REPUBLIC OF ADYGEYA

Overview In January 2022 REPUBLIC OF ADYGEYA exported $2.32M and imported $3.51M, resulting in a negative trade balance of $1.2M. Between January 2021 and January 2022 the exports of REPUBLIC OF ADYGEYA have increased by $672k (40.8%) from $1.65M to $2.32M, while imports increased by $412k (13.3%) from $3.1M to $3.51M.

Trade In January 2022, the top exports of REPUBLIC OF ADYGEYA were Essential Oils ($613k), Other Uncoated Paper ($169k), Fermented Milk Products ($169k), Malt Extract ($124k), and Industrial Fatty Acids, Oils and Alcohols ($116k). In January 2022 the top imports of REPUBLIC OF ADYGEYA were Coated Flat-Rolled Iron ($1.27M), Unglazed Ceramics ($838k), Worked Slate ($188k), Other Paper Machinery ($106k), and Soil Preparation Machinery ($82k).

Destinations In January 2022, REPUBLIC OF ADYGEYA exported mostly to Netherlands ($405k), Abkhazia ($359k), Kazakhstan ($232k), Austria ($208k), and Ukraine ($197k), and imported mostly from India ($907k), Turkey ($464k), Germany ($434k), Slovakia ($423k), and Netherlands ($333k).

Growth In January 2022, the increase in REPUBLIC OF ADYGEYA's year-by-year exports was explained primarily by an increase in exports to Kazakhstan ($181k or 81%), Azerbaijan ($101k or 56.6%), and Ukraine ($72k or 62.7%), and product exports increase in Transmissions ($246k or 100%), Seed Oils ($147k or 54.6%), and Fermented Milk Products ($45.4k or 49%). In January 2022, the increase in REPUBLIC OF ADYGEYA's year-by-year imports was explained primarily by an increase in imports from China ($363k or 90.4%), Finland ($129k or 55.6%), and France ($51.2k or 75.4%), and product imports increase in Cellulose Fibers Paper ($217k or 244%), Wood Fiberboard ($134k or 65.9%), and Metalworking Machine Parts ($102k or 7.79k%).