In 2019 the top export destinations of Moscow, The Capital Of Russian Federation were China ($29B), Germany ($16.3B), Netherlands ($16.2B), Turkey ($11.9B), and Italy ($9.77B).
In 2019 the top import origins of Moscow, The Capital Of Russian Federation were China ($24B), Germany ($11.6B), United States ($6.05B), Italy ($4.74B), and Belarus ($4.72B).
The top export opportunities according to the relatedness level, without considering those products were Moscow, The Capital Of Russian Federation already has a comparative advantage, are led by Petroleum Gas (0.05), Coal Briquettes (0.045), Radioactive Chemicals (0.042), Ammonia (0.042), and Dried Legumes (0.039).
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 Moscow, The Capital Of Russian Federation 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.
This network shows the products most related to the production structure of Moscow, The Capital Of Russian Federation. These are products that tend to be co-exported with the products that Moscow, The Capital Of Russian Federation exports. Higher relatedness values ββindicate greater knowledge, which predicts a greater probability of exporting that product in the future.
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.