Overview: In November 2020 KOSTROMA REGION exported $411M and imported $13.7M, resulting in a positive trade balance of $397M. Between November 2019 and November 2020 the exports of KOSTROMA REGION have increased by $191M (87.2%) from $219M to $411M, while imports increased by $2.28M (19.9%) from $11.5M to $13.7M.
Trade: In November 2020, the top exports of KOSTROMA REGION were Gold ($385M), Plywood ($8.33M), Wood Fiberboard ($3.22M), Jewellery ($2.96M), and Passenger and Cargo Ships ($2.23M). In November 2020 the top imports of KOSTROMA REGION were Raw Tobacco ($2.16M), Commodities not elsewhere specified ($1.56M), Diamonds ($1.12M), Cellulose Fibers Paper ($732k), and Precious Metal Compounds ($553k).
Destinations: In November 2020, KOSTROMA REGION exported mostly to United Kingdom ($386M), Kazakhstan ($3.66M), Netherlands ($2.35M), Belarus ($2.34M), and Uzbekistan ($1.51M), and imported mostly from China ($1.71M), Germany ($1.64M), Italy ($1.48M), Brazil ($1.41M), and Turkey ($1.17M).
Growth: In November 2020, the increase in KOSTROMA REGION's year-by-year exports was explained primarily by an increase in exports to United Kingdom ($188M or 94.9%), Netherlands ($2.33M or 16.6k%), and Uzbekistan ($905k or 148%), and product exports increase in Gold ($188M or 94.8%), Particle Board ($1.17M or 214%), and Wood Fiberboard ($481k or 17.6%). In November 2020, the increase in KOSTROMA REGION's year-by-year imports was explained primarily by an increase in imports from Brazil ($1.25M or 763%), Turkey ($816k or 231%), and Germany ($423k or 34.9%), and product imports increase in Raw Tobacco ($1.95M or 965%), Commodities not elsewhere specified ($1.19M or 331%), and Cellulose Fibers Paper ($315k or 75.7%).