Overview In June 2021 TVER REGION exported $46.8M and imported $56.1M, resulting in a negative trade balance of $9.23M. Between June 2020 and June 2021 the exports of TVER REGION have decreased by $-284k (-0.6%) from $47.1M to $46.8M, while imports increased by $11.1M (24.8%) from $44.9M to $56.1M.
Trade In June 2021, the top exports of TVER REGION were Railway Passenger Cars ($16M), Sawn Wood ($4.88M), Leather of Other Animals ($2.25M), Raw Aluminium ($2.17M), and Plywood ($1.26M). In June 2021 the top imports of TVER REGION were Locomotive Parts ($3.15M), Sausages ($3.04M), Machinery Having Individual Functions ($2.48M), Excavation Machinery ($2.44M), and Coffee ($2.25M).
Destinations In June 2021, TVER REGION exported mostly to Egypt ($8M), Armenia ($5.03M), Belarus ($5M), Hungary ($3.93M), and Ukraine ($2.96M), and imported mostly from China ($10.9M), Italy ($6.86M), Belarus ($6.58M), Germany ($4.9M), and Japan ($3.46M).
Growth In June 2021, the decrease in TVER REGION's year-by-year exports was explained primarily by an decrease in exports to Kazakhstan ($-17.7M or -85.7%), Spain ($-234k or -23.4%), and Japan ($-197k or -100%), and product exports decrease in Railway Passenger Cars ($-9.48M or -37.2%), Large Construction Vehicles ($-922k or -64.2%), and Locomotive Parts ($-488k or -76.1%). In June 2021, the increase in TVER REGION's year-by-year imports was explained primarily by an increase in imports from China ($3.91M or 55.9%), Belarus ($3.08M or 88%), and Slovakia ($2.9M or 45.2k%), and product imports increase in Sausages ($2.75M or 950%), Machinery Having Individual Functions ($2.33M or 1.6k%), and Recovered Paper ($1.39M or 1.24k%).