Overview In January 2022 IRKUTSK REGION exported $668M and imported $159M, resulting in a positive trade balance of $509M. Between January 2021 and January 2022 the exports of IRKUTSK REGION have increased by $195M (41.1%) from $473M to $668M, while imports increased by $40.2M (33.8%) from $119M to $159M.
Trade In January 2022, the top exports of IRKUTSK REGION were Crude Petroleum ($245M), Raw Aluminium ($121M), Sawn Wood ($94.4M), Sulfate Chemical Woodpulp ($73.1M), and Aluminium Wire ($52.8M). In January 2022 the top imports of IRKUTSK REGION were Aluminium Oxide ($84.7M), Other Heating Machinery ($12.7M), Nitrogen Heterocyclic Compounds ($4.41M), Washing and Bottling Machines ($3.34M), and Liquid Pumps ($2.3M).
Destinations In January 2022, IRKUTSK REGION exported mostly to China ($373M), Japan ($46.6M), Turkey ($45.2M), Netherlands ($42.4M), and Denmark ($20.4M), and imported mostly from Ukraine ($59.9M), China ($29.6M), Australia ($24.8M), United Kingdom ($9.4M), and Germany ($6.79M).
Growth In January 2022, the increase in IRKUTSK REGION's year-by-year exports was explained primarily by an increase in exports to China ($28.7M or 10.4%), Turkey ($19.7M or 464%), and Bulgaria ($5.58M or 2.73k%), and product exports increase in Raw Aluminium ($105M or 350%), Aluminium Wire ($19.6M or 286%), and Vinyl Chloride Polymers ($4.66M or 575%). In January 2022, the increase in IRKUTSK REGION's year-by-year imports was explained primarily by an increase in imports from Australia ($5.67M or 46.5%), Finland ($4.92M or 507%), and South Korea ($3.73M or 300%), and product imports increase in Papermaking Machines ($14.1M or 35.1k%), Other Heating Machinery ($10.1M or 2.52k%), and Casting Machines ($8.66M or 121k%).