FAR EAST FEDERAL DISTRICT

Overview In January 2022 FAR EAST FEDERAL DISTRICT exported $2.56B and imported $945M, resulting in a positive trade balance of $1.61B. Between January 2021 and January 2022 the exports of FAR EAST FEDERAL DISTRICT have increased by $1.1B (75.5%) from $1.46B to $2.56B, while imports increased by $406M (75.2%) from $539M to $945M.

Trade In January 2022, the top exports of FAR EAST FEDERAL DISTRICT were Crude Petroleum ($677M), Petroleum Gas ($627M), Coal Briquettes ($329M), Diamonds ($296M), and Crustaceans ($112M). In January 2022 the top imports of FAR EAST FEDERAL DISTRICT were Fishing Ships ($114M), Computers ($55.4M), Precious Metal Ore ($44.9M), Telephones ($37.1M), and Office Machine Parts ($27.7M).

Destinations In January 2022, FAR EAST FEDERAL DISTRICT exported mostly to South Korea ($892M), China ($708M), Japan ($328M), Belgium ($127M), and India ($85.1M), and imported mostly from China ($478M), Turkey ($107M), Japan ($76.9M), South Korea ($76.4M), and Kazakhstan ($40.5M).

Growth In January 2022, the increase in FAR EAST FEDERAL DISTRICT's year-by-year exports was explained primarily by an increase in exports to South Korea ($414M or 86.7%), China ($286M or 67.9%), and Japan ($246M or 300%), and product exports increase in Petroleum Gas ($626M or 2.24M%), Crude Petroleum ($333M or 97.1%), and Coal Briquettes ($263M or 397%). In January 2022, the increase in FAR EAST FEDERAL DISTRICT's year-by-year imports was explained primarily by an increase in imports from China ($171M or 55.4%), Turkey ($104M or 3.42k%), and Kazakhstan ($28.7M or 242%), and product imports increase in Fishing Ships ($113M or 9.54k%), Precious Metal Ore ($39.3M or 705%), and Computers ($26.7M or 92.9%).