Overview In July 2021 SAKHALIN REGION exported $1.58B and imported $40.2M, resulting in a positive trade balance of $1.54B. Between July 2020 and July 2021 the exports of SAKHALIN REGION have increased by $709M (81.6%) from $869M to $1.58B, while imports decreased by $-40.2M (-50%) from $80.4M to $40.2M.
Trade In July 2021, the top exports of SAKHALIN REGION were Crude Petroleum ($733M), Petroleum Gas ($652M), Lignite ($105M), Crustaceans ($23.5M), and Scrap Iron ($20.6M). In July 2021 the top imports of SAKHALIN REGION were Machinery Having Individual Functions ($8.21M), Valves ($3.02M), Dairy Machinery ($2.54M), Lifting Machinery ($2.44M), and Metalworking Machines ($1.93M).
Destinations In July 2021, SAKHALIN REGION exported mostly to South Korea ($627M), Japan ($460M), China ($362M), Taiwan ($105M), and India ($12.6M), and imported mostly from Japan ($8.89M), United States ($5.98M), United Kingdom ($4.77M), China ($3.02M), and France ($2.83M).
Growth In July 2021, the increase in SAKHALIN REGION's year-by-year exports was explained primarily by an increase in exports to Japan ($386M or 519%), South Korea ($178M or 39.7%), and China ($162M or 80.8%), and product exports increase in Crude Petroleum ($321M or 77.8%), Petroleum Gas ($298M or 83.8%), and Lignite ($61.9M or 143%). In July 2021, the decrease in SAKHALIN REGION's year-by-year imports was explained primarily by an decrease in imports from United States ($-12.4M or -67.4%), Italy ($-8.84M or -81.6%), and China ($-6M or -66.5%), and product imports decrease in Valves ($-8.72M or -74.3%), Liquid Pumps ($-4.44M or -89.5%), and Electrical Control Boards ($-4.22M or -84.1%).