Central Federal District

District in Russia

2019
Economic
Complexity
: -0.44, Rank 6 of 8

Nov 2020
Trade
Exports | Imports
: $14.6B | $14B, 1 of 8 | 1 of 8

Nov 2020
Country
Destination | Origin
: United Kingdom | China , $2.13B  | $3.57B

Nov 2020
Product
Exports | Imports
: Commodities not elsewhere specified | Telephones , $3.46B  | $1.11B

Overview: This page contains the latest international trade data for CENTRAL FEDERAL DISTRICT, including export and import data.

Exports: In 2020, Russia's Central Federal District exported $134B, making it the 1st largest exporter out of the 8 exporters in Russia. In 2020 the top exports of Central Federal District were Petroleum oils, oils from bituminous minerals,... ($36.3B), Commodities not specified according to kind ($26.8B), Light petroleum distillates nes ($16.1B), Gold in unwrought forms non-monetary ($14.7B), and Palladium unwrought or in powder form ($4.88B).

Imports: In 2020, Russia's Central Federal District imported $122B, making it the 1st largest importer out of the 8 importers in Russia. In 2020 top imports of Central Federal District were Telephones for cellular networks or for... ($5.18B), Medicaments nes, in dosage ($4.31B), Commodities not specified according to kind ($4.15B), Automatic data processing machines: portable, weighing... ($1.97B), and Medium Sized Cars ($1.51B).

Economic Complexity: In 2019, the highest complexity exports of Central Federal District according to the product complexity index (PCI) are Navigation Equipment (1.21), Steel Ingots (0.87), Nuclear Reactors (0.85), Wallpaper (0.74), and Wheat Gluten (0.73). 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 CENTRAL FEDERAL DISTRICT'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): United Kingdom, $16.6B

Top Product (2020): Petroleum oils, oils from bituminous minerals,..., $36.3B

In 2020 the top export destinations of Central Federal District were United Kingdom ($16.6B), China ($16.2B), Germany ($9.79B), Belarus ($8.86B), and Netherlands ($8.56B).

In 2020 the top exports of Central Federal District were Petroleum oils, oils from bituminous minerals,... ($36.3B), Commodities not specified according to kind ($26.8B), Light petroleum distillates nes ($16.1B), Gold in unwrought forms non-monetary ($14.7B), and Palladium unwrought or in powder form ($4.88B).

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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): China, $30.3B

Top Import (2020): Telephones for cellular networks or for..., $5.18B

In 2020 the top import origins of Central Federal District were China ($30.3B), Germany ($12.9B), United States ($7.54B), Belarus ($7.23B), and Italy ($5.65B).

In 2020 the top imports of Central Federal District were Telephones for cellular networks or for... ($5.18B), Medicaments nes, in dosage ($4.31B), Commodities not specified according to kind ($4.15B), Automatic data processing machines: portable, weighing... ($1.97B), and Medium Sized Cars ($1.51B).

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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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Central Federal District ranks 6th out of the 8 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. Central Federal District it is in position 6th 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 Central Federal District already has a comparative advantage, are led by Radioactive Chemicals (0.12), Petroleum Gas (0.12), Coal Briquettes (0.12), Iron Ore (0.11), and Calcium Phosphates (0.11).

Most Complex Products by PCI

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The highest complexity exports of Central Federal District according to the product complexity index (PCI) are Navigation Equipment (1.21), Steel Ingots (0.87), Nuclear Reactors (0.85), Wallpaper (0.74), and Wheat Gluten (0.73). 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 Iron Reductions (21.3), Nuclear Reactors (12.5), Pig Iron (12.3), Platinum (12.2), and Semi-Finished Iron (8.32).

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 Central Federal District 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  Central Federal District. These are products that tend to be co-exported with the products that Central Federal District 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.