Overview: In November 2020 OMSK REGION exported $72.1M and imported $38.8M, resulting in a positive trade balance of $33.3M. Between November 2019 and November 2020 the exports of OMSK REGION have decreased by $-3.92M (-5.15%) from $76M to $72.1M, while imports increased by $6.65M (20.6%) from $32.2M to $38.8M.
Trade: In November 2020, the top exports of OMSK REGION were Carbon ($9.32M), Linseed ($8.63M), Wheat ($6.67M), Synthetic Rubber ($4.27M), and Rapeseed Oil ($4.25M). In November 2020 the top imports of OMSK REGION were Ball Bearings ($3.8M), Other Heating Machinery ($3.74M), Iron Pipes ($2.53M), Lifting Machinery ($2.22M), and Cyclic Hydrocarbons ($2.09M).
Destinations: In November 2020, OMSK REGION exported mostly to N/A, and imported mostly from Kazakhstan ($10M), Italy ($5.65M), China ($3.23M), United States ($2.95M), and Japan ($2.78M).
Growth: In November 2020, the decrease in OMSK REGION's year-by-year exports was explained primarily by an decrease in exports to Finland ($-3.52M or -95.9%), Poland ($-3.24M or -75.7%), and Kazakhstan ($-3.02M or -12.3%), and product exports decrease in Carbon ($-5.42M or -36.8%), Acyclic Hydrocarbons ($-4.27M or -89.7%), and Propylene Polymers ($-2.16M or -37.4%). In November 2020, the increase in OMSK REGION's year-by-year imports was explained primarily by an increase in imports from Italy ($4.91M or 665%), Japan ($2.49M or 876%), and United States ($1.73M or 142%), and product imports increase in Lifting Machinery ($2.14M or 2.97k%), Commodities not elsewhere specified ($1.46M or 279k%), and Beer ($841k or 110%).