Overview: In November 2020 Russia's Soybeans exports accounted up to $45M and imports accounted up to $57M, resulting in a negative trade balance of $12M. Between November 2019 and November 2020 the exports of Russia's Soybeans have increased by $15.8M (54.3%) from $29.2M to $45M, while imports increased by $4.92M (9.44%) from $52M to $57M.
Destinations: In November 2020 Soybeans exported mostly to China ($28.3M), Unknown ($6.66M), Belarus ($4.61M), Turkey ($2.26M), and South Korea ($1.62M), and imported mostly from Paraguay ($29.2M), Brazil ($15M), Serbia ($8M), Romania ($4.73M), and Austria ($6.5k).
Growth: In November 2020, the increase in Soybeans's year-by-year exports was explained primarily by an increase in exports to China ($8.13M or 40.2%), Belarus ($4.46M or 2.92k%), and Unknown ($3.42M or 105%). In November 2020, the increase in Soybeans's year-by-year imports was explained primarily by an increase in imports from Paraguay ($9.09M or 45.1%), Serbia ($2M or 33.4%), and Austria ($4.57k or 238%).