Overview: In November 2020 REPUBLIC OF KHAKASSIA exported $144M and imported $25.8M, resulting in a positive trade balance of $118M. Between November 2019 and November 2020 the exports of REPUBLIC OF KHAKASSIA have increased by $64.6M (81.7%) from $79M to $144M, while imports increased by $3.84M (17.4%) from $22M to $25.8M.
Trade: In November 2020, the top exports of REPUBLIC OF KHAKASSIA were Raw Aluminium ($78.9M), Coal Briquettes ($60.3M), Rapeseed ($1.1M), Copper Ore ($992k), and Ferroalloys ($568k). In November 2020 the top imports of REPUBLIC OF KHAKASSIA were Aluminium Oxide ($16.5M), Bricks ($2.64M), Hydrogen ($1.97M), Rubber Tires ($1.05M), and Fluorides ($680k).
Destinations: In November 2020, REPUBLIC OF KHAKASSIA exported mostly to Japan ($27.2M), Taiwan ($19M), Netherlands ($18.3M), South Korea ($16.4M), and Poland ($11.2M), and imported mostly from Australia ($13.1M), Ireland ($3.42M), China ($3.4M), Netherlands ($2.79M), and United States ($1.05M).
Growth: In November 2020, the increase in REPUBLIC OF KHAKASSIA's year-by-year exports was explained primarily by an increase in exports to Japan ($21.6M or 380%), Netherlands ($17.1M or 1.46k%), and Malaysia ($5.69M or 4.56k%), and product exports increase in Raw Aluminium ($78.6M or 28k%), Copper Ore ($578k or 140%), and Clays ($109k or 110%). In November 2020, the increase in REPUBLIC OF KHAKASSIA's year-by-year imports was explained primarily by an increase in imports from China ($1.98M or 138%), United States ($676k or 179%), and Germany ($139k or 43.7%), and product imports increase in Rubber Tires ($373k or 54.7%), Nonaqueous Paints ($192k or 213%), and Uncoated Paper ($84.3k or 32.9%).