Perm TerritoryFederal subject in VOLGA FEDERAL DISTRICT, district of Russia
2019 Economic Complexity: -0.018, Rank 16 of 64
Nov 2020 Trade Exports | Imports: $361M | $55.8M, 18 of 85 | 31 of 84
Nov 2020 Country Destination | Origin: Brazil | China , $66.8M | $12.9M
Nov 2020 Product Exports | Imports: Potassic Fertilizers | Cleaning Products , $136M | $4.03M
Overview: This page contains the latest international trade data for PERM TERRITORY, including export and import data.
Exports: In 2020, Russia's Perm Territory exported $3.83B, making it the 14th largest exporter out of the 85 exporters in Russia. In 2020 the top exports of Perm Territory were Potassium chloride, in packs >10 kg ($1.6B), Light petroleum distillates nes ($548M), Urea, including aqueous solution in packs... ($207M), Petroleum spirit for motor vehicles ($150M), and Newsprint ($98.7M).
Imports: In 2020, Russia's Perm Territory imported $694M, making it the 27th largest importer out of the 85 importers in Russia. In 2020 top imports of Perm Territory were Machinery for treatment by temperature change... ($90.4M), Washing and cleaning preparations, retail ($32.7M), Spirits obtained by distilling grape wine,... ($17.7M), Slag, ash and residues: (not from... ($16.7M), and Fluorspar, <97% calcium fluoride ($12.4M).
Economic Complexity: In 2019, the highest complexity exports of Perm Territory according to the product complexity index (PCI) are Acrylic Polymers (1.41), Liquid Pumps (1.39), Amino-resins (1.25), Magnesium (1.17), and Newsprint (1.13). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In November 2020 PERM TERRITORY exported $361M and imported $55.8M, resulting in a positive trade balance of $306M. Between November 2019 and November 2020 the exports of PERM TERRITORY have decreased by $-164M (-31.2%) from $525M to $361M, while imports decreased by $-31.5M (-36.1%) from $87.3M to $55.8M.
Trade: In November 2020, the top exports of PERM TERRITORY were Potassic Fertilizers ($136M), Refined Petroleum ($77.2M), Nitrogenous Fertilizers ($18.9M), Petroleum Gas ($12M), and Other Uncoated Paper ($8.08M). In November 2020 the top imports of PERM TERRITORY were Cleaning Products ($4.03M), Other Heating Machinery ($3.74M), Washing and Bottling Machines ($2.87M), Motor-working Tools ($1.39M), and Air Pumps ($1.34M).
Destinations: In November 2020, PERM TERRITORY exported mostly to Brazil ($66.8M), United States ($61.8M), China ($50.2M), Netherlands ($19M), and Kazakhstan ($15.8M), and imported mostly from China ($12.9M), Germany ($7.62M), Italy ($6.38M), Belarus ($4.52M), and Serbia ($3.48M).
Growth: In November 2020, the decrease in PERM TERRITORY's year-by-year exports was explained primarily by an decrease in exports to Netherlands ($-95.9M or -83.5%), South Korea ($-38M or -98.6%), and India ($-30.4M or -94.8%), and product exports decrease in Refined Petroleum ($-93.6M or -54.8%), Potassic Fertilizers ($-47.2M or -25.8%), and Newsprint ($-12.8M or -83.5%). In November 2020, the decrease in PERM TERRITORY's year-by-year imports was explained primarily by an decrease in imports from Germany ($-9.32M or -55%), China ($-6.83M or -34.6%), and Ukraine ($-3.64M or -78%), and product imports decrease in Other Heating Machinery ($-3.7M or -49.7%), Refrigerators ($-3.2M or -99.1%), and Drilling Machines ($-2.05M or -99.6%).
EXPORT GROWTH (November 2019 - November 2020): $-164M, (-31.2%)
IMPORT GROWTH (November 2019 - November 2020): $-31.5M, (-36.1%)
This section shows exports and imports data at subnational level for PERM TERRITORY. 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 PERM TERRITORY over time.
This section shows the differences between PERM TERRITORY's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Russia's country profile.
Top Destination (2020): Brazil, $545M
Top Product (2020): Potassium chloride, in packs >10 kg, $1.6B
In 2020 the top export destinations of Perm Territory were Brazil ($545M), China ($430M), United States ($224M), Netherlands ($220M), and India ($200M).
In 2020 the top exports of Perm Territory were Potassium chloride, in packs >10 kg ($1.6B), Light petroleum distillates nes ($548M), Urea, including aqueous solution in packs... ($207M), Petroleum spirit for motor vehicles ($150M), and Newsprint ($98.7M).
Fastest Growing Exports Destination (Nov 2019 - Nov 2020)
Rapidly Declining Export Origins (Nov 2019 - Nov 2020)
Top Origin (2020): China, $178M
Top Import (2020): Machinery for treatment by temperature change..., $90.4M
In 2020 the top import origins of Perm Territory were China ($178M), Germany ($82.2M), Belarus ($48.8M), Italy ($36.4M), and Kazakhstan ($31.2M).
In 2020 the top imports of Perm Territory were Machinery for treatment by temperature change... ($90.4M), Washing and cleaning preparations, retail ($32.7M), Spirits obtained by distilling grape wine,... ($17.7M), Slag, ash and residues: (not from... ($16.7M), and Fluorspar, <97% calcium fluoride ($12.4M).
Perm Territory ranks 16th 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. Perm Territory it is in position 16th considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Perm Territory already has a comparative advantage, are led by Aluminium Wire (0.078), Semi-Finished Iron (0.074), Ethylene Polymers (0.073), Railway Freight Cars (0.071), and Instructional Models (0.071).
The highest complexity exports of Perm Territory according to the product complexity index (PCI) are Acrylic Polymers (1.41), Liquid Pumps (1.39), Amino-resins (1.25), Magnesium (1.17), and Newsprint (1.13). 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 Potassic Fertilizers (437), Postage Stamps (93.2), Newsprint (50.8), Nitrogenous Fertilizers (39.7), and Rare-Earth Metal Compounds (34).
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 Perm Territory 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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