Overview In January 2022 TVER REGION exported $23.1M and imported $64.2M, resulting in a negative trade balance of $41.1M. Between January 2021 and January 2022 the exports of TVER REGION have decreased by $-40.1M (-63.5%) from $63.2M to $23.1M, while imports increased by $31M (93.1%) from $33.3M to $64.2M.
Trade In January 2022, the top exports of TVER REGION were Railway Passenger Cars ($3.18M), Glass Fibers ($1.81M), Sawn Wood ($1.78M), Raw Aluminium ($1.73M), and Leather of Other Animals ($1.56M). In January 2022 the top imports of TVER REGION were Manganese ($4.55M), Excavation Machinery ($4.44M), Leather Footwear ($4.09M), Artificial Textile Machinery ($4.06M), and Sausages ($3.28M).
Destinations In January 2022, TVER REGION exported mostly to Belarus ($3.89M), Hungary ($3.32M), Ukraine ($1.69M), Germany ($1.1M), and Estonia ($1.08M), and imported mostly from China ($19.9M), Japan ($7.21M), Germany ($6.78M), South Korea ($5.97M), and Belarus ($4.96M).
Growth In January 2022, the decrease in TVER REGION's year-by-year exports was explained primarily by an decrease in exports to Belarus ($-1.72M or -37.2%), Ukraine ($-1.41M or -57.9%), and Israel ($-249k or -76.6%), and product exports decrease in Pig Meat ($-897k or -78.4%), Motor vehicles; parts and accessories (8701... ($-457k or -54.8%), and Integrated Circuits ($-421k or -82.8%). In January 2022, the increase in TVER REGION's year-by-year imports was explained primarily by an increase in imports from China ($1.44M or 17.6%), Hungary ($1.08M or 620%), and Poland ($527k or 75.7%), and product imports increase in Locomotive Parts ($2.16M or 1.62k%), Electric Heaters ($810k or 116%), and Antibiotics ($453k or 470%).