Overview: In November 2020 KURGAN REGION exported $19.8M and imported $18.6M, resulting in a positive trade balance of $1.27M. Between November 2019 and November 2020 the exports of KURGAN REGION have increased by $4.23M (27.1%) from $15.6M to $19.8M, while imports increased by $3.86M (26.2%) from $14.7M to $18.6M.
Trade: In November 2020, the top exports of KURGAN REGION were Commodities not elsewhere specified ($11.6M), Sawn Wood ($1.54M), Packaged Medicaments ($1.25M), Iron Structures ($668k), and Other Heating Machinery ($624k). In November 2020 the top imports of KURGAN REGION were Wheat ($10.3M), Antibiotics ($1.6M), Valves ($845k), Medical Instruments ($723k), and Nitrogen Heterocyclic Compounds ($458k).
Destinations: In November 2020, KURGAN REGION exported mostly to India ($11.6M), Kazakhstan ($2.66M), China ($1.05M), United States ($625k), and Afghanistan ($565k), and imported mostly from Kazakhstan ($10.8M), China ($3.7M), Italy ($725k), United States ($706k), and Hungary ($562k).
Growth: In November 2020, the increase in KURGAN REGION's year-by-year exports was explained primarily by an increase in exports to India ($7.33M or 173%), United States ($116k or 22.8%), and Tajikistan ($70.5k or 319%), and product exports increase in Commodities not elsewhere specified ($7.21M or 165%), Iron Structures ($661k or 8.36k%), and Iron Powder ($291k or 275%). In November 2020, the increase in KURGAN REGION's year-by-year imports was explained primarily by an increase in imports from Kazakhstan ($5.4M or 101%), China ($1.4M or 60.5%), and United States ($478k or 210%), and product imports increase in Wheat ($5.61M or 119%), Antibiotics ($897k or 128%), and Valves ($755k or 837%).