Overview: In November 2020 NOVOSIBIRSK REGION exported $266M and imported $159M, resulting in a positive trade balance of $108M. Between November 2019 and November 2020 the exports of NOVOSIBIRSK REGION have decreased by $-168M (-38.7%) from $434M to $266M, while imports decreased by $-232M (-59.4%) from $391M to $159M.
Trade: In November 2020, the top exports of NOVOSIBIRSK REGION were Coal Briquettes ($112M), Commodities not elsewhere specified ($30.5M), Chocolate ($16.3M), Rapeseed ($13.2M), and Nuclear Reactors ($6.49M). In November 2020 the top imports of NOVOSIBIRSK REGION were Hot-Rolled Iron ($8.21M), Vehicle Parts ($4.96M), Large Construction Vehicles ($4.52M), Coated Flat-Rolled Iron ($4.23M), and Models and Stuffed Animals ($4.16M).
Destinations: In November 2020, NOVOSIBIRSK REGION exported mostly to China ($85.6M), Kazakhstan ($34.5M), United Kingdom ($24M), India ($19.8M), and United States ($9.98M), and imported mostly from China ($73.7M), Kazakhstan ($19.1M), Belarus ($7.39M), United States ($5.95M), and Germany ($5.09M).
Growth: In November 2020, the decrease in NOVOSIBIRSK REGION's year-by-year exports was explained primarily by an decrease in exports to Azerbaijan ($-64.5M or -98.6%), Latvia ($-42.3M or -97.7%), and Ukraine ($-28.5M or -92.3%), and product exports decrease in Commodities not elsewhere specified ($-98M or -76.2%), Nuclear Reactors ($-60M or -90.2%), and LCDs ($-39.8M or -100%). In November 2020, the decrease in NOVOSIBIRSK REGION's year-by-year imports was explained primarily by an decrease in imports from France ($-207M or -99.8%), China ($-12.2M or -14.2%), and Kazakhstan ($-6.6M or -25.7%), and product imports decrease in Commodities not elsewhere specified ($-206M or -99.8%), Delivery Trucks ($-8.77M or -90.7%), and Cold-Rolled Iron ($-5.66M or -73.6%).