Overview In January 2022 REPUBLIC OF TATARSTAN exported $1.04B and imported $419M, resulting in a positive trade balance of $625M. Between January 2021 and January 2022 the exports of REPUBLIC OF TATARSTAN have increased by $247M (31%) from $797M to $1.04B, while imports increased by $172M (69.3%) from $247M to $419M.
Trade In January 2022, the top exports of REPUBLIC OF TATARSTAN were Refined Petroleum ($530M), Crude Petroleum ($189M), Synthetic Rubber ($101M), Nitrogenous Fertilizers ($76.3M), and Ethylene Polymers ($16.9M). In January 2022 the top imports of REPUBLIC OF TATARSTAN were Motor vehicles; parts and accessories (8701... ($80.5M), Other Heating Machinery ($36.1M), Rubber ($21.6M), Combustion Engines ($19.4M), and Nitrogen Heterocyclic Compounds ($10.9M).
Destinations In January 2022, REPUBLIC OF TATARSTAN exported mostly to Netherlands ($288M), Poland ($194M), Finland ($94.8M), Kazakhstan ($48.7M), and Belarus ($38.6M), and imported mostly from Germany ($85.6M), China ($78.6M), Turkey ($34M), United States ($33.3M), and Italy ($18.3M).
Growth In January 2022, the increase in REPUBLIC OF TATARSTAN's year-by-year exports was explained primarily by an increase in exports to Poland ($85.8M or 80.2%), Belarus ($54M or 223%), and Slovakia ($35.4M or 141%), and product exports increase in Crude Petroleum ($50M or 18%), Synthetic Rubber ($10.9M or 14.8%), and Delivery Trucks ($5.87M or 260%). In January 2022, the increase in REPUBLIC OF TATARSTAN's year-by-year imports was explained primarily by an increase in imports from Germany ($26.4M or 96.2%), Turkey ($13.6M or 95.8%), and China ($12.9M or 41.6%), and product imports increase in Other Heating Machinery ($32.8M or 19.2k%), Motor vehicles; parts and accessories (8701... ($20.7M or 74.2%), and Combustion Engines ($4.8M or 85.4%).