Overview: In November 2020 PERM TERRITORY exported $361M and imported $55.8M, resulting in a positive trade balance of $306M. Between November 2019 and November 2020 the exports of PERM TERRITORY have decreased by $-164M (-31.2%) from $525M to $361M, while imports decreased by $-31.5M (-36.1%) from $87.3M to $55.8M.
Trade: In November 2020, the top exports of PERM TERRITORY were Potassic Fertilizers ($136M), Refined Petroleum ($77.2M), Nitrogenous Fertilizers ($18.9M), Petroleum Gas ($12M), and Other Uncoated Paper ($8.08M). In November 2020 the top imports of PERM TERRITORY were Cleaning Products ($4.03M), Other Heating Machinery ($3.74M), Washing and Bottling Machines ($2.87M), Motor-working Tools ($1.39M), and Air Pumps ($1.34M).
Destinations: In November 2020, PERM TERRITORY exported mostly to Brazil ($66.8M), United States ($61.8M), China ($50.2M), Netherlands ($19M), and Kazakhstan ($15.8M), and imported mostly from China ($12.9M), Germany ($7.62M), Italy ($6.38M), Belarus ($4.52M), and Serbia ($3.48M).
Growth: In November 2020, the decrease in PERM TERRITORY's year-by-year exports was explained primarily by an decrease in exports to Netherlands ($-95.9M or -83.5%), South Korea ($-38M or -98.6%), and India ($-30.4M or -94.8%), and product exports decrease in Refined Petroleum ($-93.6M or -54.8%), Potassic Fertilizers ($-47.2M or -25.8%), and Newsprint ($-12.8M or -83.5%). In November 2020, the decrease in PERM TERRITORY's year-by-year imports was explained primarily by an decrease in imports from Germany ($-9.32M or -55%), China ($-6.83M or -34.6%), and Ukraine ($-3.64M or -78%), and product imports decrease in Other Heating Machinery ($-3.7M or -49.7%), Refrigerators ($-3.2M or -99.1%), and Drilling Machines ($-2.05M or -99.6%).