Overview: In November 2020 CHUKOTKA AUTONOMOUS AREA exported $33.5M and imported $23.1M, resulting in a positive trade balance of $10.4M. Between November 2019 and November 2020 the exports of CHUKOTKA AUTONOMOUS AREA have increased by $24.9M (293%) from $8.52M to $33.5M, while imports decreased by $-3.2M (-12.2%) from $26.3M to $23.1M.
Trade: In November 2020, the top exports of CHUKOTKA AUTONOMOUS AREA were Precious Metal Ore ($29.7M), Coal Briquettes ($3.06M), Non-fillet Frozen Fish ($592k), Aluminium Powder ($108k), and Aluminium Foil ($27.7k). In November 2020 the top imports of CHUKOTKA AUTONOMOUS AREA were Precious Metal Ore ($15M), Zinc Powder ($628k), Rubber Pipes ($618k), Transmissions ($516k), and Prepr binder for foundry ($430k).
Destinations: In November 2020, CHUKOTKA AUTONOMOUS AREA exported mostly to China ($28.3M), Vietnam ($3.06M), Kazakhstan ($1.44M), South Korea ($592k), and Azerbaijan ($27.7k), and imported mostly from Kazakhstan ($15M), United States ($5.57M), Canada ($1M), China ($475k), and Belgium ($224k).
Growth: In November 2020, the increase in CHUKOTKA AUTONOMOUS AREA's year-by-year exports was explained primarily by an increase in exports to China ($26.8M or 1.74k%) and Belarus ($9.42k or 256%), and product exports increase in Precious Metal Ore ($26.9M or 955%). In November 2020, the decrease in CHUKOTKA AUTONOMOUS AREA's year-by-year imports was explained primarily by an decrease in imports from China ($-8.21M or -94.5%), United States ($-3.89M or -41.1%), and Canada ($-376k or -27.3%), and product imports decrease in Other Iron Products ($-4.15M or -97.8%), Iron Structures ($-2.24M or -96.9%), and Prepr binder for foundry ($-1.41M or -76.7%).