Overview: In November 2020 TAMBOV REGION exported $29.8M and imported $14M, resulting in a positive trade balance of $15.9M. Between November 2019 and November 2020 the exports of TAMBOV REGION have increased by $7.27M (32.2%) from $22.5M to $29.8M, while imports decreased by $-6.05M (-30.2%) from $20M to $14M.
Trade: In November 2020, the top exports of TAMBOV REGION were Starch Residue ($6.27M), Pig Meat ($4.64M), Sunflower Seeds ($3.45M), Seed Oils ($2.91M), and Wheat ($2.31M). In November 2020 the top imports of TAMBOV REGION were Electric Generating Sets ($3.08M), Hot-Rolled Iron ($1.91M), Glycerol ($1.73M), Amine Compounds ($1.49M), and Acyclic Alcohols ($897k).
Destinations: In November 2020, TAMBOV REGION exported mostly to Latvia ($6.95M), Belarus ($3.34M), Ukraine ($3.08M), Uzbekistan ($2.31M), and Germany ($2.21M), and imported mostly from Austria ($3.11M), China ($2.08M), Ukraine ($1.94M), Brazil ($1.73M), and France ($924k).
Growth: In November 2020, the increase in TAMBOV REGION's year-by-year exports was explained primarily by an increase in exports to Latvia ($4.93M or 245%), Germany ($1.64M or 292%), and Ukraine ($987k or 47.1%), and product exports increase in Sunflower Seeds ($3.33M or 2.73k%), Starch Residue ($3.27M or 109%), and Wheat ($1.74M or 310%). In November 2020, the decrease in TAMBOV REGION's year-by-year imports was explained primarily by an decrease in imports from Ukraine ($-5.42M or -73.6%), Germany ($-2.06M or -85.6%), and China ($-1.12M or -35.1%), and product imports decrease in Hot-Rolled Iron ($-5.32M or -73.6%), Eggs ($-467k or -37.8%), and Coated Flat-Rolled Iron ($-266k or -55.1%).