Overview In Third Quarter 2024 Lombardia exported $34.5B and imported $38.3B, resulting in a negative trade balance of $3.87B. Between Third Quarter 2023 and Third Quarter 2024 the exports of Lombardia have increased by $329M (0.96%) from $34.1B to $34.5B, while imports increased by $1.9B (5.22%) from $36.4B to $38.3B.
Trade In Third Quarter 2024, the top exports of Lombardia were Machinery and equipment nec (€5.97B), Chemicals (€3.73B), Metallurgy products (€3.09B), Computer and electronic and optical products;... (€2.43B), and Basic pharmaceutical products and pharmaceutical preparations (€2.39B). In Third Quarter 2024 the top imports of Lombardia were Computer and electronic and optical products;... (€5.08B), Chemicals (€4.42B), Metallurgy products (€3.79B), Machinery and equipment nec (€3.15B), and Basic pharmaceutical products and pharmaceutical preparations (€3.1B).
Destinations In Third Quarter 2024, Lombardia exported mostly to Germany (€4.66B), United States (€3.11B), Switzerland (€2.64B), Spain (€2.55B), and United Kingdom (€1.56B), and imported mostly from Germany (€7.85B), China (€4.93B), Netherlands (€4.15B), Spain (€2.13B), and Belgium (€1.86B).
Growth In Third Quarter 2024, the increase in Lombardia's year-by-year exports was explained primarily by an increase in exports to Spain (€227M or 9.76%), Unclassified (€198M or 55.2%), and Switzerland (€159M or 6.42%), and product exports increase in Basic pharmaceutical products and pharmaceutical preparations (€215M or 9.86%), Goods declared as ship's supplies, returned... (€214M or 45.4%), and Food products (€133M or 8.16%). In Third Quarter 2024, the increase in Lombardia's year-by-year imports was explained primarily by an increase in imports from China ($540M or 12.3%), Netherlands ($307M or 7.98%), and Spain ($287M or 15.5%), and product imports increase in Basic pharmaceutical products and pharmaceutical preparations (€470M or 17.9%), Chemicals (€355M or 8.72%), and Computer and electronic and optical products;... (€340M or 7.16%).