Astrakhan Region

Federal subject in SOUTHERN FEDERAL DISTRICT, district of Russia

Exports (2019): $442M, Rnk 59/85

Top Destination (2019): $201M, Iran

Top Export (2019): $135M, Maize except seed corn

Imports (2019): $106M, Rnk 67/85

Top Origin (2019): $19.2M, Turkey

Top Import (2019): $19M, Cargo vessels other than tanker or...

Economic Complexity (2019): -0.7, Rnk 55 / 85

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

Exports: In 2019, Russia's Astrakhan Region exported $442M, making it the 59th largest exporter out of the 85 exporters in Russia. In 2019 the top exports of Astrakhan Region were Maize except seed corn ($135M), Commodities not specified according to kind ($80.7M), Cereals: barley, other than seed ($52.6M), Wood; coniferous species, of fir (Abies... ($37.2M), and Cereals: wheat and meslin, other than... ($23.4M).

Imports: In 2019, Russia's Astrakhan Region imported $106M, making it the 67th largest importer out of the 85 importers in Russia. In 2019 top imports of Astrakhan Region were Cargo vessels other than tanker or... ($19M), Floating, submersible drilling or production platform ($9.58M), Grapes, dried ($7.37M), Fruit, edible; mandarins (including tangerines and... ($5.92M), and Peaches, nectarines, fresh ($4.46M).

Economic Complexity: In 2019, the highest complexity exports of Astrakhan Region according to the product complexity index (PCI) are Self-Propelled Rail Transport (1.53), Forging Machines (1.46), Other Measuring Instruments (1.44), Other Rubber Products (0.69), and Cement Articles (0.68). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Top Destination (2019): Iran, $201M

Top Product (2019): Maize except seed corn, $135M

In 2019 the top export destinations of Astrakhan Region were Iran ($201M), China ($80.4M), Unknown ($52.8M), Ukraine ($34.3M), and Turkey ($23.1M).

In 2019 the top exports of Astrakhan Region were Maize except seed corn ($135M), Commodities not specified according to kind ($80.7M), Cereals: barley, other than seed ($52.6M), Wood; coniferous species, of fir (Abies... ($37.2M), and Cereals: wheat and meslin, other than... ($23.4M).

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Export Dynamics

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Fastest Growing Exports Destination (June 2019 - June 2020)

Rapidly Declining Export Origins (June 2019 - June 2020)

Yearly Imports

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Year

Top Origin (2019): Turkey, $19.2M

Top Import (2019): Cargo vessels other than tanker or..., $19M

In 2019 the top import origins of Astrakhan Region were Turkey ($19.2M), Iran ($14M), Georgia ($11.5M), United Arab Emirates ($9.59M), and China ($8.97M).

In 2019 the top imports of Astrakhan Region were Cargo vessels other than tanker or... ($19M), Floating, submersible drilling or production platform ($9.58M), Grapes, dried ($7.37M), Fruit, edible; mandarins (including tangerines and... ($5.92M), and Peaches, nectarines, fresh ($4.46M).

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Import Dynamics

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Fastest Growing Import Origins (June 2019 - June 2020)

Rapidly Declining Import Origins (June 2019 - June 2020)

Comparison in Time

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This section shows differences between total trade from ASTRAKHAN REGION throughout time.

This section shows forecasts for total exports and imports from ASTRAKHAN REGION. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

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Economic Complexity

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Economic Complexity of Russia

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Astrakhan Region ranks 55th out of the 85 federal subjects in Russia according to ECI.

Estimated using exports data.

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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 (0.078), Wheat Flours (0.075), Shaped Wood (0.074), Other Vegetable Residues (0.071), and Raw Sugar (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 Self-Propelled Rail Transport (1.53), Forging Machines (1.46), Other Measuring Instruments (1.44), Other Rubber Products (0.69), and Cement Articles (0.68). 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 (306), Corn (168), Potatoes (56), Sawn Wood (43.9), and Sheep and Goat Meat (37.9).

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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Depth
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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.