Overview In June 2024 Hamburg exported €4.61B and imported €5.96B, resulting in a negative trade balance of €1.35B. Between June 2023 and June 2024 the exports of Hamburg have decreased by $-243M (-5.01%) from €4.85B to €4.61B, while imports decreased by €-77M (-1.28%) from €6.04B to €5.96B.
Trade In June 2024, the top exports of Hamburg were Aircraft (€1.95B), Mineral oil products (€382M), Gold for industrial purposes (€309M), Semi-finished products of copper and copper... (€105M), and Estimations for non-response (€98.6M). In June 2024 the top imports of Hamburg were Aircraft (€612M), Ships and boats (€444M), Mineral oil products (€426M), Petroleum oil and petroleum gases (€266M), and Copper and copper alloys, incl. waste,... (€259M).
Destinations In June 2024, Hamburg exported mostly to United Kingdom (€492M), Netherlands (€387M), United States (€326M), Special Categories (€203M), and China (€201M), and imported mostly from China (€715M), United States (€701M), Netherlands (€443M), France (€395M), and South Korea (€336M).
Growth In June 2024, the decrease in Hamburg's year-by-year exports was explained primarily by an decrease in exports to China (€-257M or -56.2%), Egypt (€-168M or -96.1%), and Hungary (€-160M or -46.2%), and product exports decrease in Aircraft (€-368M or -15.9%), Other chemical final products (€-54M or -37%), and Other raw materials inclusive waste (€-24.1M or -90.6%). In June 2024, the decrease in Hamburg's year-by-year imports was explained primarily by an decrease in imports from United States (€-239M or -25.4%), Algeria (€-98.6M or -97.3%), and Peru (€-67.4M or -90.5%), and product imports decrease in Copper ores (€-236M or -88.8%), Other raw materials inclusive waste (€-88.1M or -57%), and Mineral oil products (€-69.5M or -14%).