Veneto

Overview In Third Quarter 2024 Veneto exported $16.3B and imported $13.6B, resulting in a positive trade balance of $2.7B. Between Third Quarter 2023 and Third Quarter 2024 the exports of Veneto have decreased by $-310M (-1.87%) from $16.6B to $16.3B, while imports increased by $130M (0.97%) from $13.5B to $13.6B.

Trade In Third Quarter 2024, the top exports of Veneto were Machinery and equipment nec (€3.19B), Products from other manufacturing industries (€1.8B), Electrical equipment and non-electrical household equipment (€1.35B), Food products (€1.19B), and Leather goods (excluding clothing) and similar (€999M). In Third Quarter 2024 the top imports of Veneto were Motor vehicles, trailers and semi-trailers (€2B), Food products (€1.22B), Metallurgy products (€946M), Machinery and equipment nec (€898M), and Chemicals (€844M).

Destinations In Third Quarter 2024, Veneto exported mostly to Germany (€2.51B), United States (€1.71B), Spain (€951M), United Kingdom (€881M), and Poland (€734M), and imported mostly from Germany (€3.07B), China (€1.54B), Netherlands (€804M), Spain (€796M), and Austria (€542M).

Growth In Third Quarter 2024, the decrease in Veneto's year-by-year exports was explained primarily by an decrease in exports to Germany (€-161M or -6.03%), United States (€-57.9M or -3.27%), and Romania (€-47.8M or -9.05%), and product exports decrease in Machinery and equipment nec (€-139M or -4.18%), Articles of clothing (including leather and... (€-123M or -11.7%), and Leather goods (excluding clothing) and similar (€-88.1M or -8.1%). In Third Quarter 2024, the increase in Veneto's year-by-year imports was explained primarily by an increase in imports from China ($190M or 14.1%), Saudi Arabia ($157M or 151%), and Germany ($132M or 4.5%), and product imports increase in Crude oil and natural gas (€89.1M or 13.7%), Products from other manufacturing industries (€79.6M or 16.2%), and Articles in rubber and plastic materials (€67.1M or 18.5%).