Overview In August 2021 ROSTOV REGION exported $1.03B and imported $258M, resulting in a positive trade balance of $771M. Between August 2020 and August 2021 the exports of ROSTOV REGION have increased by $305M (42.2%) from $724M to $1.03B, while imports increased by $59.3M (29.8%) from $199M to $258M.
Trade In August 2021, the top exports of ROSTOV REGION were Wheat ($620M), Seed Oils ($61.3M), Barley ($51.9M), Coal Briquettes ($33M), and Harvesting Machinery ($17.1M). In August 2021 the top imports of ROSTOV REGION were Coal Briquettes ($8.61M), Coated Flat-Rolled Iron ($8.06M), Hot-Rolled Iron ($6.98M), Electrical Transformers ($5.5M), and Rolled Tobacco ($5.44M).
Destinations In August 2021, ROSTOV REGION exported mostly to Turkey ($321M), Ukraine ($126M), Egypt ($107M), Unknown ($92.9M), and Saudi Arabia ($41.2M), and imported mostly from China ($65.5M), Ukraine ($41M), Germany ($21.3M), Belarus ($18.4M), and Vietnam ($12.8M).
Growth In August 2021, the increase in ROSTOV REGION's year-by-year exports was explained primarily by an increase in exports to Turkey ($215M or 202%), Unknown ($81.2M or 695%), and Ukraine ($44.2M or 53.8%), and product exports increase in Wheat ($150M or 32.1%), Seed Oils ($33.9M or 124%), and Coal Briquettes ($26.4M or 395%). In August 2021, the increase in ROSTOV REGION's year-by-year imports was explained primarily by an increase in imports from China ($18M or 37.8%), Germany ($9.7M or 83.3%), and Ukraine ($8.02M or 24.3%), and product imports increase in Coated Flat-Rolled Iron ($6.54M or 430%), Coal Briquettes ($3.55M or 70.2%), and Ethylene Polymers ($3.25M or 365%).