Overview: In January 2021 Bavaria exported €13B and imported €15.7B, resulting in a negative trade balance of €2.69B. Between January 2020 and January 2021 the exports of Bavaria have decreased by $-1.51B (-10.4%) from €14.5B to €13B, while imports decreased by €-135M (-0.85%) from €15.8B to €15.7B.
Trade: In January 2021, the top exports of Bavaria were Motor cars and motor caravans (€1.78B), Chassis, bodies, engines etc. for motor... (€1.04B), Machinery for electricity production, distribution (€973M), Other machinery (€588M), and Measuring and automatical control instruments (€481M). In January 2021 the top imports of Bavaria were Machinery for electricity production, distribution (€1.18B), Petroleum oil and petroleum gases (€1.08B), Chassis, bodies, engines etc. for motor... (€1.04B), Office and automatic data processing machines (€810M), and Electronic devices (€756M).
Destinations: In January 2021, Bavaria exported mostly to China (€1.29B), United States (€1.27B), Austria (€994M), France (€962M), and Italy (€927M), and imported mostly from China (€1.73B), Austria (€1.24B), Poland (€1.21B), Italy (€909M), and Netherlands (€908M).
Growth: In January 2021, the decrease in Bavaria's year-by-year exports was explained primarily by an decrease in exports to United Kingdom (€-302M or -33%), United States (€-298M or -19%), and Austria (€-139M or -12.3%), and product exports decrease in Motor cars and motor caravans (€-382M or -17.7%), Other machinery (€-147M or -20%), and Aircraft (€-144M or -48.7%). In January 2021, the decrease in Bavaria's year-by-year imports was explained primarily by an decrease in imports from United Kingdom (€-258M or -51.9%), Kazakhstan (€-176M or -55.9%), and Libya (€-138M or -56.7%), and product imports decrease in Electronic devices (€-164M or -17.8%), Aircraft (€-151M or -58.3%), and Chassis, bodies, engines etc. for motor... (€-132M or -11.2%).