Overview In Third Quarter 2024 Sicilia exported $2.53B and imported $3.61B, resulting in a negative trade balance of $1.08B. Between Third Quarter 2023 and Third Quarter 2024 the exports of Sicilia have decreased by $-731M (-22.4%) from $3.26B to $2.53B, while imports decreased by $-1.71B (-32.2%) from $5.32B to $3.61B.
Trade In Third Quarter 2024, the top exports of Sicilia were Coke and products derived from petroleum... (€1.52B), Computer and electronic and optical products;... (€247M), Chemicals (€200M), Food products (€127M), and Electrical equipment and non-electrical household equipment (€118M). In Third Quarter 2024 the top imports of Sicilia were Crude oil and natural gas (€2.59B), Food products (€182M), Chemicals (€133M), Agricultural, animal and hunting products (€113M), and Coke and products derived from petroleum... (€110M).
Destinations In Third Quarter 2024, Sicilia exported mostly to Gibraltar (€234M), United States (€192M), Netherlands (€188M), Spain (€173M), and Croatia (€172M), and imported mostly from Kazakhstan (€505M), Libya (€480M), United States (€443M), Azerbaijan (€414M), and Germany (€264M).
Growth In Third Quarter 2024, the decrease in Sicilia's year-by-year exports was explained primarily by an decrease in exports to Gibraltar (€-376M or -61.6%), Slovenia (€-100M or -42%), and Morocco (€-93.3M or -65.9%), and product exports decrease in Coke and products derived from petroleum... (€-783M or -34.1%), Electrical equipment and non-electrical household equipment (€-19.6M or -14.2%), and Basic pharmaceutical products and pharmaceutical preparations (€-16.5M or -35.4%). In Third Quarter 2024, the decrease in Sicilia's year-by-year imports was explained primarily by an decrease in imports from United States ($-559M or -55.8%), Azerbaijan ($-483M or -53.8%), and Saudi Arabia ($-278M or -61.1%), and product imports decrease in Crude oil and natural gas (€-1.4B or -35%), Coke and products derived from petroleum... (€-207M or -65.3%), and Machinery and equipment nec (€-110M or -71.6%).