About

Overview This page contains the latest international trade data for NORTH WEST FEDERAL DISTRICT. In January 2022 NORTH WEST FEDERAL DISTRICT was the number 2 in total exports and the number 2 in total imports in Russia.

Exports In 2021, Russia's North West Federal District exported $5.74B, making it the 2nd largest exporter out of the 8 exporters in Russia. In 2021 the top exports of North West Federal District were Petroleum oils, oils from bituminous minerals,... ($11.1B), Light petroleum distillates nes ($9.04B), Petroleum spirit for motor vehicles ($5.37B), Wood; coniferous species, of fir (Abies... ($1.63B), and Nitrogen-phosphorus-potassium fertilizers, pack >10kg ($1.57B).

Imports In 2021, Russia's North West Federal District imported $3.29B, making it the 2nd largest importer out of the 8 importers in Russia. In 2021 top imports of North West Federal District were Commodities not specified according to kind ($1.61B), For passenger carrying vehicles ($1.33B), Soya beans: other than seed, whether... ($1.26B), Others parts and accessories of bodies... ($844M), and Engines, spark-ignition reciprocating, over 1000 cc ($738M).

Economic Complexity In 2021, the highest complexity exports of North West Federal District according to the product complexity index (PCI) are Steel Wire (1.07), Newsprint (0.99), Large Flat-Rolled Iron (0.74), Vehicle Bodies (including cabs) for the... (0.7), Wood Pulp Lyes (0.55), Peat (0.48), Hot-Rolled Iron (0.46), Wallpaper (0.31), Uncoated Paper (0.31), and Rapeseed Oil (0.29). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2021)Netherlands$11.8B

In 2021 the top export destinations of North West Federal District were Netherlands ($11.8B), China ($5.48B), United States ($3.72B), United Kingdom ($3.45B), and Finland ($3.18B).

In 2021 the top exports of North West Federal District were Petroleum oils, oils from bituminous minerals,... ($11.1B), Light petroleum distillates nes ($9.04B), Petroleum spirit for motor vehicles ($5.37B), Wood; coniferous species, of fir (Abies... ($1.63B), and Nitrogen-phosphorus-potassium fertilizers, pack >10kg ($1.57B).

Explore Visualizations

Exports (2021)
[Click to Select a Product]

Destinations (2021)
[Click to Select a Country]

Exports Dynamics

Fastest Growing Exports Destination (Jan 2021 - Jan 2022)
Netherlands $1.02B (183%)
South Korea $322M (986%)
Lithuania $141M (297%)
Rapidly Declining Export Origins (Jan 2021 - Jan 2022)
United States -$76.5M (-38.9%)
Belgium -$65.1M (-38.2%)
United Kingdom -$22.5M (-18.8%)

Export Destinations of NORTH WEST FEDERAL DISTRICT (Jan 2021 - Jan 2022)

Yearly Imports

Color
Depth
Top Origin (2021)China$8.26B

In 2021 the top import origins of North West Federal District were China ($8.26B), South Korea ($4.47B), Germany ($3.21B), United States ($2.05B), and Belarus ($1.86B).

In 2021 the top imports of North West Federal District were Commodities not specified according to kind ($1.61B), For passenger carrying vehicles ($1.33B), Soya beans: other than seed, whether... ($1.26B), Others parts and accessories of bodies... ($844M), and Engines, spark-ignition reciprocating, over 1000 cc ($738M).

Explore Visualizations

Imports (2021)
[Click to Select a Product]

Origins (2021)
[Click to Select a Country]

Imports Dynamics

Fastest Growing Import Origins (Jan 2021 - Jan 2022)
China $206M (38.2%)
Finland $69.4M (102%)
United States $40.4M (33.9%)
Rapidly Declining Import Origins (Jan 2021 - Jan 2022)
South Korea -$29.6M (-7.77%)
Italy -$29.1M (-25.1%)
Slovakia -$22.7M (-36.9%)

Import Origins of NORTH WEST FEDERAL DISTRICT (Jan 2021 - Jan 2022)

Economic Complexity

Economic Complexity of North West Federal District

View
Economic Complexity (2021)-0.47

North West Federal District ranks 7th out of the 8 districts in Russia according to ECI.

The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.

Estimated using exports data.

Discover Economic Complexity

ECI comparison Russia between districts (2021)

Economic Complexity Ranking

Value

The economic complexity of a territory can change year to year. North West Federal District it is in position 7th considering its ECI in the last year.

Discover Economic Complexity

ECI Rank by District

Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were North West Federal District already has a comparative advantage, are led by Petroleum Gas (0.18), Lignite (0.17), Coal Briquettes (0.17), Raw Aluminium (0.17), and Soybeans (0.16).

Most Complex Products by PCI

The highest complexity exports of North West Federal District according to the product complexity index (PCI) are Steel Wire (1.07), Newsprint (0.99), Large Flat-Rolled Iron (0.74), Vehicle Bodies (including cabs) for the... (0.7), Wood Pulp Lyes (0.55), Peat (0.48), Hot-Rolled Iron (0.46), Wallpaper (0.31), Uncoated Paper (0.31), and Rapeseed Oil (0.29). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Nickel Mattes (35.36), Mixed Mineral or Chemical Fertilizers (31.19), Nickel Ore (23.72), Calcium Phosphates (22.37), and Wood Pulp Lyes (20.35).

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since North West Federal District is more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Relatedness Space

This network shows the products most related to the production structure of  North West Federal District. These are products that tend to be co-exported with the products that North West Federal District exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

Depth
Filter

The Complexity-Relatedness diagram compares the risk and the strategic value of a territory's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions. Bubble size corresponds to exports value by year 2020.

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with