Overview: In November 2020 ROSTOV REGION exported $843M and imported $201M, resulting in a positive trade balance of $642M. Between November 2019 and November 2020 the exports of ROSTOV REGION have increased by $368M (77.6%) from $475M to $843M, while imports increased by $14.5M (7.79%) from $186M to $201M.
Trade: In November 2020, the top exports of ROSTOV REGION were Wheat ($448M), Seed Oils ($64.1M), Barley ($38.2M), Sunflower Seeds ($34.1M), and Other Vegetable Residues ($16.7M). In November 2020 the top imports of ROSTOV REGION were Coal Briquettes ($8.85M), Sunflower Seeds ($7.56M), Vehicle Parts ($5.75M), Harvesting Machinery ($4.73M), and Refrigerators ($4.54M).
Destinations: In November 2020, ROSTOV REGION exported mostly to Turkey ($186M), Pakistan ($112M), Ukraine ($98.8M), Egypt ($71M), and Jordan ($36.8M), and imported mostly from China ($44.2M), Ukraine ($34.9M), Belarus ($13.8M), Turkey ($11.9M), and Germany ($11.9M).
Growth: In November 2020, the increase in ROSTOV REGION's year-by-year exports was explained primarily by an increase in exports to Pakistan ($108M or 2.3k%), Turkey ($90.1M or 94.2%), and Jordan ($36M or 4.31k%), and product exports increase in Wheat ($320M or 251%), Sunflower Seeds ($21.1M or 163%), and Harvesting Machinery ($11.3M or 482%). In November 2020, the increase in ROSTOV REGION's year-by-year imports was explained primarily by an increase in imports from China ($7.31M or 19.8%), United States ($2.65M or 29.4%), and Italy ($2.53M or 31.2%), and product imports increase in Coal Briquettes ($6.32M or 251%), Sunflower Seeds ($3.47M or 84.7%), and Refrigerators ($2.4M or 112%).