Novosibirsk Region

Federal subject in SIBERIAN FEDERAL DISTRICT, district of Russia

Exports (2019): $3.06B, Rnk 26/85

Top Destination (2019): $645M, China

Top Export (2019): $1.04B, Anthracite, not agglomerated

Imports (2019): $2.68B, Rnk 14/85

Top Origin (2019): $953M, China

Top Import (2019): $714M, Commodities not specified according to kind

Economic Complexity (2019): -0.13, Rnk 26 / 85

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

Exports: In 2019, Russia's Novosibirsk Region exported $3.06B, making it the 26th largest exporter out of the 85 exporters in Russia. In 2019 the top exports of Novosibirsk Region were Anthracite, not agglomerated ($1.04B), Bituminous coal, not agglomerated ($353M), Commodities not specified according to kind ($340M), Fuel elements non-irradiated, for nuclear reactors ($247M), and Telescopes for arms/other equipment, periscopes ($92.3M).

Imports: In 2019, Russia's Novosibirsk Region imported $2.68B, making it the 14th largest importer out of the 85 importers in Russia. In 2019 top imports of Novosibirsk Region were Commodities not specified according to kind ($714M), Dump trucks designed for off-highway use ($41.6M), Iron or non-alloy steel: in coils,... ($36.9M), Poly(ethylene terephthalate); in primary forms, having... ($33.6M), and Tricycles, scooters, pedal cars and similar... ($32.7M).

Economic Complexity: In 2019, the highest complexity exports of Novosibirsk Region according to the product complexity index (PCI) are Artificial Graphite (1.16), LCDs (1.05), Nuclear Reactors (0.96), Binoculars and Telescopes (0.94), and Reaction and Catalytic Products (0.85). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Value
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Year

Top Destination (2019): China, $645M

Top Product (2019): Anthracite, not agglomerated, $1.04B

In 2019 the top export destinations of Novosibirsk Region were China ($645M), Germany ($371M), Kazakhstan ($350M), Saudi Arabia ($115M), and South Korea ($113M).

In 2019 the top exports of Novosibirsk Region were Anthracite, not agglomerated ($1.04B), Bituminous coal, not agglomerated ($353M), Commodities not specified according to kind ($340M), Fuel elements non-irradiated, for nuclear reactors ($247M), and Telescopes for arms/other equipment, periscopes ($92.3M).

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Export Dynamics

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Fastest Growing Exports Destination (June 2019 - June 2020)

Rapidly Declining Export Origins (June 2019 - June 2020)

Yearly Imports

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Value
Depth
Year

Top Origin (2019): China, $953M

Top Import (2019): Commodities not specified according to kind, $714M

In 2019 the top import origins of Novosibirsk Region were China ($953M), France ($719M), Kazakhstan ($202M), United States ($90.7M), and Belarus ($76.4M).

In 2019 the top imports of Novosibirsk Region were Commodities not specified according to kind ($714M), Dump trucks designed for off-highway use ($41.6M), Iron or non-alloy steel: in coils,... ($36.9M), Poly(ethylene terephthalate); in primary forms, having... ($33.6M), and Tricycles, scooters, pedal cars and similar... ($32.7M).

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Import Dynamics

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Fastest Growing Import Origins (June 2019 - June 2020)

Rapidly Declining Import Origins (June 2019 - June 2020)

Comparison in Time

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Flow
Value

This section shows differences between total trade from NOVOSIBIRSK REGION throughout time.

This section shows forecasts for total exports and imports from NOVOSIBIRSK REGION. 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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Novosibirsk Region ranks 26th 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 Novosibirsk Region already has a comparative advantage, are led by Rough Wood (0.13), Fuel Wood (0.12), Bovine (0.12), Other Vegetable Residues (0.12), and Other Prepared Meat (0.12).

Most Complex Products by PCI

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The highest complexity exports of Novosibirsk Region according to the product complexity index (PCI) are Artificial Graphite (1.16), LCDs (1.05), Nuclear Reactors (0.96), Binoculars and Telescopes (0.94), and Reaction and Catalytic Products (0.85). 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 Nuclear Reactors (375), Alkaline Metals (114), Detonating Fuses (81.6), Cathode Tubes (69.5), and Coal Briquettes (66.4).

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