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District in Russia

2021
Economic
Complexity -0.3Rank 3 of 8
Jan 2022
Trade
Exports | Imports $24.3B | $14.3B1 of 8 | 1 of 8
Jan 2022
Country
Destination | Origin Turkey | China $3.59B  | $4.75B

About

Overview This page contains the latest international trade data for CENTRAL FEDERAL DISTRICT. In January 2022 CENTRAL FEDERAL DISTRICT was the number 1 in total exports and the number 1 in total imports in Russia.

Exports In 2021, Russia's Central Federal District exported $24.3B, making it the 1st largest exporter out of the 8 exporters in Russia. In 2021 the top exports of Central Federal District were Petroleum oils, oils from bituminous minerals,... ($68.9B), Commodities not specified according to kind ($62.6B), Light petroleum distillates nes ($28.9B), Gold in unwrought forms non-monetary ($15.4B), and Palladium unwrought or in powder form ($6.38B).

Imports In 2021, Russia's Central Federal District imported $14.3B, making it the 1st largest importer out of the 8 importers in Russia. In 2021 top imports of Central Federal District were Commodities not specified according to kind ($8.59B), Telephones for cellular networks or for... ($7.33B), Medicaments nes, in dosage ($7.04B), Portable Computers under 10kg with Keyboard... ($2.86B), and Medium Sized Cars ($2.29B).

Economic Complexity In 2021, the highest complexity exports of Central Federal District according to the product complexity index (PCI) are Navigation Equipment (1.14), Nuclear Reactors (0.78), Railway Track Fixtures (0.67), Platinum (0.58), Antifreeze (0.43), Steel Ingots (0.39), Railway Passenger Cars (0.39), Wallpaper (0.31), Rapeseed Oil (0.29), and Other Steel Bars (0.26). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

January, 2022

About

Overview In January 2022 CENTRAL FEDERAL DISTRICT exported $24.3B and imported $14.3B, resulting in a positive trade balance of $10B. Between January 2021 and January 2022 the exports of CENTRAL FEDERAL DISTRICT have increased by $9.78B (67.5%) from $14.5B to $24.3B, while imports increased by $4.14B (40.9%) from $10.1B to $14.3B.

Trade In January 2022, the top exports of CENTRAL FEDERAL DISTRICT were Commodities not elsewhere specified ($9.82B), Crude Petroleum ($6.95B), Refined Petroleum ($2.62B), Gold ($703M), and Platinum ($432M). In January 2022 the top imports of CENTRAL FEDERAL DISTRICT were Telephones ($1B), Computers ($582M), Cars ($558M), Packaged Medicaments ($551M), and Commodities not elsewhere specified ($480M).

Destinations In January 2022, CENTRAL FEDERAL DISTRICT exported mostly to Turkey ($3.59B), China ($2.73B), Germany ($2.54B), Italy ($1.94B), and Netherlands ($1.31B), and imported mostly from China ($4.75B), Germany ($1.06B), United States ($972M), Belarus ($600M), and Italy ($530M).

Growth In January 2022, the increase in CENTRAL FEDERAL DISTRICT's year-by-year exports was explained primarily by an increase in exports to France ($323M or 198%), Belarus ($194M or 26.6%), and United Kingdom ($156M or 18.9%), and product exports increase in Commodities not elsewhere specified ($429M or 13.3%), Gold ($421M or 115%), and Platinum ($209M or 41.9%). In January 2022, the increase in CENTRAL FEDERAL DISTRICT's year-by-year imports was explained primarily by an increase in imports from Vietnam ($96.2M or 44%), Japan ($63M or 23.1%), and United States ($60M or 13.8%), and product imports increase in Packaged Medicaments ($251M or 130%), Cars ($158M or 62.8%), and Vaccines, blood, antisera, toxins and cultures ($58.6M or 30.8%).

Latest Data

Time Scale
Flow
Color
Depth
EXPORT GROWTH (January 2021 - January 2022)$9.78B(67.5%)
IMPORT GROWTH (January 2021 - January 2022)$4.14B(40.9%)

This section shows exports and imports data at subnational level for CENTRAL FEDERAL DISTRICT. 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 CENTRAL FEDERAL DISTRICT over time.

