Overview In January 2024 Saxony-Anhalt exported €1.92B and imported €2.05B, resulting in a negative trade balance of €134M. Between January 2023 and January 2024 the exports of Saxony-Anhalt have increased by $69.1M (3.74%) from €1.85B to €1.92B, while imports decreased by €-406M (-16.5%) from €2.46B to €2.05B.
Trade In January 2024, the top exports of Saxony-Anhalt were Pharmaceutical products (€199M), Other chemical final products (€179M), Mineral oil products (€120M), Estimations for non-response (€113M), and Plastics (€89.9M). In January 2024 the top imports of Saxony-Anhalt were Petroleum oil and petroleum gases (€458M), Telecommunication devices and apparatus (€205M), Pharmaceutical products (€173M), Estimations for non-response (€132M), and Aluminium and aluminium alloys, incl. waste,... (€65.9M).
Destinations In January 2024, Saxony-Anhalt exported mostly to Poland (€208M), Netherlands (€188M), France (€135M), Czechia (€132M), and Italy (€119M), and imported mostly from China (€298M), Norway (€220M), Poland (€175M), Netherlands (€169M), and United Kingdom (€122M).
Growth In January 2024, the increase in Saxony-Anhalt's year-by-year exports was explained primarily by an increase in exports to Netherlands (€26.8M or 18.8%), United Kingdom (€21.6M or 22.9%), and Spain (€20.4M or 48.7%), and product exports increase in Estimations for non-response (€69.5M or 18.5k%), Mineral oil products (€41.2M or 40.2%), and Pharmaceutical products (€36.6M or 23.2%). In January 2024, the decrease in Saxony-Anhalt's year-by-year imports was explained primarily by an decrease in imports from Russia (€-299M or -99%), Switzerland (€-22.2M or -34.1%), and Japan (€-8.61M or -69.1%), and product imports decrease in Plastics (€-23.3M or -32%), Semi-finished products of aluminium (€-18.1M or -28.4%), and Plates and sheets of iron or... (€-9.82M or -48.6%).