Overview In June 2021 REPUBLIC OF TATARSTAN exported $1.22B and imported $507M, resulting in a positive trade balance of $710M. Between June 2020 and June 2021 the exports of REPUBLIC OF TATARSTAN have increased by $621M (104%) from $597M to $1.22B, while imports increased by $190M (60%) from $317M to $507M.
Trade In June 2021, the top exports of REPUBLIC OF TATARSTAN were Refined Petroleum ($543M), Crude Petroleum ($349M), Synthetic Rubber ($79.9M), Seed Oils ($29.2M), and Ethylene Polymers ($18M). In June 2021 the top imports of REPUBLIC OF TATARSTAN were Vehicle Parts ($117M), Combustion Engines ($32.4M), Harvesting Machinery ($23.9M), Other Heating Machinery ($23M), and Reaction and Catalytic Products ($14.9M).
Destinations In June 2021, REPUBLIC OF TATARSTAN exported mostly to Netherlands ($235M), Poland ($227M), Germany ($111M), Slovakia ($79.3M), and Kazakhstan ($48.2M), and imported mostly from Germany ($123M), United States ($72.5M), China ($56M), Turkey ($31.4M), and Italy ($23.5M).
Growth In June 2021, the increase in REPUBLIC OF TATARSTAN's year-by-year exports was explained primarily by an increase in exports to Netherlands ($168M or 254%), Poland ($161M or 242%), and Slovakia ($59.9M or 310%), and product exports increase in Refined Petroleum ($330M or 155%), Crude Petroleum ($195M or 126%), and Seed Oils ($20.7M or 243%). In June 2021, the increase in REPUBLIC OF TATARSTAN's year-by-year imports was explained primarily by an increase in imports from United States ($58.6M or 422%), Germany ($32.7M or 36.1%), and Turkey ($12.4M or 65.5%), and product imports increase in Vehicle Parts ($65.5M or 128%), Combustion Engines ($17M or 109%), and Harvesting Machinery ($16.2M or 213%).