Overview In First Quarter 2024 Lazio exported $7.37B and imported $10.5B, resulting in a negative trade balance of $3.18B. Between First Quarter 2023 and First Quarter 2024 the exports of Lazio have increased by $307M (4.34%) from $7.07B to $7.37B, while imports decreased by $-54.9M (-0.52%) from $10.6B to $10.5B.
Trade In First Quarter 2024, the top exports of Lazio were Basic pharmaceutical products and pharmaceutical preparations (€3.32B), Chemical products (€529M), Goods declared as ship's supplies, returned... (€436M), Other means of transport (€343M), and Computer and electronic and optical products;... (€303M). In First Quarter 2024 the top imports of Lazio were Basic pharmaceutical products and pharmaceutical preparations (€3.55B), Motor vehicles, trailers and semi-trailers (€1.85B), Coke and products derived from petroleum... (€757M), Chemical products (€581M), and Electrical equipment and non-electrical household equipment (€549M).
Destinations In First Quarter 2024, Lazio exported mostly to Belgium (€1.53B), Netherlands (€932M), Germany (€840M), United States (€712M), and Unclassified (€425M), and imported mostly from Belgium (€1.57B), Germany (€1.31B), Spain (€702M), China (€683M), and Netherlands (€673M).
Growth In First Quarter 2024, the increase in Lazio's year-by-year exports was explained primarily by an increase in exports to Belgium (€516M or 51%), United States (€214M or 43.1%), and Netherlands (€206M or 28.3%), and product exports increase in Basic pharmaceutical products and pharmaceutical preparations (€731M or 28.3%), Goods declared as ship's supplies, returned... (€140M or 47.4%), and Coke and products derived from petroleum... (€44.8M or 21.8%). In First Quarter 2024, the decrease in Lazio's year-by-year imports was explained primarily by an decrease in imports from South Africa ($-286M or -64.9%), Germany ($-167M or -11.3%), and Russia ($-107M or -77.9%), and product imports decrease in Metallurgy products (€-359M or -47.1%), Coal (excluding peat) (€-156M or -100%), and Chemical products (€-147M or -20.1%).