Overview: In November 2020 KALUGA REGION exported $99.8M and imported $563M, resulting in a negative trade balance of $464M. Between November 2019 and November 2020 the exports of KALUGA REGION have increased by $28.2M (39.4%) from $71.6M to $99.8M, while imports increased by $4.71M (0.84%) from $559M to $563M.
Trade: In November 2020, the top exports of KALUGA REGION were Semi-Finished Iron ($24.1M), Raw Iron Bars ($8.94M), Video Displays ($7.55M), Other Steel Bars ($6.26M), and Rubber Tires ($5.83M). In November 2020 the top imports of KALUGA REGION were Vehicle Parts ($129M), Cars ($106M), Broadcasting Accessories ($42.9M), Combustion Engines ($16.3M), and Spark-Ignition Engines ($16.1M).
Destinations: In November 2020, KALUGA REGION exported mostly to Kazakhstan ($15.3M), Turkey ($12.7M), Germany ($6.75M), Belarus ($6.2M), and Nigeria ($6.15M), and imported mostly from Germany ($144M), Czechia ($75.5M), China ($56.9M), Slovakia ($43.3M), and Vietnam ($38.7M).
Growth: In November 2020, the increase in KALUGA REGION's year-by-year exports was explained primarily by an increase in exports to Turkey ($12.2M or 2.72k%), Germany ($4.96M or 278%), and United Kingdom ($4.72M or 24.3k%), and product exports increase in Raw Iron Bars ($4.12M or 85.6%), Rubber Tires ($3.03M or 108%), and Toilet Paper ($1.9M or 1.07M%). In November 2020, the increase in KALUGA REGION's year-by-year imports was explained primarily by an increase in imports from Czechia ($46.7M or 162%), Germany ($22.6M or 18.7%), and Vietnam ($10.3M or 36.3%), and product imports increase in Vehicle Parts ($27.5M or 27.2%), Broadcasting Accessories ($7.12M or 19.9%), and Cars ($6.44M or 6.5%).