Overview: In November 2020 SIBERIAN FEDERAL DISTRICT exported $2.99B and imported $882M, resulting in a positive trade balance of $2.1B. Between November 2019 and November 2020 the exports of SIBERIAN FEDERAL DISTRICT have increased by $93.7M (3.24%) from $2.89B to $2.99B, while imports increased by $16.1M (1.85%) from $866M to $882M.
Trade: In November 2020, the top exports of SIBERIAN FEDERAL DISTRICT were Coal Briquettes ($819M), Refined Copper ($507M), Raw Aluminium ($455M), Sawn Wood ($142M), and Semi-Finished Iron ($133M). In November 2020 the top imports of SIBERIAN FEDERAL DISTRICT were Commodities not elsewhere specified ($211M), Aluminium Oxide ($112M), Precipitated Copper ($54.1M), Radioactive Chemicals ($22.6M), and Other Heating Machinery ($21.9M).
Destinations: In November 2020, SIBERIAN FEDERAL DISTRICT exported mostly to China ($992M), Netherlands ($231M), Taiwan ($191M), Japan ($169M), and South Korea ($166M), and imported mostly from United States ($191M), China ($159M), Ukraine ($75.5M), Finland ($67.7M), and Australia ($43M).
Growth: In November 2020, the increase in SIBERIAN FEDERAL DISTRICT's year-by-year exports was explained primarily by an increase in exports to China ($344M or 53%), Hong Kong ($38.9M or 1.25k%), and Belarus ($32.3M or 83.6%), and product exports increase in Refined Copper ($399M or 373%), Raw Aluminium ($231M or 103%), and Platinum ($48.6M or 932%). In November 2020, the increase in SIBERIAN FEDERAL DISTRICT's year-by-year imports was explained primarily by an increase in imports from United States ($139M or 265%), Finland ($54.2M or 402%), and Brazil ($24.1M or 2.49k%), and product imports increase in Radioactive Chemicals ($22.5M or 24.7k%), Lifting Machinery ($11.1M or 269%), and Other Heating Machinery ($9.44M or 76%).