in imports from Netherlands (€-454M or -40.1%), Russia (€-304M or -90.1%), and Saudi Arabia (€-280M or -48.5%), and product imports decrease in refined petroleum products (€-1.48B or -43.3%), Other chemicals n.e.c. (€-157M or -25.9%), and fertilizers and nitrogen compounds (€-117M or -44.7%).