ASTRAKHAN REGIONFederal subject in SOUTHERN FEDERAL DISTRICT, district of Russia
2020 Economic Complexity : -0.84, Rank 57 of 61
Jan 2022 Trade Exports | Imports: $136M | $9.75M, 40 of 85 | 65 of 83
Jan 2022 Country Destination | Origin: India | Netherlands , $116M | $2.49M
Jan 2022 Product Exports | Imports: Commodities not specified according to kind | Tomatoes, fresh or chilled , $116M | $2.09M
Overview This page contains the latest international trade data for ASTRAKHAN REGION. In January 2022 ASTRAKHAN REGION was the number 52 in total exports and the number 67 in total imports in Russia.
Exports In 2021, Russia's Astrakhan Region exported $1.02B, making it the 52nd largest exporter out of the 85 exporters in Russia. In 2021 the top exports of Astrakhan Region were Commodities not specified according to kind ($537M), Floating, submersible drilling or production platform ($195M), Maize except seed corn ($91M), Wood; coniferous species, of fir (Abies... ($53.6M), and Cereals: barley, other than seed ($43.3M).
Imports In 2021, Russia's Astrakhan Region imported $137M, making it the 67th largest importer out of the 85 importers in Russia. In 2021 top imports of Astrakhan Region were Commodities not specified according to kind ($18.3M), Grapes, dried ($14.5M), Iron or steel (excluding cast iron... ($14.5M), Cargo vessels other than tanker or... ($14.4M), and Dates, fresh or dried ($7.14M).
Economic Complexity In 2020, the highest complexity exports of Astrakhan Region according to the product complexity index (PCI) are Stone Processing Machines (0.5), Barley (-0.16), Plywood (-0.67), Corn (-1.08), and Seed Oils (-1.1). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
January, 2022
Overview In January 2022 ASTRAKHAN REGION exported $136M and imported $9.75M, resulting in a positive trade balance of $126M. Between January 2021 and January 2022 the exports of ASTRAKHAN REGION have increased by $121M (804%) from $15.1M to $136M, while imports increased by $1.55M (18.8%) from $8.21M to $9.75M.
Trade In January 2022, the top exports of ASTRAKHAN REGION were Commodities not elsewhere specified ($116M), Corn ($13.2M), Sawn Wood ($3.94M), Plywood ($337k), and Chocolate ($264k). In January 2022 the top imports of ASTRAKHAN REGION were Tomatoes ($2.09M), Iron Structures ($1.43M), Combustion Engines ($1.34M), Iron Pipes ($995k), and Grapes ($716k).
Destinations In January 2022, ASTRAKHAN REGION exported mostly to India ($116M), Unknown ($16.6M), Iraq ($1.04M), Kazakhstan ($599k), and Turkmenistan ($455k), and imported mostly from Netherlands ($2.49M), Turkmenistan ($2.12M), Unknown ($1.54M), China ($1.2M), and Azerbaijan ($1.04M).
Growth In January 2022, the increase in ASTRAKHAN REGION's year-by-year exports was explained primarily by an increase in exports to Uzbekistan ($167k or 498%), China ($105k or 1.04k%), and Belarus ($74.6k or 62.1%), and product exports increase in Seed Oils ($1.93M or 9.08k%), Rice ($809k or 2.78k%), and Dried Legumes ($312k or 12k%). In January 2022, the increase in ASTRAKHAN REGION's year-by-year imports was explained primarily by an increase in imports from China ($330k or 62.6%), Kazakhstan ($230k or 140%), and Unknown ($134k or 2.79%), and product imports increase in Grapes ($966k or 123%), Processed Tomatoes ($459k or 332%), and Other Fruits ($137k or 99%).
EXPORT GROWTH (January 2021 - January 2022): $121M, (804%)
IMPORT GROWTH (January 2021 - January 2022): $1.55M, (18.8%)
This section shows exports and imports data at subnational level for ASTRAKHAN 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 ASTRAKHAN REGION over time.
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Top Destination (2021): India, $234M
Top Product (2021): Commodities not specified according to kind, $537M
In 2021 the top export destinations of Astrakhan Region were India ($234M), Unknown ($229M), Turkmenistan ($199M), China ($171M), and Egypt ($91.3M).
In 2021 the top exports of Astrakhan Region were Commodities not specified according to kind ($537M), Floating, submersible drilling or production platform ($195M), Maize except seed corn ($91M), Wood; coniferous species, of fir (Abies... ($53.6M), and Cereals: barley, other than seed ($43.3M).
Fastest Growing Exports Destination (Jan 2021 - Jan 2022)
Rapidly Declining Export Origins (Jan 2021 - Jan 2022)
Top Origin (2021): Unknown, $49.3M
Top Import (2021): Commodities not specified according to kind, $18.3M
In 2021 the top import origins of Astrakhan Region were Unknown ($49.3M), Turkey ($18.5M), Azerbaijan ($14.8M), Japan ($14.6M), and China ($10.3M).
In 2021 the top imports of Astrakhan Region were Commodities not specified according to kind ($18.3M), Grapes, dried ($14.5M), Iron or steel (excluding cast iron... ($14.5M), Cargo vessels other than tanker or... ($14.4M), and Dates, fresh or dried ($7.14M).
Fastest Growing Import Origins (Jan 2021 - Jan 2022)
Rapidly Declining Import Origins (Jan 2021 - Jan 2022)
Economic Complexity (2021): -0.84
Astrakhan Region ranks 57th 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.
The economic complexity of a territory can change year to year. Astrakhan Region it is in position 57th considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Astrakhan Region already has a comparative advantage, are led by Bran (0.05), Other Oily Seeds (0.048), Crustaceans (0.047), Soybeans (0.046), and Wheat Flours (0.044).
The highest complexity exports of Astrakhan Region according to the product complexity index (PCI) are Stone Processing Machines (0.5), Barley (-0.16), Plywood (-0.67), Corn (-1.08), and Seed Oils (-1.1). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The most specialized products according to the RCA index are led by Special Purpose Ships (115.3), Barley (100.8), Corn (42.8), Sawn Wood (27.7), and Seed Oils (25.3).
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.
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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