PSKOV REGION

Overview In January 2022 PSKOV REGION exported $11.7M and imported $33.5M, resulting in a negative trade balance of $21.8M. Between January 2021 and January 2022 the exports of PSKOV REGION have decreased by $-9.64M (-45.1%) from $21.4M to $11.7M, while imports increased by $14.4M (75.4%) from $19.1M to $33.5M.

Trade In January 2022, the top exports of PSKOV REGION were Sawn Wood ($2.11M), Petroleum Gas ($1.29M), Pig Meat ($1.27M), Peat ($849k), and Other Furniture ($714k). In January 2022 the top imports of PSKOV REGION were Soybean Meal ($7.56M), Cut Flowers ($3.59M), Wallpaper ($1.56M), Rubberworking Machinery ($1.47M), and Cigarette Paper ($1.18M).

Destinations In January 2022, PSKOV REGION exported mostly to Belarus ($3.24M), Latvia ($1.52M), Vietnam ($1.4M), Estonia ($1.28M), and Lithuania ($589k), and imported mostly from Argentina ($6.85M), Latvia ($3.26M), China ($2.81M), Germany ($2.62M), and Belarus ($2.46M).

Growth In January 2022, the decrease in PSKOV REGION's year-by-year exports was explained primarily by an decrease in exports to Belarus ($-5.5M or -31.1%), Poland ($-200k or -87.2%), and Ukraine ($-175k or -37.6%), and product exports decrease in Scrap Iron ($-6.4M or -37.9%), Copper Wire ($-373k or -64.6%), and Electric Motors ($-300k or -98.6%). In January 2022, the increase in PSKOV REGION's year-by-year imports was explained primarily by an increase in imports from Spain ($1.15M or 137%), Ukraine ($601k or 1.25k%), and Latvia ($552k or 35.1%), and product imports increase in Other Agricultural Machinery ($926k or 148%), Cranes ($604k or 254%), and Washing and Bottling Machines ($603k or 1.23k%).