Lombardia

Overview In First Quarter 2024 Lombardia exported $35.7B and imported $39B, resulting in a negative trade balance of $3.35B. Between First Quarter 2023 and First Quarter 2024 the exports of Lombardia have decreased by $-5.21B (-12.8%) from $40.9B to $35.7B, while imports decreased by $-6.53B (-14.3%) from $45.5B to $39B.

Trade In First Quarter 2024, the top exports of Lombardia were Machinery and equipment n.e.c. (€6.09B), Chemical products (€3.85B), Metallurgy products (€3.57B), Computer and electronic and optical products;... (€2.56B), and Electrical equipment and non-electrical household equipment (€2.17B). In First Quarter 2024 the top imports of Lombardia were Computer and electronic and optical products;... (€5.07B), Chemical products (€4.82B), Metallurgy products (€3.74B), Machinery and equipment n.e.c. (€3.32B), and Motor vehicles, trailers and semi-trailers (€3.31B).

Destinations In First Quarter 2024, Lombardia exported mostly to Germany (€5.02B), United States (€3.24B), Switzerland (€2.79B), Spain (€2.68B), and United Kingdom (€1.7B), and imported mostly from Germany (€8.58B), Netherlands (€4.19B), China (€4.03B), Spain (€2.03B), and Belgium (€2.02B).

Growth In First Quarter 2024, the decrease in Lombardia's year-by-year exports was explained primarily by an decrease in exports to Germany (€-562M or -10.1%), United States (€-329M or -9.23%), and Netherlands (€-184M or -13.6%), and product exports decrease in Metallurgy products (€-1.02B or -22.2%), Chemical products (€-702M or -15.4%), and Machinery and equipment n.e.c. (€-558M or -8.4%). In First Quarter 2024, the decrease in Lombardia's year-by-year imports was explained primarily by an decrease in imports from China ($-738M or -15.5%), Germany ($-430M or -4.77%), and Netherlands ($-384M or -8.4%), and product imports decrease in Chemical products (€-1.31B or -21.4%), Metallurgy products (€-1B or -21.2%), and Machinery and equipment n.e.c. (€-855M or -20.5%).