Overview In January 2022 ROSTOV REGION exported $529M and imported $252M, resulting in a positive trade balance of $277M. Between January 2021 and January 2022 the exports of ROSTOV REGION have decreased by $-2.52M (-0.47%) from $532M to $529M, while imports increased by $64.7M (34.6%) from $187M to $252M.
Trade In January 2022, the top exports of ROSTOV REGION were Wheat ($176M), Seed Oils ($43.5M), Dried Legumes ($32.5M), Coal Briquettes ($28.6M), and Other Vegetable Residues ($27.9M). In January 2022 the top imports of ROSTOV REGION were Sunflower Seeds ($14.5M), Corn ($10.1M), Gas Turbines ($9.71M), Hot-Rolled Iron ($7.9M), and Harvesting Machinery ($7.29M).
Destinations In January 2022, ROSTOV REGION exported mostly to Turkey ($109M), Ukraine ($87.1M), Unknown ($77M), Egypt ($56.2M), and Italy ($18.4M), and imported mostly from China ($57.7M), Ukraine ($46.2M), Turkey ($18.7M), Belarus ($13.8M), and Germany ($11.1M).
Growth In January 2022, the decrease in ROSTOV REGION's year-by-year exports was explained primarily by an decrease in exports to India ($-21.3M or -97.5%), Unknown ($-13.5M or -87.3%), and Italy ($-8.34M or -40.9%), and product exports decrease in Sunflower Seeds ($-28.7M or -99.5%), Seed Oils ($-12.4M or -16.6%), and Refined Petroleum ($-8.9M or -43.6%). In January 2022, the increase in ROSTOV REGION's year-by-year imports was explained primarily by an increase in imports from Ukraine ($6.17M or 21.3%), Vietnam ($4.59M or 84.1%), and China ($3.23M or 7.96%), and product imports increase in Hot-Rolled Iron ($7.68M or 461%), Electric Batteries ($2.77M or 381%), and Passenger and Cargo Ships ($2.12M or 427%).