Orenburg RegionFederal subject in VOLGA FEDERAL DISTRICT, district of Russia
2019 Economic Complexity: -0.36, Rank 42 of 64
Nov 2020 Trade Exports | Imports: $108M | $32.2M, 38 of 85 | 49 of 84
Nov 2020 Country Destination | Origin: Belarus | Chile , $26.5M | $10.3M
Nov 2020 Product Exports | Imports: Crude Petroleum | Precipitated Copper , $25.7M | $10.3M
Overview: This page contains the latest international trade data for ORENBURG REGION, including export and import data.
Exports: In 2020, Russia's Orenburg Region exported $1.56B, making it the 29th largest exporter out of the 85 exporters in Russia. In 2020 the top exports of Orenburg Region were Pig iron, non-alloy, <0.5% phosphorus ($428M), Petroleum oils, oils from bituminous minerals,... ($257M), Light petroleum distillates nes ($219M), Petroleum spirit for motor vehicles ($141M), and Asbestos: other than crocidolite (blue asbestos) ($70.3M).
Imports: In 2020, Russia's Orenburg Region imported $254M, making it the 53rd largest importer out of the 85 importers in Russia. In 2020 top imports of Orenburg Region were Copper mattes: cement copper (precipitated copper) ($34.8M), Furnaces/ovens non-electric for ores/pyrites/metals ($22.2M), Chromium ores and concentrates ($18.3M), Distilling or rectifying plant ($13.7M), and Polyethylene - specific gravity >0.94 in... ($10.1M).
Economic Complexity: In 2019, the highest complexity exports of Orenburg Region according to the product complexity index (PCI) are Ketones and Quinones (1.2), Harvesting Machinery (0.87), Other Large Iron Pipes (0.66), Stone Processing Machines (0.57), and Iron Railway Products (0.51). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In November 2020 ORENBURG REGION exported $108M and imported $32.2M, resulting in a positive trade balance of $75.4M. Between November 2019 and November 2020 the exports of ORENBURG REGION have decreased by $-89.6M (-45.5%) from $197M to $108M, while imports increased by $6.04M (23.1%) from $26.2M to $32.2M.
Trade: In November 2020, the top exports of ORENBURG REGION were Crude Petroleum ($25.7M), Refined Petroleum ($23.4M), Seed Oils ($13.8M), Asbestos ($8.25M), and Petroleum Coke ($4.88M). In November 2020 the top imports of ORENBURG REGION were Precipitated Copper ($10.3M), Trailers ($3.27M), Tractors ($2.06M), Grapes ($1.58M), and Wheat ($1.56M).
Destinations: In November 2020, ORENBURG REGION exported mostly to Belarus ($26.5M), Kazakhstan ($17.5M), Uzbekistan ($17M), Azerbaijan ($6.1M), and China ($5.47M), and imported mostly from Chile ($10.3M), United States ($5.52M), Kazakhstan ($3.68M), China ($3.13M), and Uzbekistan ($3.06M).
Growth: In November 2020, the decrease in ORENBURG REGION's year-by-year exports was explained primarily by an decrease in exports to China ($-26.6M or -83%), Kyrgyzstan ($-12.3M or -77.3%), and United States ($-7.2M or -91.3%), and product exports decrease in Pig Iron ($-64.4M or -97%), Refined Petroleum ($-15.4M or -39.6%), and Crude Petroleum ($-11.5M or -30.9%). In November 2020, the increase in ORENBURG REGION's year-by-year imports was explained primarily by an increase in imports from United States ($4.59M or 492%), Kazakhstan ($1.81M or 97%), and Taiwan ($816k or 212%), and product imports increase in Trailers ($3.27M or 529k%), Grapes ($1.57M or 36k%), and Wheat ($1.3M or 512%).
EXPORT GROWTH (November 2019 - November 2020): $-89.6M, (-45.5%)
IMPORT GROWTH (November 2019 - November 2020): $6.04M, (23.1%)
This section shows exports and imports data at subnational level for ORENBURG REGION. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of ORENBURG REGION over time.
This section shows the differences between ORENBURG REGION's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Russia's country profile.
Top Destination (2020): Belarus, $219M
Top Product (2020): Pig iron, non-alloy, <0.5% phosphorus, $428M
In 2020 the top export destinations of Orenburg Region were Belarus ($219M), United States ($212M), Italy ($192M), Kazakhstan ($186M), and Uzbekistan ($155M).
In 2020 the top exports of Orenburg Region were Pig iron, non-alloy, <0.5% phosphorus ($428M), Petroleum oils, oils from bituminous minerals,... ($257M), Light petroleum distillates nes ($219M), Petroleum spirit for motor vehicles ($141M), and Asbestos: other than crocidolite (blue asbestos) ($70.3M).
Fastest Growing Exports Destination (Nov 2019 - Nov 2020)
Rapidly Declining Export Origins (Nov 2019 - Nov 2020)
Top Origin (2020): China, $41.3M
Top Import (2020): Copper mattes: cement copper (precipitated copper), $34.8M
In 2020 the top import origins of Orenburg Region were China ($41.3M), Kazakhstan ($37.7M), Chile ($34.7M), Germany ($22.3M), and Uzbekistan ($21.2M).
In 2020 the top imports of Orenburg Region were Copper mattes: cement copper (precipitated copper) ($34.8M), Furnaces/ovens non-electric for ores/pyrites/metals ($22.2M), Chromium ores and concentrates ($18.3M), Distilling or rectifying plant ($13.7M), and Polyethylene - specific gravity >0.94 in... ($10.1M).
Fastest Growing Import Origins (Nov 2019 - Nov 2020)
Rapidly Declining Import Origins (Nov 2019 - Nov 2020)
Orenburg Region ranks 42nd out of the 85 districts in Russia according to ECI.
Estimated using exports data.
The economic complexity of a territory can change year to year. Orenburg Region it is in position 42nd considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Orenburg Region already has a comparative advantage, are led by Petroleum Gas (0.071), Corn (0.066), Dried Legumes (0.065), Nitrogenous Fertilizers (0.064), and Raw Aluminium (0.063).
The highest complexity exports of Orenburg Region according to the product complexity index (PCI) are Ketones and Quinones (1.2), Harvesting Machinery (0.87), Other Large Iron Pipes (0.66), Stone Processing Machines (0.57), and Iron Railway Products (0.51). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The most specialized products according to the RCA index are led by Pig Iron (N/A), Other Metals (414), Linseed (77.5), Stranded Copper Wire (41.5), and Coal Tar Oil (28.8).
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 Orenburg 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.
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.
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