Overview In December 2023 Schleswig-Holstein exported €1.86B and imported €1.82B, resulting in a positive trade balance of €37.1M. Between December 2022 and December 2023 the exports of Schleswig-Holstein have decreased by $-275M (-12.9%) from €2.13B to €1.86B, while imports decreased by €-1.23B (-40.4%) from €3.05B to €1.82B.
Trade In December 2023, the top exports of Schleswig-Holstein were Pharmaceutical products (€133M), Other machinery (€99M), Other semi-finished products (€89.9M), Motor cars and motor caravans (€82.9M), and Estimations for non-response (€75.6M). In December 2023 the top imports of Schleswig-Holstein were Estimations for non-response (€119M), Petroleum oil and petroleum gases (€117M), Medical, surgical equipment, orthopaedic apparatus (€64.5M), Machinery for electricity production, distribution (€64.3M), and Estimations for exemptions (€63.1M).
Destinations In December 2023, Schleswig-Holstein exported mostly to Belgium (€187M), Netherlands (€154M), Denmark (€150M), United States (€139M), and Norway (€102M), and imported mostly from China (€257M), Denmark (€165M), Poland (€149M), United States (€131M), and Netherlands (€100M).
Growth In December 2023, the decrease in Schleswig-Holstein's year-by-year exports was explained primarily by an decrease in exports to Turkey (€-18.3M or -43.8%), Taiwan (€-12.5M or -66.3%), and Russia (€-12.1M or -32.9%), and product exports decrease in Barley (€-25M or -80.4%), Plastics (€-24.7M or -24.4%), and Other chemical final products (€-20.1M or -18.8%). In December 2023, the decrease in Schleswig-Holstein's year-by-year imports was explained primarily by an decrease in imports from Norway (€-70.4M or -29.3%), Russia (€-22.4M or -52.1%), and Austria (€-18M or -36.1%), and product imports decrease in Other semi-finished products (€-40.3M or -21.7%), Office and automatic data processing machines (€-27.1M or -30.5%), and Lorries and special purpose motor vehicles (€-19.2M or -57.9%).