Chuvash Republic

Federal subject in VOLGA FEDERAL DISTRICT, district of Russia

2019
Economic
Complexity
: 0.25, Rank 1 of 64

Nov 2020
Trade
Exports | Imports
: $19.3M | $21M, 72 of 85 | 58 of 84

Nov 2020
Country
Destination | Origin
: Kazakhstan | China , $6.41M  | $7.89M

Nov 2020
Product
Exports | Imports
: Semiconductor Devices | Sulfonamides , $2.75M  | $2.51M

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

Exports: In 2020, Russia's Chuvash Republic exported $178M, making it the 68th largest exporter out of the 85 exporters in Russia. In 2020 the top exports of Chuvash Republic were Herbicides, anti-sprouting products and plant-growth regulators:... ($23M), Food preparations: waffles and wafers, whether... ($10.1M), Carbonates of metals nes ($8.82M), Photosensitive/photovoltaic/LED semiconductor devices ($7.11M), and Electrical control and distribution boards, <... ($7.05M).

Imports: In 2020, Russia's Chuvash Republic imported $240M, making it the 55th largest importer out of the 85 importers in Russia. In 2020 top imports of Chuvash Republic were Chemical element/compound wafers doped for electronic ($23.1M), Sulphonamides; n.e.c. in heading no. 2935 ($16.9M), Herbicides, anti-sprouting products and plant-growth regulators:... ($10.8M), Heterocyclic compounds with unfused pyridine ring,nes ($8.93M), and Organo-inorganic compounds: other than tetramethyl lead,... ($8.92M).

Economic Complexity: In 2019, the highest complexity exports of Chuvash Republic according to the product complexity index (PCI) are Prepared Rubber Accelerators (N/A), Oscilloscopes (1.77), Other Organo-Inorganic Compounds (1.56), Electric Furnaces (1.4), and Other Heating Machinery (1.27). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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Value
Reference Period

This section shows the differences between CHUVASH REPUBLIC'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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Depth

Top Destination (2020): Kazakhstan, $49.6M

Top Product (2020): Herbicides, anti-sprouting products and plant-growth regulators:..., $23M

In 2020 the top export destinations of Chuvash Republic were Kazakhstan ($49.6M), Belarus ($31M), China ($17.5M), Uzbekistan ($10M), and United States ($6.9M).

In 2020 the top exports of Chuvash Republic were Herbicides, anti-sprouting products and plant-growth regulators:... ($23M), Food preparations: waffles and wafers, whether... ($10.1M), Carbonates of metals nes ($8.82M), Photosensitive/photovoltaic/LED semiconductor devices ($7.11M), and Electrical control and distribution boards, <... ($7.05M).

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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, $108M

Top Import (2020): Chemical element/compound wafers doped for electronic, $23.1M

In 2020 the top import origins of Chuvash Republic were China ($108M), Belarus ($34.1M), Germany ($12.6M), Italy ($11M), and Japan ($9.53M).

In 2020 the top imports of Chuvash Republic were Chemical element/compound wafers doped for electronic ($23.1M), Sulphonamides; n.e.c. in heading no. 2935 ($16.9M), Herbicides, anti-sprouting products and plant-growth regulators:... ($10.8M), Heterocyclic compounds with unfused pyridine ring,nes ($8.93M), and Organo-inorganic compounds: other than tetramethyl lead,... ($8.92M).

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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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Chuvash Republic ranks 1st 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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The economic complexity of a territory can change year to year. Chuvash Republic it is in position 1st 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 Chuvash Republic already has a comparative advantage, are led by Iron Radiators (0.1), Centrifuges (0.1), Traffic Signals (0.1), Excavation Machinery (0.1), and Rubber Pipes (0.1).

Most Complex Products by PCI

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The highest complexity exports of Chuvash Republic according to the product complexity index (PCI) are Prepared Rubber Accelerators (N/A), Oscilloscopes (1.77), Other Organo-Inorganic Compounds (1.56), Electric Furnaces (1.4), and Other Heating Machinery (1.27). 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 Prepared Rubber Accelerators (189), Linseed (185), Fireworks (170), Carbonates (111), and Halogenated Hydrocarbons (61.4).

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 Chuvash Republic 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  Chuvash Republic. These are products that tend to be co-exported with the products that Chuvash Republic 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.