North Caucasus Federal District

District in Russia

2019
Economic
Complexity
: -0.42, Rank 5 of 8

Nov 2020
Trade
Exports | Imports
: $121M | $71M, 8 of 8 | 8 of 8

Nov 2020
Country
Destination | Origin
: N/A | N/A, N/A  | N/A

Nov 2020
Product
Exports | Imports
: Mixed Mineral or Chemical Fertilizers | Other Agricultural Machinery , $16.2M  | $4.77M

Overview: This page contains the latest international trade data for NORTH CAUCASUS FEDERAL DISTRICT, including export and import data.

Exports: In 2020, Russia's North Caucasus Federal District exported $1.06B, making it the 8th largest exporter out of the 8 exporters in Russia. In 2020 the top exports of North Caucasus Federal District were Cereals: wheat and meslin, other than... ($131M), Meat and edible offal: of fowls... ($79.5M), Nitrogen-phosphorus-potassium fertilizers, pack >10kg ($78.3M), Urea, including aqueous solution in packs... ($76.6M), and Urea-ammonium nitrate mixes in solution, pack... ($64.1M).

Imports: In 2020, Russia's North Caucasus Federal District imported $728M, making it the 8th largest importer out of the 8 importers in Russia. In 2020 top imports of North Caucasus Federal District were Birds' eggs, in shell: fresh, fertilised... ($29.9M), Generating sets, with spark ignition engines ($28.8M), Agricultural, bee-keeping plant nes, germination plan ($28.5M), Tractors; n.e.c. in heading no 8701... ($19M), and Bar/rod, iron or non-alloy steel, indented... ($16.5M).

Economic Complexity: In 2019, the highest complexity exports of North Caucasus Federal District according to the product complexity index (PCI) are Plastic Floor Coverings (1.09), Saturated Acyclic Monocarboxylic Acids (1.06), Other Plastic Sheetings (0.74), Nitrogen Heterocyclic Compounds (0.71), and Acyclic Hydrocarbons (0.44). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Value
Depth

Top Destination (2020): Azerbaijan, $154M

Top Product (2020): Cereals: wheat and meslin, other than..., $131M

In 2020 the top export destinations of North Caucasus Federal District were Azerbaijan ($154M), China ($103M), Armenia ($95.2M), Georgia ($60.3M), and Turkey ($51M).

In 2020 the top exports of North Caucasus Federal District were Cereals: wheat and meslin, other than... ($131M), Meat and edible offal: of fowls... ($79.5M), Nitrogen-phosphorus-potassium fertilizers, pack >10kg ($78.3M), Urea, including aqueous solution in packs... ($76.6M), and Urea-ammonium nitrate mixes in solution, pack... ($64.1M).

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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, $161M

Top Import (2020): Birds' eggs, in shell: fresh, fertilised..., $29.9M

In 2020 the top import origins of North Caucasus Federal District were China ($161M), Belarus ($83.3M), Germany ($54.3M), Ukraine ($41.5M), and Turkey ($39.9M).

In 2020 the top imports of North Caucasus Federal District were Birds' eggs, in shell: fresh, fertilised... ($29.9M), Generating sets, with spark ignition engines ($28.8M), Agricultural, bee-keeping plant nes, germination plan ($28.5M), Tractors; n.e.c. in heading no 8701... ($19M), and Bar/rod, iron or non-alloy steel, indented... ($16.5M).

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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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North Caucasus Federal District ranks 5th out of the 8 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. North Caucasus Federal District it is in position 5th 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 North Caucasus Federal District already has a comparative advantage, are led by Petroleum Gas (0.13), Cement (0.13), Concentrated Milk (0.12), Rough Wood (0.12), and Fruit Juice (0.12).

Most Complex Products by PCI

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The highest complexity exports of North Caucasus Federal District according to the product complexity index (PCI) are Plastic Floor Coverings (1.09), Saturated Acyclic Monocarboxylic Acids (1.06), Other Plastic Sheetings (0.74), Nitrogen Heterocyclic Compounds (0.71), and Acyclic Hydrocarbons (0.44). 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 Synthetic Reconstructed Jewellery Stones (333), Nitrogenous Fertilizers (174), Mixed Mineral or Chemical Fertilizers (69.8), Poultry Meat (56.1), and Wheat (50.4).

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 North Caucasus Federal District 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  North Caucasus Federal District. These are products that tend to be co-exported with the products that North Caucasus Federal District 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.