Krasnoyarsk Territory

Federal subject in SIBERIAN FEDERAL DISTRICT, district of Russia

Exports (2019): $6.35B, Rnk 13/85

Top Destination (2019): $2.3B, Netherlands

Top Export (2019): $1.98B, Copper cathodes and sections of cathodes...

Imports (2019): $2.41B, Rnk 15/85

Top Origin (2019): $736M, United States

Top Import (2019): $699M, Commodities not specified according to kind

Economic Complexity (2019): -0.53, Rnk 50 / 85

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

Exports: In 2019, Russia's Krasnoyarsk Territory exported $6.35B, making it the 13th largest exporter out of the 85 exporters in Russia. In 2019 the top exports of Krasnoyarsk Territory were Copper cathodes and sections of cathodes... ($1.98B), Aluminium unwrought, not alloyed ($1.07B), Nickel unwrought, not alloyed ($538M), Commodities not specified according to kind ($386M), and Wood; coniferous species, of pine (Pinus... ($344M).

Imports: In 2019, Russia's Krasnoyarsk Territory imported $2.41B, making it the 15th largest importer out of the 85 importers in Russia. In 2019 top imports of Krasnoyarsk Territory were Commodities not specified according to kind ($699M), Aluminium oxide, except artificial corundum ($566M), Waste and scrap of precious metals:... ($105M), Palladium unwrought or in powder form ($72.3M), and Carbon and graphite electrodes, except for... ($63.9M).

Economic Complexity: In 2019, the highest complexity exports of Krasnoyarsk Territory according to the product complexity index (PCI) are Synthetic Rubber (1.14), Reaction and Catalytic Products (0.85), Refrigerators (0.66), Other Precious Metal Products (0.27), and Other Metals (0.18). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Depth
Year

Top Destination (2019): Netherlands, $2.3B

Top Product (2019): Copper cathodes and sections of cathodes..., $1.98B

In 2019 the top export destinations of Krasnoyarsk Territory were Netherlands ($2.3B), China ($1.46B), Germany ($718M), South Korea ($317M), and Switzerland ($172M).

In 2019 the top exports of Krasnoyarsk Territory were Copper cathodes and sections of cathodes... ($1.98B), Aluminium unwrought, not alloyed ($1.07B), Nickel unwrought, not alloyed ($538M), Commodities not specified according to kind ($386M), and Wood; coniferous species, of pine (Pinus... ($344M).

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Export Dynamics

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Fastest Growing Exports Destination (August 2019 - August 2020)

Rapidly Declining Export Origins (August 2019 - August 2020)

Yearly Imports

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Depth
Year

Top Origin (2019): United States, $736M

Top Import (2019): Commodities not specified according to kind, $699M

In 2019 the top import origins of Krasnoyarsk Territory were United States ($736M), China ($344M), Australia ($206M), Ukraine ($181M), and Germany ($101M).

In 2019 the top imports of Krasnoyarsk Territory were Commodities not specified according to kind ($699M), Aluminium oxide, except artificial corundum ($566M), Waste and scrap of precious metals:... ($105M), Palladium unwrought or in powder form ($72.3M), and Carbon and graphite electrodes, except for... ($63.9M).

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Import Dynamics

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Fastest Growing Import Origins (August 2019 - August 2020)

Rapidly Declining Import Origins (August 2019 - August 2020)

Comparison in Time

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This section shows differences between total trade from KRASNOYARSK TERRITORY throughout time.

This section shows forecasts for total exports and imports from KRASNOYARSK TERRITORY. 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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Krasnoyarsk Territory ranks 50th 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 Krasnoyarsk Territory already has a comparative advantage, are led by Coal Briquettes (0.071), Crude Petroleum (0.066), Ammonia (0.056), Wheat (0.05), and Plywood (0.049).

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 (1.14), Reaction and Catalytic Products (0.85), Refrigerators (0.66), Other Precious Metal Products (0.27), and Other Metals (0.18). 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 (143), Raw Nickel (118), Precious Metal Ore (114), Refined Copper (87.5), and Raw Aluminium (63.5).

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 โ€‹โ€‹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.