Overview In January 2022 MURMANSK REGION exported $1.07B and imported $82M, resulting in a positive trade balance of $988M. Between January 2021 and January 2022 the exports of MURMANSK REGION have increased by $936M (698%) from $134M to $1.07B, while imports increased by $67.3M (459%) from $14.7M to $82M.
Trade In January 2022, the top exports of MURMANSK REGION were Raw Nickel ($970M), Non-fillet Frozen Fish ($30.5M), Calcium Phosphates ($28.1M), Refined Petroleum ($9.94M), and Aluminium Wire ($7.38M). In January 2022 the top imports of MURMANSK REGION were Precipitated Copper ($37.6M), Fishing Ships ($15.2M), Animal Food ($7.6M), Aluminium Oxide ($6.61M), and Rubber Tires ($3.33M).
Destinations In January 2022, MURMANSK REGION exported mostly to Netherlands ($997M), Lithuania ($14.3M), Norway ($12.7M), China ($11.9M), and Finland ($7.38M), and imported mostly from Finland ($40.1M), Norway ($23.1M), Ireland ($4.28M), Italy ($2.54M), and Japan ($2.38M).
Growth In January 2022, the increase in MURMANSK REGION's year-by-year exports was explained primarily by an increase in exports to China ($25.9M or 57.1%), Lithuania ($6.11M or 131%), and Belgium ($3.56M or 25.2%), and product exports increase in Iron Ore ($28.1M or 72.8%), Calcium Phosphates ($4.19M or 18.8%), and Scrap Iron ($1.37M or 32.2%). In January 2022, the increase in MURMANSK REGION's year-by-year imports was explained primarily by an increase in imports from Guinea ($2.48M or 3.62k%), Germany ($1.14M or 516%), and Jamaica ($844k or 41.8%), and product imports increase in Aluminium Oxide ($3.32M or 159%), Transmissions ($1.1M or 2.59k%), and Rubber Belting ($878k or 110k%).