Republic Of North Ossetia ? Alania

Overview: In November 2020 REPUBLIC OF NORTH OSSETIA ? ALANIA exported $11.7M and imported $2.98M, resulting in a positive trade balance of $8.73M. Between November 2019 and November 2020 the exports of REPUBLIC OF NORTH OSSETIA ? ALANIA have increased by $2.6M (28.6%) from $9.11M to $11.7M, while imports decreased by $-1.64M (-35.5%) from $4.62M to $2.98M.

Trade: In November 2020, the top exports of REPUBLIC OF NORTH OSSETIA ? ALANIA were Wheat ($4.68M), Corn ($807k), Petroleum Gas ($781k), Alcohol > 80% ABV ($700k), and Raw Iron Bars ($640k). In November 2020 the top imports of REPUBLIC OF NORTH OSSETIA ? ALANIA were Hot-Rolled Iron Bars ($580k), Petroleum Gas ($459k), Flavored Water ($430k), Stone Working Machines ($401k), and Enzymes ($176k).

Destinations: In November 2020, REPUBLIC OF NORTH OSSETIA ? ALANIA exported mostly to Armenia ($6.59M), Georgia ($1.99M), South Ossetia ($1.46M), Turkmenistan ($664k), and Turkey ($567k), and imported mostly from Ukraine ($800k), China ($672k), Georgia ($514k), Kazakhstan ($459k), and France ($185k).

Growth: In November 2020, the increase in REPUBLIC OF NORTH OSSETIA ? ALANIA's year-by-year exports was explained primarily by an increase in exports to Armenia ($2.17M or 49.1%), South Ossetia ($572k or 64.5%), and Georgia ($186k or 10.3%), and product exports increase in Wheat ($1.5M or 47.4%), Corn ($383k or 90.5%), and Petroleum Gas ($205k or 35.7%). In November 2020, the decrease in REPUBLIC OF NORTH OSSETIA ? ALANIA's year-by-year imports was explained primarily by an decrease in imports from Italy ($-1.71M or -98%), Georgia ($-251k or -32.8%), and Turkey ($-239k or -76.6%), and product imports decrease in Washing and Bottling Machines ($-1.42M or -98.4%), Citrus ($-224k or -74.3%), and Iron Blocks ($-145k or -71.2%).