Chuvash Republic

Federal subject in VOLGA FEDERAL DISTRICT, district of Russia

Exports (2019): $179M, Rnk 71/85

Top Destination (2019): $41.7M, Kazakhstan

Top Export (2019): $11.8M, Electrical control and distribution boards, <...

Imports (2019): $284M, Rnk 53/85

Top Origin (2019): $119M, China

Top Import (2019): $25.4M, Sulphonamides; n.e.c. in heading no. 2935

Economic Complexity (2019): 0.22, Rnk 3 / 85

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

Exports: In 2019, Russia's Chuvash Republic exported $179M, making it the 71st largest exporter out of the 85 exporters in Russia. In 2019 the top exports of Chuvash Republic were Electrical control and distribution boards, <... ($11.8M), Herbicides, anti-sprouting products and plant-growth regulators:... ($10.4M), Food preparations: waffles and wafers, whether... ($9.17M), Carbonates of metals nes ($8.09M), and Anti-oxidising preparations and other compound stabilisers;... ($8M).

Imports: In 2019, Russia's Chuvash Republic imported $284M, making it the 53rd largest importer out of the 85 importers in Russia. In 2019 top imports of Chuvash Republic were Sulphonamides; n.e.c. in heading no. 2935 ($25.4M), Chemical element/compound wafers doped for electronic ($18.2M), Herbicides, anti-sprouting products and plant-growth regulators:... ($15.7M), Fungicides: other than containing goods specified... ($13.9M), and Heterocyclic compounds: n.e.c. in headings no.... ($12.1M).

Economic Complexity: In 2019, the highest complexity exports of Chuvash Republic according to the product complexity index (PCI) are Prepared Rubber Accelerators (N/A), Linseed (-0.87), Fireworks (N/A), Other Heating Machinery (1.36), and Oscilloscopes (1.21). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Value
Depth
Year

Top Destination (2019): Kazakhstan, $41.7M

Top Product (2019): Electrical control and distribution boards, <..., $11.8M

In 2019 the top export destinations of Chuvash Republic were Kazakhstan ($41.7M), Belarus ($38.4M), Uzbekistan ($12.5M), China ($11.7M), and Ukraine ($7.34M).

In 2019 the top exports of Chuvash Republic were Electrical control and distribution boards, <... ($11.8M), Herbicides, anti-sprouting products and plant-growth regulators:... ($10.4M), Food preparations: waffles and wafers, whether... ($9.17M), Carbonates of metals nes ($8.09M), and Anti-oxidising preparations and other compound stabilisers;... ($8M).

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Export Dynamics

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Fastest Growing Exports Destination (June 2019 - June 2020)

Rapidly Declining Export Origins (June 2019 - June 2020)

Yearly Imports

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Value
Depth
Year

Top Origin (2019): China, $119M

Top Import (2019): Sulphonamides; n.e.c. in heading no. 2935, $25.4M

In 2019 the top import origins of Chuvash Republic were China ($119M), Belarus ($49.5M), Germany ($18.4M), Italy ($15.1M), and South Korea ($8.14M).

In 2019 the top imports of Chuvash Republic were Sulphonamides; n.e.c. in heading no. 2935 ($25.4M), Chemical element/compound wafers doped for electronic ($18.2M), Herbicides, anti-sprouting products and plant-growth regulators:... ($15.7M), Fungicides: other than containing goods specified... ($13.9M), and Heterocyclic compounds: n.e.c. in headings no.... ($12.1M).

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Import Dynamics

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Fastest Growing Import Origins (June 2019 - June 2020)

Rapidly Declining Import Origins (June 2019 - June 2020)

Comparison in Time

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Flow
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This section shows differences between total trade from CHUVASH REPUBLIC throughout time.

This section shows forecasts for total exports and imports from CHUVASH REPUBLIC. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

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Economic Complexity

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Economic Complexity of Russia

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Chuvash Republic ranks 3rd out of the 85 federal subjects in Russia according to ECI.

Estimated using exports data.

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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 Centrifuges (0.1), Technical Use Textiles (0.1), Iron Radiators (0.1), Traffic Signals (0.1), and Barley (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), Linseed (-0.87), Fireworks (N/A), Other Heating Machinery (1.36), and Oscilloscopes (1.21). 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 (177), Linseed (171), Fireworks (169), Carbonates (113), and Bathroom Ceramics (67.7).

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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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.