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CENTRAL FEDERAL DISTRICT's Monthly Exports
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CENTRAL FEDERAL DISTRICT's Products Exports (Jan 2022)
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CENTRAL FEDERAL DISTRICT's Exports Destinations (Jan 2022)
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Historical Data

Yearly Exports

Color
Depth
Top Destination (2021)China$30.8B
Top Product (2021)Petroleum oils, oils from bituminous minerals,...$68.9B

In 2021 the top export destinations of Central Federal District were China ($30.8B), Germany ($20.4B), United Kingdom ($17.3B), Italy ($15.9B), and Netherlands ($15.9B).

In 2021 the top exports of Central Federal District were Petroleum oils, oils from bituminous minerals,... ($68.9B), Commodities not specified according to kind ($62.6B), Light petroleum distillates nes ($28.9B), Gold in unwrought forms non-monetary ($15.4B), and Palladium unwrought or in powder form ($6.38B).

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Exports (2021)
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Destinations (2021)
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Exports Dynamics

Fastest Growing Exports Destination (Jan 2021 - Jan 2022)
Turkey $2.65B (281%)
Germany $1.15B (82.4%)
Italy $997M (105%)
Rapidly Declining Export Origins (Jan 2021 - Jan 2022)
United Kingdom -$236M (-24.1%)
Belgium -$106M (-37.2%)
Malta -$84.3M (-67.1%)

Export Destinations of CENTRAL FEDERAL DISTRICT (Jan 2021 - Jan 2022)

Yearly Imports

Color
Depth
Top Origin (2021)China$47.7B
Top Import (2021)Commodities not specified according to kind$8.59B

In 2021 the top import origins of Central Federal District were China ($47.7B), Germany ($18.8B), United States ($11.9B), Belarus ($11.3B), and France ($8.53B).

In 2021 the top imports of Central Federal District were Commodities not specified according to kind ($8.59B), Telephones for cellular networks or for... ($7.33B), Medicaments nes, in dosage ($7.04B), Portable Computers under 10kg with Keyboard... ($2.86B), and Medium Sized Cars ($2.29B).

Explore Visualizations

Imports (2021)
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Origins (2021)
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Imports Dynamics

Fastest Growing Import Origins (Jan 2021 - Jan 2022)
China $1.86B (64.2%)
United States $478M (96.8%)
Germany $197M (22.9%)
Rapidly Declining Import Origins (Jan 2021 - Jan 2022)
Belarus -$86.5M (-12.6%)
Switzerland -$56.8M (-30.6%)
Slovenia -$4.06M (-7.65%)

Import Origins of CENTRAL FEDERAL DISTRICT (Jan 2021 - Jan 2022)

Economic Complexity

Economic Complexity of Central Federal District

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Economic Complexity (2021)-0.3

Central Federal District ranks 3rd out of the 8 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.

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ECI comparison Russia between districts (2021)

Economic Complexity Ranking

Value

The economic complexity of a territory can change year to year. Central Federal District it is in position 3rd considering its ECI in the last year.

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ECI Rank by District

Export Opportunities by Relatedness

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 Petroleum Gas (0.12), Coal Briquettes (0.12), Lignite (0.12), Sunflower Seeds (0.11), and Radioactive Chemicals (0.11).

Most Complex Products by PCI

The highest complexity exports of Central Federal District according to the product complexity index (PCI) are Navigation Equipment (1.14), Nuclear Reactors (0.78), Railway Track Fixtures (0.67), Platinum (0.58), Antifreeze (0.43), Steel Ingots (0.39), Railway Passenger Cars (0.39), Wallpaper (0.31), Rapeseed Oil (0.29), and Other Steel Bars (0.26). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Iron Reductions (24.19), Railway Passenger Cars (17.53), Pig Iron (13.53), Semi-Finished Iron (12.14), and Nuclear Reactors (10.76).

Product Space

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

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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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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