Overview In June 2021 UDMURTIAN REPUBLIC exported $28.6M and imported $43.3M, resulting in a negative trade balance of $14.7M. Between June 2020 and June 2021 the exports of UDMURTIAN REPUBLIC have decreased by $-2.02M (-6.6%) from $30.6M to $28.6M, while imports increased by $17.6M (68.5%) from $25.7M to $43.3M.
Trade In June 2021, the top exports of UDMURTIAN REPUBLIC were Crude Petroleum ($5.31M), Sawn Wood ($3.02M), Other Steel Bars ($2.64M), Raw Iron Bars ($2.39M), and Other Furniture ($1.26M). In June 2021 the top imports of UDMURTIAN REPUBLIC were Vehicle Parts ($5.14M), Cheese ($2.19M), Cold-Rolled Iron ($2.11M), Integrated Circuits ($2.03M), and Air Pumps ($1.5M).
Destinations In June 2021, UDMURTIAN REPUBLIC exported mostly to Belarus ($8.57M), Kazakhstan ($6.41M), Netherlands ($1.79M), Germany ($1.31M), and Azerbaijan ($1.23M), and imported mostly from China ($10.9M), Romania ($5.2M), Belarus ($3.42M), Poland ($3.29M), and France ($3.1M).
Growth In June 2021, the decrease in UDMURTIAN REPUBLIC's year-by-year exports was explained primarily by an decrease in exports to Belarus ($-3.33M or -28%), Uzbekistan ($-2.99M or -78.2%), and Pakistan ($-581k or -49.8%), and product exports decrease in Crude Petroleum ($-3.29M or -38.3%), Liquid Pumps ($-2.6M or -91%), and Cars ($-2.57M or -82.8%). In June 2021, the increase in UDMURTIAN REPUBLIC's year-by-year imports was explained primarily by an increase in imports from Romania ($3.59M or 224%), France ($2.17M or 234%), and Kazakhstan ($1.99M or 393%), and product imports increase in Vehicle Parts ($2.45M or 91%), Cheese ($2.01M or 1.12k%), and Electrical Control Boards ($825k or 147%).