Overview In June 2021 ST. PETERSBURG exported $2.73B and imported $2.3B, resulting in a positive trade balance of $429M. Between June 2020 and June 2021 the exports of ST. PETERSBURG have increased by $548M (25.1%) from $2.18B to $2.73B, while imports increased by $783M (51.6%) from $1.52B to $2.3B.
Trade In June 2021, the top exports of ST. PETERSBURG were Crude Petroleum ($1.1B), Refined Petroleum ($630M), Passenger and Cargo Ships ($196M), Gold ($126M), and Commodities not elsewhere specified ($104M). In June 2021 the top imports of ST. PETERSBURG were Vehicle Parts ($199M), Passenger and Cargo Ships ($142M), Spark-Ignition Engines ($54.4M), Commodities not elsewhere specified ($47M), and Medical Instruments ($32M).
Destinations In June 2021, ST. PETERSBURG exported mostly to Netherlands ($863M), China ($190M), United Kingdom ($188M), United States ($172M), and Germany ($151M), and imported mostly from China ($527M), South Korea ($244M), Germany ($182M), Japan ($111M), and United States ($92.2M).
Growth In June 2021, the increase in ST. PETERSBURG's year-by-year exports was explained primarily by an increase in exports to Netherlands ($521M or 152%), Denmark ($149M or 23.1k%), and Lithuania ($144M or 2.58k%), and product exports increase in Crude Petroleum ($486M or 78.7%), Passenger and Cargo Ships ($184M or 1.51k%), and Commodities not elsewhere specified ($85.2M or 446%). In June 2021, the increase in ST. PETERSBURG's year-by-year imports was explained primarily by an increase in imports from South Korea ($167M or 214%), China ($144M or 37.7%), and Japan ($68.5M or 161%), and product imports increase in Passenger and Cargo Ships ($125M or 727%), Vehicle Parts ($105M or 111%), and Commodities not elsewhere specified ($32.1M or 216%).