Overview In January 2022 SAKHALIN REGION exported $1.41B and imported $38.3M, resulting in a positive trade balance of $1.37B. Between January 2021 and January 2022 the exports of SAKHALIN REGION have increased by $1.01B (256%) from $397M to $1.41B, while imports increased by $8.47M (28.4%) from $29.8M to $38.3M.
Trade In January 2022, the top exports of SAKHALIN REGION were Crude Petroleum ($677M), Petroleum Gas ($626M), Crustaceans ($38.8M), Passenger and Cargo Ships ($28.1M), and Non-fillet Frozen Fish ($14.4M). In January 2022 the top imports of SAKHALIN REGION were Lifting Machinery ($10.2M), Refined Petroleum ($4.08M), Air Pumps ($3.78M), Valves ($1.97M), and Iron Structures ($1.88M).
Destinations In January 2022, SAKHALIN REGION exported mostly to South Korea ($755M), China ($312M), Japan ($258M), Taiwan ($50.7M), and Singapore ($28.8M), and imported mostly from France ($10.8M), Singapore ($4.14M), Switzerland ($3.92M), South Korea ($3.62M), and United States ($3.5M).
Growth In January 2022, the increase in SAKHALIN REGION's year-by-year exports was explained primarily by an increase in exports to United States ($2.65M or 621%), Canada ($19.1k or 26.6%), and Qatar ($3.31k or 600%), and product exports increase in Scrap Iron ($6.92M or 272%), Gas Turbines ($2.85M or 19k%), and Animal Meal and Pellets ($1.11M or 115%). In January 2022, the increase in SAKHALIN REGION's year-by-year imports was explained primarily by an increase in imports from United States ($6.23M or 85.4%), France ($2.64M or 354%), and Netherlands ($157k or 21.7%), and product imports increase in Lifting Machinery ($2.98M or 2.02k%), Gas Turbines ($2.95M or 48.9%), and Electrical Control Boards ($892k or 403%).