Krasnoyarsk Territory

Federal subject in SIBERIAN FEDERAL DISTRICT, district of Russia

2019
Economic
Complexity
: -0.4, Rank 46 of 64

Nov 2020
Trade
Exports | Imports
: $902M | $399M, 5 of 85 | 9 of 84

Nov 2020
Country
Destination | Origin
: China | United States , $518M  | $174M

Nov 2020
Product
Exports | Imports
: Refined Copper | Commodities not elsewhere specified , $506M  | $209M

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

Exports: In 2020, Russia's Krasnoyarsk Territory exported $5.39B, making it the 9th largest exporter out of the 85 exporters in Russia. In 2020 the top exports of Krasnoyarsk Territory were Copper cathodes and sections of cathodes... ($1.78B), Aluminium unwrought, not alloyed ($1.07B), Commodities not specified according to kind ($488M), Wood; coniferous species, of pine (Pinus... ($281M), and Aluminium unwrought, alloyed ($270M).

Imports: In 2020, Russia's Krasnoyarsk Territory imported $2B, making it the 13th largest importer out of the 85 importers in Russia. In 2020 top imports of Krasnoyarsk Territory were Commodities not specified according to kind ($548M), Aluminium oxide, except artificial corundum ($378M), Copper mattes: cement copper (precipitated copper) ($190M), Carbon and graphite electrodes, except for... ($77.5M), and Waste and scrap of precious metals:... ($72.3M).

Economic Complexity: In 2019, the highest complexity exports of Krasnoyarsk Territory according to the product complexity index (PCI) are Synthetic Rubber (0.95), Reaction and Catalytic Products (0.86), Nickel Powder (0.72), Refrigerators (0.7), and Iron Powder (0.68). 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 KRASNOYARSK TERRITORY'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): Netherlands, $1.45B

Top Product (2020): Copper cathodes and sections of cathodes..., $1.78B

In 2020 the top export destinations of Krasnoyarsk Territory were Netherlands ($1.45B), China ($1.32B), Germany ($496M), Turkey ($382M), and South Korea ($315M).

In 2020 the top exports of Krasnoyarsk Territory were Copper cathodes and sections of cathodes... ($1.78B), Aluminium unwrought, not alloyed ($1.07B), Commodities not specified according to kind ($488M), Wood; coniferous species, of pine (Pinus... ($281M), and Aluminium unwrought, alloyed ($270M).

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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): United States, $536M

Top Import (2020): Commodities not specified according to kind, $548M

In 2020 the top import origins of Krasnoyarsk Territory were United States ($536M), China ($329M), Finland ($218M), Australia ($142M), and Ukraine ($100M).

In 2020 the top imports of Krasnoyarsk Territory were Commodities not specified according to kind ($548M), Aluminium oxide, except artificial corundum ($378M), Copper mattes: cement copper (precipitated copper) ($190M), Carbon and graphite electrodes, except for... ($77.5M), and Waste and scrap of precious metals:... ($72.3M).

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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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Krasnoyarsk Territory ranks 46th 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. Krasnoyarsk Territory it is in position 46th 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 Krasnoyarsk Territory already has a comparative advantage, are led by Coal Briquettes (0.071), Crude Petroleum (0.062), Ammonia (0.059), Wheat (0.052), and Dried Legumes (0.048).

Most Complex Products by PCI

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The highest complexity exports of Krasnoyarsk Territory according to the product complexity index (PCI) are Synthetic Rubber (0.95), Reaction and Catalytic Products (0.86), Nickel Powder (0.72), Refrigerators (0.7), and Iron Powder (0.68). 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 Lead Ore (153), Precious Metal Ore (120), Raw Nickel (113), Refined Copper (88), and Raw Aluminium (65.6).

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 Krasnoyarsk Territory 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  Krasnoyarsk Territory. These are products that tend to be co-exported with the products that Krasnoyarsk Territory 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.