Lombardia

Overview In Second Quarter 2024 Lombardia exported $37.1B and imported $40.3B, resulting in a negative trade balance of $3.21B. Between Second Quarter 2023 and Second Quarter 2024 the exports of Lombardia have increased by $232M (0.63%) from $36.8B to $37.1B, while imports decreased by $-143M (-0.35%) from $40.4B to $40.3B.

Trade In Second Quarter 2024, the top exports of Lombardia were Machinery and equipment nec (€6.49B), Chemicals (€4.11B), Metallurgy products (€3.68B), Computer and electronic and optical products;... (€2.67B), and Basic pharmaceutical products and pharmaceutical preparations (€2.35B). In Second Quarter 2024 the top imports of Lombardia were Chemicals (€5.1B), Computer and electronic and optical products;... (€4.81B), Metallurgy products (€4.09B), Machinery and equipment nec (€3.58B), and Basic pharmaceutical products and pharmaceutical preparations (€3.35B).

Destinations In Second Quarter 2024, Lombardia exported mostly to Germany (€5.1B), United States (€3.52B), Switzerland (€2.78B), Spain (€2.73B), and United Kingdom (€1.66B), and imported mostly from Germany (€8.22B), China (€4.41B), Netherlands (€4.33B), Spain (€2.21B), and Belgium (€1.92B).

Growth In Second Quarter 2024, the increase in Lombardia's year-by-year exports was explained primarily by an increase in exports to Spain (€199M or 7.88%), United Arab Emirates (€88.5M or 19.1%), and Unclassified (€83.2M or 35.4%), and product exports increase in N/A. In Second Quarter 2024, the decrease in Lombardia's year-by-year imports was explained primarily by an decrease in imports from China ($-349M or -7.33%), Germany ($-332M or -3.88%), and Russia ($-215M or -62.7%), and product imports decrease in Metallurgy products (€-657M or -13.8%), Electrical equipment and non-electrical household equipment (€-378M or -13.1%), and Machinery and equipment nec (€-327M or -8.37%).