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

Exports In 2020, undefined's Kostroma Region exported $3.64B, making it the 19th largest exporter out of the 85 exporters in undefined. In 2020 the top exports of Kostroma Region were Gold in unwrought forms non-monetary ($3.38B), Plywood; with sheets of wood only;... ($100M), Medium density fibreboard (MDF), of a... ($26M), Jewellery and parts of precious metal... ($22.1M), and Silver in unwrought forms ($21.5M).

Imports In 2020, undefined's Kostroma Region imported $139M, making it the 64th largest importer out of the 85 importers in undefined. In 2020 top imports of Kostroma Region were Tobacco, unmanufactured, stemmed or stripped ($9.77M), Commodities not specified according to kind ($9.67M), Diamonds (jewellery) worked but not mounted... ($7.49M), Paper, coated/impregnated/covered/coloured/printed ne ($5.61M), and Machines to agglomerate, shape, mould minerals... ($5.46M).

Economic Complexity In 2020, the highest complexity exports of Kostroma Region according to the product complexity index (PCI) are Particle Board (0.21), Wood Fiberboard (0.12), Phosphinates and Phosphonates (0.024), Other Wood Articles (-0.39), and Jewellery (-0.66). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

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Yearly Exports

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Top Destination (2020): United Kingdom, $3.37B

Top Product (2020): Gold in unwrought forms non-monetary, $3.38B

In 2020 the top export destinations of Kostroma Region were United Kingdom ($3.37B), Kazakhstan ($31.8M), Belarus ($24.1M), Switzerland ($18.4M), and Germany ($16.2M).

In 2020 the top exports of Kostroma Region were Gold in unwrought forms non-monetary ($3.38B), Plywood; with sheets of wood only;... ($100M), Medium density fibreboard (MDF), of a... ($26M), Jewellery and parts of precious metal... ($22.1M), and Silver in unwrought forms ($21.5M).

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Average price over time

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Air Pumps
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Exports Dynamics

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Fastest Growing Exports Destination (Jul 2020 - Jul 2021)

Rapidly Declining Export Origins (Jul 2020 - Jul 2021)

Yearly Imports

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Top Origin (2020): China, $26.8M

Top Import (2020): Tobacco, unmanufactured, stemmed or stripped, $9.77M

In 2020 the top import origins of Kostroma Region were China ($26.8M), Germany ($21.8M), Italy ($10.9M), Belarus ($10.5M), and India ($8.21M).

In 2020 the top imports of Kostroma Region were Tobacco, unmanufactured, stemmed or stripped ($9.77M), Commodities not specified according to kind ($9.67M), Diamonds (jewellery) worked but not mounted... ($7.49M), Paper, coated/impregnated/covered/coloured/printed ne ($5.61M), and Machines to agglomerate, shape, mould minerals... ($5.46M).

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Imports Dynamics

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Fastest Growing Import Origins (Jul 2020 - Jul 2021)

Rapidly Declining Import Origins (Jul 2020 - Jul 2021)

Economic Complexity

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Economic Complexity of N/A

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Economic Complexity (2020): -0.78

Kostroma Region ranks 52nd out of the 85 N/A in undefined 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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Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Kostroma Region already has a comparative advantage, are led by Sawn Wood (0.03), Fuel Wood (0.023), Wood Carpentry (0.022), Potassic Fertilizers (0.022), and Ferroalloys (0.021).

Most Complex Products by PCI

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The highest complexity exports of Kostroma Region according to the product complexity index (PCI) are Particle Board (0.21), Wood Fiberboard (0.12), Phosphinates and Phosphonates (0.024), Other Wood Articles (-0.39), and Jewellery (-0.66). 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 Gold (50.3), Plywood (32.0), Wood Fiberboard (13.5), Large Coated Flat-Rolled Iron (10.8), and Nitrites and Nitrates (7.3).

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