Overview In January 2022 PERM TERRITORY exported $895M and imported $70.3M, resulting in a positive trade balance of $824M. Between January 2021 and January 2022 the exports of PERM TERRITORY have increased by $501M (127%) from $394M to $895M, while imports increased by $32.2M (84.2%) from $38.2M to $70.3M.
Trade In January 2022, the top exports of PERM TERRITORY were Potassic Fertilizers ($446M), Refined Petroleum ($205M), Nitrogenous Fertilizers ($70.5M), Petroleum Gas ($23.1M), and Coke ($17M). In January 2022 the top imports of PERM TERRITORY were Prepr binder for foundry ($6.93M), Titanium Ore ($4.74M), Motor-working Tools ($2.76M), Hard Liquor ($2.49M), and Reaction and Catalytic Products ($1.79M).
Destinations In January 2022, PERM TERRITORY exported mostly to Brazil ($194M), United Kingdom ($99.4M), United States ($77.1M), China ($61.3M), and France ($46.8M), and imported mostly from China ($34M), Vietnam ($4.87M), Belarus ($3.42M), Kazakhstan ($3.23M), and Germany ($3.17M).
Growth In January 2022, the increase in PERM TERRITORY's year-by-year exports was explained primarily by an increase in exports to Indonesia ($34M or 67.5k%), Estonia ($28.8M or 405%), and Brazil ($27.7M or 202%), and product exports increase in Potassic Fertilizers ($168M or 643%), Acyclic Alcohols ($17M or 855%), and Other Uncoated Paper ($4.19M or 3.13k%). In January 2022, the increase in PERM TERRITORY's year-by-year imports was explained primarily by an increase in imports from Italy ($1.87M or 163%), Mongolia ($781k or 84.7%), and Serbia ($763k or 187%), and product imports increase in Feldspar ($1.08M or 117%), Enzymes ($583k or 240%), and Refractory Cements ($529k or 322%).