Overview: In November 2020 FAR EAST FEDERAL DISTRICT exported $2.27B and imported $722M, resulting in a positive trade balance of $1.55B. Between November 2019 and November 2020 the exports of FAR EAST FEDERAL DISTRICT have increased by $103M (4.78%) from $2.16B to $2.27B, while imports decreased by $-14.8M (-2.01%) from $737M to $722M.
Trade: In November 2020, the top exports of FAR EAST FEDERAL DISTRICT were Crude Petroleum ($612M), Diamonds ($355M), Petroleum Gas ($299M), Non-fillet Frozen Fish ($167M), and Coal Briquettes ($154M). In November 2020 the top imports of FAR EAST FEDERAL DISTRICT were Vehicle Bodies ($57.9M), Fishing Ships ($46.7M), Computers ($42M), Precious Metal Ore ($38.8M), and Vehicle Parts ($32.1M).
Destinations: In November 2020, FAR EAST FEDERAL DISTRICT exported mostly to South Korea ($698M), China ($635M), Japan ($381M), Belgium ($162M), and India ($109M), and imported mostly from China ($316M), Japan ($123M), Germany ($54M), Kazakhstan ($45.2M), and South Korea ($44.7M).
Growth: In November 2020, the increase in FAR EAST FEDERAL DISTRICT's year-by-year exports was explained primarily by an increase in exports to South Korea ($187M or 36.7%), China ($78.7M or 14.1%), and India ($48.5M or 80.6%), and product exports increase in Diamonds ($85.8M or 31.9%), Commodities not elsewhere specified ($55.2M or 862%), and Iron Ore ($45.5M or 532%). In November 2020, the decrease in FAR EAST FEDERAL DISTRICT's year-by-year imports was explained primarily by an decrease in imports from China ($-52.1M or -14.1%), Italy ($-44.4M or -92.6%), and Brazil ($-5.19M or -50.4%), and product imports decrease in Air Pumps ($-43.8M or -93.7%), Citrus ($-15.4M or -91.8%), and Large Construction Vehicles ($-13M or -64.2%).