Overview: In November 2020 CHELYABINSK REGION exported $421M and imported $208M, resulting in a positive trade balance of $213M. Between November 2019 and November 2020 the exports of CHELYABINSK REGION have increased by $49.8M (13.4%) from $371M to $421M, while imports decreased by $-46.3M (-18.2%) from $254M to $208M.
Trade: In November 2020, the top exports of CHELYABINSK REGION were Hot-Rolled Iron ($149M), Copper Wire ($40.6M), Refined Copper ($35.6M), Ferroalloys ($24.5M), and Coated Flat-Rolled Iron ($15.1M). In November 2020 the top imports of CHELYABINSK REGION were Iron Ore ($53.7M), Centrifuges ($11.9M), Zinc Ore ($10.4M), Manganese Ore ($8.68M), and Vehicle Parts ($8.39M).
Destinations: In November 2020, CHELYABINSK REGION exported mostly to Kazakhstan ($71M), Vietnam ($51.2M), Egypt ($42.1M), Turkey ($41.9M), and Uzbekistan ($36.7M), and imported mostly from Kazakhstan ($78.8M), China ($48.8M), Germany ($17.7M), Italy ($9.61M), and South Africa ($8.68M).
Growth: In November 2020, the increase in CHELYABINSK REGION's year-by-year exports was explained primarily by an increase in exports to Vietnam ($47.1M or 1.15k%), Turkey ($15.3M or 57.6%), and Brazil ($11.3M or 881%), and product exports increase in Hot-Rolled Iron ($79.4M or 114%), Refined Copper ($14.4M or 67.9%), and Sawn Wood ($4.16M or 198%). In November 2020, the decrease in CHELYABINSK REGION's year-by-year imports was explained primarily by an decrease in imports from Germany ($-28.4M or -61.6%), Spain ($-8.15M or -84.6%), and Italy ($-5.88M or -38%), and product imports decrease in Stone Processing Machines ($-20.9M or -83.2%), Manganese Ore ($-5.59M or -39.2%), and Chocolate ($-4.32M or -96.6%).