Arkhangelsk Region

Federal subject in NORTH WEST FEDERAL DISTRICT, district of Russia

2019
Economic
Complexity
: -0.49, Rank 51 of 64

Nov 2020
Trade
Exports | Imports
: $123M | $32.2M, 34 of 85 | 48 of 84

Nov 2020
Country
Destination | Origin
: Netherlands | United States , $27M  | $26.3M

Nov 2020
Product
Exports | Imports
: Sawn Wood | Commodities not elsewhere specified , $25.8M  | $25.6M

Overview: This page contains the latest international trade data for ARKHANGELSK REGION, including export and import data.

Exports: In 2020, Russia's Arkhangelsk Region exported $1.4B, making it the 32nd largest exporter out of the 85 exporters in Russia. In 2020 the top exports of Arkhangelsk Region were Wood; coniferous species, of fir (Abies... ($242M), Petroleum oils, oils from bituminous minerals,... ($218M), Diamonds (jewellery) unworked or simply sawn,... ($160M), Wood; coniferous species, of pine (Pinus... ($77.4M), and Paper, Kraftliner, unbleached, uncoated ($63.4M).

Imports: In 2020, Russia's Arkhangelsk Region imported $201M, making it the 59th largest importer out of the 85 importers in Russia. In 2020 top imports of Arkhangelsk Region were Commodities not specified according to kind ($67.2M), Machinery for pulping fibrous cellulosic material ($25M), Machinery for treatment by temperature change... ($24.2M), Cargo vessels other than tanker or... ($7.58M), and Sodium chlorate ($5.35M).

Economic Complexity: In 2019, the highest complexity exports of Arkhangelsk Region according to the product complexity index (PCI) are Other Measuring Instruments (1.86), Oscilloscopes (1.77), Navigation Equipment (1.21), Lifting Machinery (1.08), and Other Uncoated Paper (0.49). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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Flow
Value
Reference Period

This section shows the differences between ARKHANGELSK REGION's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Russia's country profile.

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Yearly Exports

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Value
Depth

Top Destination (2020): Netherlands, $287M

Top Product (2020): Wood; coniferous species, of fir (Abies..., $242M

In 2020 the top export destinations of Arkhangelsk Region were Netherlands ($287M), Belgium ($194M), China ($178M), India ($74.7M), and United Kingdom ($66.4M).

In 2020 the top exports of Arkhangelsk Region were Wood; coniferous species, of fir (Abies... ($242M), Petroleum oils, oils from bituminous minerals,... ($218M), Diamonds (jewellery) unworked or simply sawn,... ($160M), Wood; coniferous species, of pine (Pinus... ($77.4M), and Paper, Kraftliner, unbleached, uncoated ($63.4M).

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Exports Dynamics

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Fastest Growing Exports Destination (Nov 2019 - Nov 2020)

Rapidly Declining Export Origins (Nov 2019 - Nov 2020)

Yearly Imports

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Value
Depth

Top Origin (2020): United States, $73.3M

Top Import (2020): Commodities not specified according to kind, $67.2M

In 2020 the top import origins of Arkhangelsk Region were United States ($73.3M), Finland ($62.1M), China ($16.7M), Germany ($14.7M), and Belarus ($8.61M).

In 2020 the top imports of Arkhangelsk Region were Commodities not specified according to kind ($67.2M), Machinery for pulping fibrous cellulosic material ($25M), Machinery for treatment by temperature change... ($24.2M), Cargo vessels other than tanker or... ($7.58M), and Sodium chlorate ($5.35M).

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Imports Dynamics

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Fastest Growing Import Origins (Nov 2019 - Nov 2020)

Rapidly Declining Import Origins (Nov 2019 - Nov 2020)

Economic Complexity

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Economic Complexity of Russia

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Arkhangelsk Region ranks 51st out of the 85 districts in Russia according to ECI.

Estimated using exports data.

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Economic Complexity Ranking

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Scale

The economic complexity of a territory can change year to year. Arkhangelsk Region it is in position 51st considering its ECI in the last year.

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Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Arkhangelsk Region already has a comparative advantage, are led by Veneer Sheets (0.038), Wood Carpentry (0.035), Coal Briquettes (0.034), Crustaceans (0.033), and Other Wood Articles (0.031).

Most Complex Products by PCI

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The highest complexity exports of Arkhangelsk Region according to the product complexity index (PCI) are Other Measuring Instruments (1.86), Oscilloscopes (1.77), Navigation Equipment (1.21), Lifting Machinery (1.08), and Other Uncoated Paper (0.49). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

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The most specialized products according to the RCA index are led by Sawn Wood (91.7), Other Uncoated Paper (74.4), Uncoated Kraft Paper (69.8), Uncoated Paper (69.6), and Fuel Wood (63.1).

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 Arkhangelsk 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

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This network shows the products most related to the production structure of  Arkhangelsk Region. These are products that tend to be co-exported with the products that Arkhangelsk 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.