Overview: In November 2020 ULYANOVSK REGION exported $234M and imported $47M, resulting in a positive trade balance of $187M. Between November 2019 and November 2020 the exports of ULYANOVSK REGION have increased by $35.7M (18%) from $198M to $234M, while imports decreased by $-2.78M (-5.58%) from $49.8M to $47M.
Trade: In November 2020, the top exports of ULYANOVSK REGION were Commodities not elsewhere specified ($182M), Specialized Vehicles ($32.1M), Delivery Trucks ($2.52M), Other Furniture ($1.79M), and Iron Structures ($1.54M). In November 2020 the top imports of ULYANOVSK REGION were Vehicle Parts ($9.26M), Rubber Tires ($5.11M), Commodities not elsewhere specified ($3.63M), Raw Plastic Sheeting ($1.68M), and Delivery Trucks ($1.31M).
Destinations: In November 2020, ULYANOVSK REGION exported mostly to Algeria ($210M), Kazakhstan ($4.67M), United States ($3.72M), Belarus ($2.28M), and Azerbaijan ($2.27M), and imported mostly from China ($9.63M), Japan ($7.84M), Germany ($4.33M), Canada ($3.63M), and Belarus ($3M).
Growth: In November 2020, the increase in ULYANOVSK REGION's year-by-year exports was explained primarily by an increase in exports to Algeria ($46.3M or 28.3%), Latvia ($906k or 1.7k%), and Poland ($624k or 129%), and product exports increase in Commodities not elsewhere specified ($58.2M or 47.1%), Iron Structures ($546k or 54.8%), and Electrical Ignitions ($490k or 465%). In November 2020, the decrease in ULYANOVSK REGION's year-by-year imports was explained primarily by an decrease in imports from Germany ($-2.8M or -39.3%), Thailand ($-2.7M or -76.2%), and Japan ($-2.04M or -20.7%), and product imports decrease in Rubber Tires ($-3.51M or -40.7%), Delivery Trucks ($-1.84M or -58.3%), and Vehicle Parts ($-866k or -8.55%).