Overview In July 2021 CHUVASH REPUBLIC exported $22.8M and imported $21.9M, resulting in a positive trade balance of $902k. Between July 2020 and July 2021 the exports of CHUVASH REPUBLIC have increased by $7.23M (46.6%) from $15.5M to $22.8M, while imports decreased by $-2.24M (-9.29%) from $24.1M to $21.9M.
Trade In July 2021, the top exports of CHUVASH REPUBLIC were Locomotive Parts ($5.05M), Baked Goods ($1.86M), Pesticides ($1.25M), Prepared Rubber Accelerators ($1.1M), and Coffee ($1M). In July 2021 the top imports of CHUVASH REPUBLIC were N/A.
Destinations In July 2021, CHUVASH REPUBLIC exported mostly to Kazakhstan ($8.98M), Belarus ($2.7M), China ($1.98M), Uzbekistan ($1.05M), and Lithuania ($1.03M), and imported mostly from China ($4.91M), Germany ($4.04M), Belarus ($3.27M), Ukraine ($1.96M), and Puerto Rico ($1.36M).
Growth In July 2021, the increase in CHUVASH REPUBLIC's year-by-year exports was explained primarily by an increase in exports to Kazakhstan ($6.61M or 280%), China ($839k or 73.4%), and Lithuania ($483k or 88.2%), and product exports increase in Locomotive Parts ($4.85M or 2.43k%), Baked Goods ($1.13M or 157%), and Wood Carpentry ($630k or 184%). In July 2021, the decrease in CHUVASH REPUBLIC's year-by-year imports was explained primarily by an decrease in imports from China ($-5.34M or -52.1%), Austria ($-1.23M or -84.4%), and Japan ($-864k or -61.5%), and product imports decrease in Sulfonamides ($-3.23M or -70.3%), Pesticides ($-1.47M or -44.4%), and Reaction and Catalytic Products ($-669k or -97.9%).