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Federal subject in FAR EAST FEDERAL DISTRICT, district of Russia

2021
Economic
Complexity -0.57Rank 52 of 61
Jan 2022
Trade
Exports | Imports $36.7M | $38.1M56 of 85 | 45 of 83
Jan 2022
Country
Destination | Origin China | China $30.9M  | $20.2M

About

Overview This page contains the latest international trade data for AMUR REGION. In January 2022 AMUR REGION was the number 56 in total exports and the number 47 in total imports in Russia.

Exports In 2021, Russia's Amur Region exported $36.7M, making it the 56th largest exporter out of the 85 exporters in Russia. In 2021 the top exports of Amur Region were Gold in unwrought forms non-monetary ($243M), Electrical energy ($224M), Soya beans: other than seed, whether... ($125M), Soya-bean oil crude, whether or not... ($10M), and Soya-bean oil-cake and other solid residues ($9.6M).

Imports In 2021, Russia's Amur Region imported $38.1M, making it the 47th largest importer out of the 85 importers in Russia. In 2021 top imports of Amur Region were Machinery for treatment by temperature change... ($167M), Diesel Trucks > 20 tonnes ($27.3M), Extruders for working rubber or plastic ($24.1M), Bulldozers and angledozers, crawler type ($23M), and Front end shovel loaders ($21.6M).

Economic Complexity In 2021, the highest complexity exports of Amur Region according to the product complexity index (PCI) are Soil Preparation Machinery (0.7), Malt Extract (0.055), Barley (-0.089), Oats (-0.13), Baked Goods (-0.27), Electricity (-0.39), Veneer Sheets (-0.75), Margarine (-0.95), Sawn Wood (-1.01), and Corn (-1.12). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

January, 2022

About

Overview In January 2022 AMUR REGION exported $36.7M and imported $38.1M, resulting in a negative trade balance of $1.4M. Between January 2021 and January 2022 the exports of AMUR REGION have decreased by $-73.5M (-66.7%) from $110M to $36.7M, while imports increased by $25.3M (198%) from $12.8M to $38.1M.

Trade In January 2022, the top exports of AMUR REGION were Electricity ($26.2M), Soybean Meal ($3.1M), Soybean Oil ($1.91M), Soybeans ($1.75M), and Dried Legumes ($1.44M). In January 2022 the top imports of AMUR REGION were Other Heating Machinery ($17.7M), Precious Metal Ore ($5.52M), Delivery Trucks ($2.55M), Soil Preparation Machinery ($1.96M), and Other toys ($729k).

Destinations In January 2022, AMUR REGION exported mostly to China ($30.9M), Mongolia ($3.95M), Japan ($1.44M), Kazakhstan ($169k), and Vietnam ($86.9k), and imported mostly from China ($20.2M), Greece ($5.52M), Germany ($3.66M), India ($2.36M), and Canada ($1.94M).

Growth In January 2022, the decrease in AMUR REGION's year-by-year exports was explained primarily by an decrease in exports to China ($-73.9M or -70.5%), South Korea ($-1.93M or -99.8%), and Belarus ($-77.5k or -80.2%), and product exports decrease in Soybeans ($-94.4M or -98.2%), Rough Wood ($-326k or -22.6%), and Oxygen Heterocyclic Compounds ($-59.3k or -44.2%). In January 2022, the increase in AMUR REGION's year-by-year imports was explained primarily by an increase in imports from China ($16.8M or 505%), Germany ($3.66M or 110k%), and India ($2.36M or 60.6k%), and product imports increase in Soil Preparation Machinery ($1.24M or 172%), Large Construction Vehicles ($411k or 166%), and Electric Batteries ($392k or 332%).

Latest Data

Time Scale
Flow
Color
Depth
EXPORT GROWTH (January 2021 - January 2022)$-73.5M(-66.7%)
IMPORT GROWTH (January 2021 - January 2022)$25.3M(198%)

This section shows exports and imports data at subnational level for AMUR REGION. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of AMUR REGION over time.

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AMUR REGION's Monthly Exports
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Exports by Products
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Exports by Countries
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Historical Data

Yearly Exports

Color
Depth
Top Destination (2021)China$380M
Top Product (2021)Gold in unwrought forms non-monetary$243M

In 2021 the top export destinations of Amur Region were China ($380M), United Kingdom ($110M), Switzerland ($74.5M), United Arab Emirates ($57.6M), and Mongolia ($35.4M).

In 2021 the top exports of Amur Region were Gold in unwrought forms non-monetary ($243M), Electrical energy ($224M), Soya beans: other than seed, whether... ($125M), Soya-bean oil crude, whether or not... ($10M), and Soya-bean oil-cake and other solid residues ($9.6M).

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Exports (2021)
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Destinations (2021)
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Exports Dynamics

Fastest Growing Exports Destination (Jan 2021 - Jan 2022)
Japan $1.36M (1.61k%)
Mongolia $1.19M (43.1%)
Kazakhstan $166k (4.93k%)
Rapidly Declining Export Origins (Jan 2021 - Jan 2022)
China -$73.9M (-70.5%)
South Korea -$1.93M (-99.8%)
Belarus -$77.5k (-80.2%)

Export Destinations of AMUR REGION (Jan 2021 - Jan 2022)

Yearly Imports

Color
Depth
Top Origin (2021)China$272M
Top Import (2021)Machinery for treatment by temperature change...$167M

In 2021 the top import origins of Amur Region were China ($272M), South Korea ($99.1M), Germany ($78.1M), Kazakhstan ($20.4M), and Greece ($19M).

In 2021 the top imports of Amur Region were Machinery for treatment by temperature change... ($167M), Diesel Trucks > 20 tonnes ($27.3M), Extruders for working rubber or plastic ($24.1M), Bulldozers and angledozers, crawler type ($23M), and Front end shovel loaders ($21.6M).

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Imports (2021)
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Origins (2021)
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Imports Dynamics

Fastest Growing Import Origins (Jan 2021 - Jan 2022)
China $16.8M (505%)
Germany $3.66M (110k%)
India $2.36M (60.6k%)
Rapidly Declining Import Origins (Jan 2021 - Jan 2022)
Kazakhstan -$4.51M (-99.4%)
Unknown -$3.29M (-100%)
United States -$491k (-99.4%)

Import Origins of AMUR REGION (Jan 2021 - Jan 2022)

Economic Complexity

Economic Complexity of Amur Region

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Economic Complexity (2021)-0.57

Amur Region ranks 52nd out of the 85 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.

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ECI comparison Russia between districts (2021)

Economic Complexity Ranking

Value

The economic complexity of a territory can change year to year. Amur Region it is in position 52nd considering its ECI in the last year.

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ECI Rank by Subnat Geography

Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Amur Region already has a comparative advantage, are led by Coal Briquettes (0.037), Raw Sugar (0.032), Wheat (0.032), Wheat Flours (0.032), and Rapeseed Oil (0.031).

Most Complex Products by PCI

The highest complexity exports of Amur Region according to the product complexity index (PCI) are Soil Preparation Machinery (0.7), Malt Extract (0.055), Barley (-0.089), Oats (-0.13), Baked Goods (-0.27), Electricity (-0.39), Veneer Sheets (-0.75), Margarine (-0.95), Sawn Wood (-1.01), and Corn (-1.12). 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 Electricity (89.22), Soybeans (48.49), Soybean Oil (37.40), Barley (26.78), and Rough Wood (20.92).

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 Amur Region 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  Amur Region. These are products that tend to be co-exported with the products that Amur Region exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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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.

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