Overview: In November 2020 CHECHEN REPUBLIC exported $876k and imported $3.41M, resulting in a negative trade balance of $2.53M. Between November 2019 and November 2020 the exports of CHECHEN REPUBLIC have increased by $131k (17.6%) from $745k to $876k, while imports increased by $2.77M (434%) from $638k to $3.41M.
Trade: In November 2020, the top exports of CHECHEN REPUBLIC were Wheat ($701k), Processed Fish ($72k), Sawn Wood ($45k), Recovered Paper ($19.2k), and Models and Stuffed Animals ($13.5k). In November 2020 the top imports of CHECHEN REPUBLIC were Dairy Machinery ($1.45M), Raw Zinc ($861k), Unglazed Ceramics ($237k), Building Stone ($106k), and Radioactive Chemicals ($105k).
Destinations: In November 2020, CHECHEN REPUBLIC exported mostly to Turkey ($701k), Belarus ($72k), Unknown ($33.1k), Kazakhstan ($29.5k), and Uzbekistan ($19.7k), and imported mostly from Israel ($1.48M), Kazakhstan ($861k), China ($372k), Germany ($153k), and India ($147k).
Growth: In November 2020, the increase in CHECHEN REPUBLIC's year-by-year exports was explained primarily by an increase in exports to Turkey ($182k or 34.9%), Belarus ($24.4k or 51.3%), and Uzbekistan ($4.3k or 27.8%), and product exports increase in Wheat ($182k or 34.9%), Sawn Wood ($32.4k or 257%), and Processed Fish ($24.4k or 51.3%). In November 2020, the increase in CHECHEN REPUBLIC's year-by-year imports was explained primarily by an increase in imports from Kazakhstan ($759k or 746%), China ($127k or 52.1%), and India ($119k or 432%), and product imports increase in Other Furniture ($80.8k or 32.3k%), Building Stone ($72.6k or 220%), and Plastic Pipes ($44.4k or 13.6k%).