Overview: In November 2020 ALTAI TERRITORY exported $91.9M and imported $30.7M, resulting in a positive trade balance of $61.3M. Between November 2019 and November 2020 the exports of ALTAI TERRITORY have decreased by $-27.9M (-23.3%) from $120M to $91.9M, while imports decreased by $-19.8M (-39.3%) from $50.5M to $30.7M.
Trade: In November 2020, the top exports of ALTAI TERRITORY were Rapeseed ($11.2M), Linseed ($8.66M), Railway Freight Cars ($6.72M), Sunflower Seeds ($6.15M), and Commodities not elsewhere specified ($4.23M). In November 2020 the top imports of ALTAI TERRITORY were Raw Iron Bars ($3.08M), Bananas ($2.08M), Coal Briquettes ($1.79M), Iron Pipes ($828k), and Grapes ($746k).
Destinations: In November 2020, ALTAI TERRITORY exported mostly to Kazakhstan ($29.3M), China ($27.8M), Belarus ($5.17M), Uzbekistan ($4.18M), and United States ($4.01M), and imported mostly from China ($8.96M), Kazakhstan ($5.76M), Belarus ($5.15M), Ecuador ($2.1M), and Germany ($1.57M).
Growth: In November 2020, the decrease in ALTAI TERRITORY's year-by-year exports was explained primarily by an decrease in exports to Germany ($-7.72M or -89.9%), Turkey ($-5.04M or -93.8%), and Uzbekistan ($-4.8M or -53.4%), and product exports decrease in Coal Briquettes ($-23.2M or -99%), Coke ($-9.46M or -77.1%), and Engine Parts ($-4.52M or -93.7%). In November 2020, the decrease in ALTAI TERRITORY's year-by-year imports was explained primarily by an decrease in imports from Belarus ($-6.67M or -56.4%), Spain ($-5.68M or -93.5%), and China ($-3.84M or -30%), and product imports decrease in Iron Pipes ($-4.23M or -83.6%), Raw Iron Bars ($-2.55M or -45.3%), and Washing and Bottling Machines ($-2.07M or -74.8%).