Overview In July 2021 ORENBURG REGION exported $266M and imported $26.6M, resulting in a positive trade balance of $240M. Between July 2020 and July 2021 the exports of ORENBURG REGION have increased by $84.7M (46.7%) from $181M to $266M, while imports increased by $1.07M (4.19%) from $25.5M to $26.6M.
Trade In July 2021, the top exports of ORENBURG REGION were Pig Iron ($101M), Refined Petroleum ($56.3M), Crude Petroleum ($50.9M), Other Metals ($10.5M), and Asbestos ($9.14M). In July 2021 the top imports of ORENBURG REGION were Pitted Fruits ($4.86M), Chromium Ore ($2.21M), Integrated Circuits ($1.68M), Liquid Pumps ($1.63M), and Vehicle Parts ($1.15M).
Destinations In July 2021, ORENBURG REGION exported mostly to United States ($77.9M), Belarus ($47.1M), Kazakhstan ($30.6M), Tajikistan ($21.7M), and Kyrgyzstan ($17.1M), and imported mostly from Uzbekistan ($7.32M), Kazakhstan ($5.59M), China ($5.39M), Czechia ($1.89M), and Germany ($1.52M).
Growth In July 2021, the increase in ORENBURG REGION's year-by-year exports was explained primarily by an increase in exports to United States ($38.9M or 99.9%), Belarus ($21.2M or 81.5%), and Kazakhstan ($14.6M or 91.1%), and product exports increase in Pig Iron ($29.2M or 40.7%), Refined Petroleum ($20.1M or 55.3%), and Crude Petroleum ($17.9M or 54.5%). In July 2021, the increase in ORENBURG REGION's year-by-year imports was explained primarily by an increase in imports from Uzbekistan ($5.8M or 383%), China ($2.5M or 86.6%), and Czechia ($1.56M or 475%), and product imports increase in Pitted Fruits ($4.29M or 761%), Integrated Circuits ($1.62M or 2.96k%), and Liquid Pumps ($1.58M or 2.95k%).