Astrakhan Region

Federal subject in SOUTHERN FEDERAL DISTRICT, district of Russia

2019
Economic
Complexity
: -0.68, Rank 56 of 64

Nov 2020
Trade
Exports | Imports
: $33.6M | $4.94M, 59 of 85 | 71 of 84

Nov 2020
Country
Destination | Origin
: Unknown | Unknown , $14.9M  | $2.21M

Nov 2020
Product
Exports | Imports
: Commodities not elsewhere specified | Grapes , $13.9M  | $856k

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

Exports: In 2020, Russia's Astrakhan Region exported $519M, making it the 55th largest exporter out of the 85 exporters in Russia. In 2020 the top exports of Astrakhan Region were Commodities not specified according to kind ($266M), Maize except seed corn ($87.5M), Cereals: barley, other than seed ($47.1M), Wood; coniferous species, of fir (Abies... ($34.3M), and Cereals: wheat and meslin, other than... ($10.9M).

Imports: In 2020, Russia's Astrakhan Region imported $293M, making it the 48th largest importer out of the 85 importers in Russia. In 2020 top imports of Astrakhan Region were Floating, submersible drilling or production platform ($195M), Iron or steel (excluding cast iron... ($8.33M), Grapes, dried ($6.42M), Buildings; prefabricated, not of wood ($5.42M), and Commodities not specified according to kind ($5.01M).

Economic Complexity: In 2019, the highest complexity exports of Astrakhan Region according to the product complexity index (PCI) are Other Measuring Instruments (1.86), Electric Soldering Equipment (1.72), Forging Machines (1.7), Self-Propelled Rail Transport (1.68), and Other Rubber Products (0.65). 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 ASTRAKHAN 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): Unknown, $178M

Top Product (2020): Commodities not specified according to kind, $266M

In 2020 the top export destinations of Astrakhan Region were Unknown ($178M), India ($141M), China ($80.2M), Iran ($32.6M), and Malaysia ($17.8M).

In 2020 the top exports of Astrakhan Region were Commodities not specified according to kind ($266M), Maize except seed corn ($87.5M), Cereals: barley, other than seed ($47.1M), Wood; coniferous species, of fir (Abies... ($34.3M), and Cereals: wheat and meslin, other than... ($10.9M).

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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): Turkmenistan, $199M

Top Import (2020): Floating, submersible drilling or production platform, $195M

In 2020 the top import origins of Astrakhan Region were Turkmenistan ($199M), Unknown ($33.9M), China ($8.85M), Azerbaijan ($8.84M), and Netherlands ($6.11M).

In 2020 the top imports of Astrakhan Region were Floating, submersible drilling or production platform ($195M), Iron or steel (excluding cast iron... ($8.33M), Grapes, dried ($6.42M), Buildings; prefabricated, not of wood ($5.42M), and Commodities not specified according to kind ($5.01M).

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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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Astrakhan Region ranks 56th 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. Astrakhan Region it is in position 56th 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 Astrakhan Region already has a comparative advantage, are led by Other Oily Seeds (0.077), Wheat Flours (0.073), Molasses (0.072), Shaped Wood (0.07), and Other Vegetable Residues (0.07).

Most Complex Products by PCI

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The highest complexity exports of Astrakhan Region according to the product complexity index (PCI) are Other Measuring Instruments (1.86), Electric Soldering Equipment (1.72), Forging Machines (1.7), Self-Propelled Rail Transport (1.68), and Other Rubber Products (0.65). 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 Barley (310), Corn (164), Potatoes (53.9), Sawn Wood (45.5), and Sheep and Goat Meat (36.2).

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 Astrakhan 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  Astrakhan Region. These are products that tend to be co-exported with the products that Astrakhan 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.