Overview: In November 2020 KURSK REGION exported $81.2M and imported $44.6M, resulting in a positive trade balance of $36.5M. Between November 2019 and November 2020 the exports of KURSK REGION have increased by $193k (0.24%) from $81M to $81.2M, while imports increased by $9.67M (27.6%) from $35M to $44.6M.
Trade: In November 2020, the top exports of KURSK REGION were Iron Ore ($36.1M), Chocolate ($4.44M), Raw Plastic Sheeting ($4.01M), Malt ($3.08M), and Starch Residue ($3M). In November 2020 the top imports of KURSK REGION were Machinery Having Individual Functions ($9.59M), Packaged Medicaments ($6.84M), Industrial Printers ($2.27M), Plastic Lids ($1.47M), and Washing and Bottling Machines ($1.46M).
Destinations: In November 2020, KURSK REGION exported mostly to Latvia ($9.88M), Slovakia ($9.41M), Hungary ($8.89M), China ($7.38M), and Ukraine ($6.67M), and imported mostly from China ($7.66M), Italy ($6.36M), Ukraine ($5.44M), Ireland ($4.69M), and Poland ($4.33M).
Growth: In November 2020, the increase in KURSK REGION's year-by-year exports was explained primarily by an increase in exports to Slovakia ($9.33M or 12.6k%), Latvia ($7.31M or 285%), and Romania ($1.73M or 1.12k%), and product exports increase in Malt ($2.9M or 1.66k%), Rubber Belting ($1.72M or 198%), and Pig Meat ($1.48M or 271%). In November 2020, the increase in KURSK REGION's year-by-year imports was explained primarily by an increase in imports from China ($5.06M or 195%), Ireland ($4.56M or 3.46k%), and Poland ($4.11M or 1.88k%), and product imports increase in Machinery Having Individual Functions ($9.37M or 4.14k%), Industrial Printers ($1.8M or 379%), and Washing and Bottling Machines ($1.23M or 544%).