Overview: In November 2020 SAMARA REGION exported $281M and imported $221M, resulting in a positive trade balance of $60.3M. Between November 2019 and November 2020 the exports of SAMARA REGION have decreased by $-123M (-30.5%) from $405M to $281M, while imports increased by $11.5M (5.49%) from $210M to $221M.
Trade: In November 2020, the top exports of SAMARA REGION were Refined Petroleum ($63.2M), Ammonia ($31.9M), Petroleum Gas ($15.3M), Aluminium Plating ($13.7M), and Nitrogenous Fertilizers ($10.5M). In November 2020 the top imports of SAMARA REGION were Vehicle Parts ($35.7M), Insulated Wire ($6.91M), Spark-Ignition Engines ($6.77M), Machinery Having Individual Functions ($5.68M), and Electrical Control Boards ($5.24M).
Destinations: In November 2020, SAMARA REGION exported mostly to Mongolia ($35.1M), Kazakhstan ($30.4M), Ukraine ($25M), Belarus ($15.3M), and Morocco ($15.1M), and imported mostly from China ($33.1M), Romania ($29.2M), Germany ($26.8M), France ($13.4M), and Turkey ($11.8M).
Growth: In November 2020, the decrease in SAMARA REGION's year-by-year exports was explained primarily by an decrease in exports to Mongolia ($-19.9M or -36.2%), Finland ($-19.4M or -81%), and Turkey ($-18.7M or -61.1%), and product exports decrease in Refined Petroleum ($-42.8M or -40.4%), Nitrogenous Fertilizers ($-26.9M or -71.9%), and Ammonia ($-23.2M or -42.1%). In November 2020, the increase in SAMARA REGION's year-by-year imports was explained primarily by an increase in imports from Romania ($8.91M or 43.9%), Turkey ($4.17M or 54.7%), and India ($4M or 106%), and product imports increase in Machinery Having Individual Functions ($3.83M or 206%), Stone Processing Machines ($3.14M or 488%), and Spark-Ignition Engines ($2.35M or 53.3%).