Overview: In November 2020 REPUBLIC OF ADYGEYA exported $3.64M and imported $6.02M, resulting in a negative trade balance of $2.38M. Between November 2019 and November 2020 the exports of REPUBLIC OF ADYGEYA have decreased by $-137k (-3.63%) from $3.78M to $3.64M, while imports decreased by $-104k (-1.7%) from $6.12M to $6.02M.
Trade: In November 2020, the top exports of REPUBLIC OF ADYGEYA were Rice ($1.46M), Transmissions ($628k), Sawn Wood ($275k), Seed Oils ($202k), and Essential Oils ($180k). In November 2020 the top imports of REPUBLIC OF ADYGEYA were Coated Flat-Rolled Iron ($2.31M), Unglazed Ceramics ($800k), Other Live Plants ($585k), Dairy Machinery ($453k), and Nonaqueous Paints ($286k).
Destinations: In November 2020, REPUBLIC OF ADYGEYA exported mostly to Turkey ($1.3M), Kazakhstan ($277k), Israel ($276k), Armenia ($264k), and Lithuania ($260k), and imported mostly from Italy ($1.29M), Slovakia ($1.11M), Netherlands ($873k), India ($857k), and Germany ($817k).
Growth: In November 2020, the decrease in REPUBLIC OF ADYGEYA's year-by-year exports was explained primarily by an decrease in exports to Turkey ($-267k or -17.1%), Azerbaijan ($-151k or -77.5%), and Abkhazia ($-129k or -35.2%), and product exports decrease in Perfume Plants ($-227k or -99.3%), Rice ($-108k or -6.91%), and Fermented Milk Products ($-103k or -44.4%). In November 2020, the decrease in REPUBLIC OF ADYGEYA's year-by-year imports was explained primarily by an decrease in imports from Italy ($-1.44M or -52.8%), Moldova ($-152k or -69.6%), and Netherlands ($-118k or -11.9%), and product imports decrease in Other Live Plants ($-2.02M or -77.6%), Wine ($-454k or -96.2%), and Wood Fiberboard ($-281k or -87.2%).