Orenburg Region

Federal 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.

Comparison in Time

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Value
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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.

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Yearly Exports

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Depth

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).

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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, $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).

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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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Orenburg Region ranks 42nd 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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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.

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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 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).

Most Complex Products by PCI

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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.

Most Specialized Products by RCA Index

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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.

Relatedness Space

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This network shows the products most related to the production structure of  Orenburg Region. These are products that tend to be co-exported with the products that Orenburg 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.