Overview In January 2022 ST. PETERSBURG exported $1.61B and imported $2.08B, resulting in a negative trade balance of $470M. Between January 2021 and January 2022 the exports of ST. PETERSBURG have increased by $31M (1.97%) from $1.58B to $1.61B, while imports increased by $560M (36.8%) from $1.52B to $2.08B.
Trade In January 2022, the top exports of ST. PETERSBURG were Refined Petroleum ($636M), Crude Petroleum ($244M), Commodities not elsewhere specified ($200M), Passenger and Cargo Ships ($134M), and Cars ($17.7M). In January 2022 the top imports of ST. PETERSBURG were Motor vehicles; parts and accessories (8701... ($205M), Commodities not elsewhere specified ($68.1M), Cars ($53.4M), Centrifuges ($47.6M), and Spark-Ignition Engines ($34.9M).
Destinations In January 2022, ST. PETERSBURG exported mostly to Netherlands ($311M), Germany ($155M), Lithuania ($138M), Belarus ($123M), and South Korea ($107M), and imported mostly from China ($576M), South Korea ($170M), Japan ($123M), Germany ($119M), and United States ($117M).
Growth In January 2022, the increase in ST. PETERSBURG's year-by-year exports was explained primarily by an increase in exports to Netherlands ($136M or 38.6%), United Kingdom ($65.2M or 416%), and Belgium ($63.9M or 262%), and product exports increase in Scrap Iron ($34.6M or 63.1%), Crude Petroleum ($25.2M or 7.16%), and Seed Oils ($21.5M or 117%). In January 2022, the increase in ST. PETERSBURG's year-by-year imports was explained primarily by an increase in imports from South Korea ($32.6M or 32.2%), China ($13.1M or 3.39%), and Hungary ($5.36M or 148%), and product imports increase in Motor vehicles; parts and accessories (8701... ($9.9M or 5.97%), Machinery Having Individual Functions ($9.31M or 196%), and Cars ($8.72M or 75.9%).