Kurgan Region

Federal subject in URALS FEDERAL DISTRICT, district of Russia

2019
Economic
Complexity
: 0.059, Rank 13 of 64

Nov 2020
Trade
Exports | Imports
: $19.8M | $18.6M, 71 of 85 | 60 of 84

Nov 2020
Country
Destination | Origin
: India | Kazakhstan , $11.6M  | $10.8M

Nov 2020
Product
Exports | Imports
: Commodities not elsewhere specified | Wheat , $11.6M  | $10.3M

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

Exports: In 2020, Russia's Kurgan Region exported $111M, making it the 73rd largest exporter out of the 85 exporters in Russia. In 2020 the top exports of Kurgan Region were Wood; coniferous species, of pine (Pinus... ($14.4M), Commodities not specified according to kind ($13.4M), Structures and parts of structures, iron... ($7.36M), Bridges and bridge sections, iron or... ($6.62M), and Medicaments nes, in dosage ($5.49M).

Imports: In 2020, Russia's Kurgan Region imported $117M, making it the 65th largest importer out of the 85 importers in Russia. In 2020 top imports of Kurgan Region were Cereals: wheat and meslin, durum wheat,... ($21.1M), Antibiotics nes, in bulk ($14.1M), Hot rolled alloy-steel, not in coil... ($3.06M), Packing or wrapping machinery nes ($3.03M), and Electrical control and distribution boards, <... ($2.95M).

Economic Complexity: In 2019, the highest complexity exports of Kurgan Region according to the product complexity index (PCI) are Iron Fasteners (1.81), Liquid Pumps (1.39), Valves (1.34), Other Heating Machinery (1.27), and Other Stone Articles (1.08). 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 KURGAN REGION'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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Value
Depth

Top Destination (2020): Kazakhstan, $43.6M

Top Product (2020): Wood; coniferous species, of pine (Pinus..., $14.4M

In 2020 the top export destinations of Kurgan Region were Kazakhstan ($43.6M), India ($11.8M), China ($8.25M), Belarus ($7.88M), and Uzbekistan ($7.52M).

In 2020 the top exports of Kurgan Region were Wood; coniferous species, of pine (Pinus... ($14.4M), Commodities not specified according to kind ($13.4M), Structures and parts of structures, iron... ($7.36M), Bridges and bridge sections, iron or... ($6.62M), and Medicaments nes, in dosage ($5.49M).

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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, $36.9M

Top Import (2020): Cereals: wheat and meslin, durum wheat,..., $21.1M

In 2020 the top import origins of Kurgan Region were China ($36.9M), Kazakhstan ($27.9M), France ($11.3M), Germany ($6.97M), and Italy ($5.43M).

In 2020 the top imports of Kurgan Region were Cereals: wheat and meslin, durum wheat,... ($21.1M), Antibiotics nes, in bulk ($14.1M), Hot rolled alloy-steel, not in coil... ($3.06M), Packing or wrapping machinery nes ($3.03M), and Electrical control and distribution boards, <... ($2.95M).

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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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Kurgan Region ranks 13th 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. Kurgan Region it is in position 13th 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 Kurgan Region already has a comparative advantage, are led by Fuel Wood (0.068), Oats (0.068), Wood Crates (0.068), Chocolate (0.067), and Soil Preparation Machinery (0.067).

Most Complex Products by PCI

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The highest complexity exports of Kurgan Region according to the product complexity index (PCI) are Iron Fasteners (1.81), Liquid Pumps (1.39), Valves (1.34), Other Heating Machinery (1.27), and Other Stone Articles (1.08). 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 Linseed (580), Yeast (47.3), Rapeseed Oil (41.1), Iron Powder (36.3), and Sawn Wood (32.5).

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