Chelyabinsk Region

Federal subject in URALS FEDERAL DISTRICT, district of Russia

2019
Economic
Complexity
: -0.051, Rank 18 of 64

Nov 2020
Trade
Exports | Imports
: $421M | $208M, 14 of 85 | 14 of 84

Nov 2020
Country
Destination | Origin
: Kazakhstan | Kazakhstan , $71M  | $78.8M

Nov 2020
Product
Exports | Imports
: Hot-Rolled Iron | Iron Ore , $149M  | $53.7M

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

Exports: In 2020, Russia's Chelyabinsk Region exported $3.51B, making it the 17th largest exporter out of the 85 exporters in Russia. In 2020 the top exports of Chelyabinsk Region were Wire of refined copper > 6mm... ($537M), Iron or non-alloy steel: in coils,... ($411M), Copper cathodes and sections of cathodes... ($217M), Pipe-line submerged arc welded steel diameter... ($117M), and Flat rolled iron or non-alloy steel,... ($102M).

Imports: In 2020, Russia's Chelyabinsk Region imported $1.94B, making it the 15th largest importer out of the 85 importers in Russia. In 2020 top imports of Chelyabinsk Region were Iron ore, concentrate, not iron pyrites,unagglomerate ($392M), Iron ore, concentrate, not iron pyrites,... ($134M), Manganese ores, concentrates, iron ores >20%... ($124M), Zinc ores and concentrates ($40.9M), and Magnesia, fused, dead-burned etc and magnesium... ($37.9M).

Economic Complexity: In 2019, the highest complexity exports of Chelyabinsk Region according to the product complexity index (PCI) are Flat Flat-Rolled Steel (1.47), Other Stone Articles (1.08), Locomotive Parts (0.82), Electrical Insulators (0.79), and Rock Wool (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 CHELYABINSK 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): Kazakhstan, $697M

Top Product (2020): Wire of refined copper > 6mm..., $537M

In 2020 the top export destinations of Chelyabinsk Region were Kazakhstan ($697M), Kuwait ($462M), Egypt ($327M), Uzbekistan ($308M), and Belarus ($198M).

In 2020 the top exports of Chelyabinsk Region were Wire of refined copper > 6mm... ($537M), Iron or non-alloy steel: in coils,... ($411M), Copper cathodes and sections of cathodes... ($217M), Pipe-line submerged arc welded steel diameter... ($117M), and Flat rolled iron or non-alloy steel,... ($102M).

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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): Kazakhstan, $711M

Top Import (2020): Iron ore, concentrate, not iron pyrites,unagglomerate, $392M

In 2020 the top import origins of Chelyabinsk Region were Kazakhstan ($711M), China ($409M), Germany ($162M), South Africa ($92.2M), and Italy ($91.5M).

In 2020 the top imports of Chelyabinsk Region were Iron ore, concentrate, not iron pyrites,unagglomerate ($392M), Iron ore, concentrate, not iron pyrites,... ($134M), Manganese ores, concentrates, iron ores >20%... ($124M), Zinc ores and concentrates ($40.9M), and Magnesia, fused, dead-burned etc and magnesium... ($37.9M).

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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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Chelyabinsk Region ranks 18th 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. Chelyabinsk Region it is in position 18th 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 Chelyabinsk Region already has a comparative advantage, are led by Sunflower Seeds (0.13), Iron Ore (0.12), Semi-Finished Iron (0.12), Carbides (0.12), and Particle Board (0.12).

Most Complex Products by PCI

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The highest complexity exports of Chelyabinsk Region according to the product complexity index (PCI) are Flat Flat-Rolled Steel (1.47), Other Stone Articles (1.08), Locomotive Parts (0.82), Electrical Insulators (0.79), and Rock Wool (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 Other Large Iron Pipes (143), Copper Wire (126), Hot-Rolled Iron (75.2), Magnesium Carbonate (51.1), and Ferroalloys (46.6).

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