Overview: In November 2020 IRKUTSK REGION exported $538M and imported $116M, resulting in a positive trade balance of $422M. Between November 2019 and November 2020 the exports of IRKUTSK REGION have decreased by $-23.1M (-4.12%) from $561M to $538M, while imports decreased by $-5.8M (-4.76%) from $122M to $116M.
Trade: In November 2020, the top exports of IRKUTSK REGION were Raw Aluminium ($227M), Crude Petroleum ($99.8M), Sawn Wood ($63.8M), Sulfate Chemical Woodpulp ($62.9M), and Coal Briquettes ($13.5M). In November 2020 the top imports of IRKUTSK REGION were Aluminium Oxide ($49.1M), Other Heating Machinery ($12.1M), Papermaking Machines ($5.81M), Nitrogen Heterocyclic Compounds ($3.27M), and Hydrogen ($2.67M).
Destinations: In November 2020, IRKUTSK REGION exported mostly to China ($258M), South Korea ($50.1M), Japan ($40M), Netherlands ($37M), and Turkey ($25.3M), and imported mostly from Ukraine ($37.8M), China ($24.2M), Australia ($11.9M), Finland ($7.9M), and Estonia ($5.55M).
Growth: In November 2020, the decrease in IRKUTSK REGION's year-by-year exports was explained primarily by an decrease in exports to China ($-36.5M or -12.4%), India ($-15.8M or -86.8%), and Italy ($-12.4M or -54.5%), and product exports decrease in Crude Petroleum ($-87.9M or -46.8%), Sawn Wood ($-12.3M or -16.2%), and Other Measuring Instruments ($-4.75M or -99.7%). In November 2020, the decrease in IRKUTSK REGION's year-by-year imports was explained primarily by an decrease in imports from India ($-3.23M or -53.4%), Canada ($-2.76M or -87.7%), and United States ($-2.52M or -49.1%), and product imports decrease in Industrial Furnaces ($-4.53M or -99.8%), Medical Instruments ($-3.62M or -65.5%), and Aluminium Oxide ($-3.27M or -6.24%).