Overview In January 2024 Rhineland-Pfalz exported €4.92B and imported €3.78B, resulting in a positive trade balance of €1.14B. Between January 2023 and January 2024 the exports of Rhineland-Pfalz have decreased by $-239M (-4.64%) from €5.16B to €4.92B, while imports increased by €8.84M (0.23%) from €3.77B to €3.78B.
Trade In January 2024, the top exports of Rhineland-Pfalz were Lorries and special purpose motor vehicles (€415M), Other prefabricated chemicals (€338M), Pharmaceutical products (€326M), Plastics (€281M), and Other chemical final products (€280M). In January 2024 the top imports of Rhineland-Pfalz were Mineral oil products (€267M), Estimations for non-response (€251M), Other prefabricated chemicals (€181M), Chassis, bodies, engines etc. for motor... (€173M), and Articles of rubber (€121M).
Destinations In January 2024, Rhineland-Pfalz exported mostly to France (€487M), United States (€446M), Netherlands (€367M), Italy (€311M), and Poland (€276M), and imported mostly from Netherlands (€364M), Belgium (€337M), France (€332M), China (€298M), and United States (€257M).
Growth In January 2024, the decrease in Rhineland-Pfalz's year-by-year exports was explained primarily by an decrease in exports to Russia (€-67.5M or -81.5%), Greece (€-56M or -42.3%), and Italy (€-23.4M or -6.81%), and product exports decrease in Basic pharmaceutical products (€-87.4M or -28.7%), Pharmaceutical products (€-83M or -17.2%), and Plastics (€-58.1M or -16.9%). In January 2024, the increase in Rhineland-Pfalz's year-by-year imports was explained primarily by an increase in imports from United States (€108M or 55.2%), Spain (€50.5M or 43.3%), and Belgium (€36.2M or 13.7%), and product imports increase in Estimations for non-response (€129M or 175%), Chassis, bodies, engines etc. for motor... (€44.5M or 30.8%), and Other prefabricated chemicals (€43.6M or 22.5%).