Perm Territory

Federal subject in VOLGA FEDERAL DISTRICT, district of Russia

Exports (2019): $5.39B, Rnk 14/85

Top Destination (2019): $872M, Brazil

Top Export (2019): $2.09B, Potassium chloride, in packs >10 kg

Imports (2019): $1.09B, Rnk 24/85

Top Origin (2019): $228M, China

Top Import (2019): $208M, Machinery for treatment by temperature change...

Economic Complexity (2019): -0.028, Rnk 18 / 85

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

Exports: In 2019, Russia's Perm Territory exported $5.39B, making it the 14th largest exporter out of the 85 exporters in Russia. In 2019 the top exports of Perm Territory were Potassium chloride, in packs >10 kg ($2.09B), Light petroleum distillates nes ($962M), Petroleum spirit for motor vehicles ($394M), Urea, including aqueous solution in packs... ($170M), and Newsprint ($137M).

Imports: In 2019, Russia's Perm Territory imported $1.09B, making it the 24th largest importer out of the 85 importers in Russia. In 2019 top imports of Perm Territory were Machinery for treatment by temperature change... ($208M), Machinery for making paper or paperboard ($122M), Titanium ores and concentrates ($30.7M), Slag, ash and residues: (not from... ($29.9M), and Spirits obtained by distilling grape wine,... ($16.3M).

Economic Complexity: In 2019, the highest complexity exports of Perm Territory according to the product complexity index (PCI) are Acrylic Polymers (1.61), Liquid Pumps (1.38), Newsprint (1.27), Iron Springs (1.12), and Other Engines (1.07). 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): Brazil, $872M

Top Product (2019): Potassium chloride, in packs >10 kg, $2.09B

In 2019 the top export destinations of Perm Territory were Brazil ($872M), China ($627M), Netherlands ($578M), Belgium ($292M), and United States ($272M).

In 2019 the top exports of Perm Territory were Potassium chloride, in packs >10 kg ($2.09B), Light petroleum distillates nes ($962M), Petroleum spirit for motor vehicles ($394M), Urea, including aqueous solution in packs... ($170M), and Newsprint ($137M).

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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, $228M

Top Import (2019): Machinery for treatment by temperature change..., $208M

In 2019 the top import origins of Perm Territory were China ($228M), Italy ($125M), Germany ($120M), Austria ($96.2M), and Belarus ($64M).

In 2019 the top imports of Perm Territory were Machinery for treatment by temperature change... ($208M), Machinery for making paper or paperboard ($122M), Titanium ores and concentrates ($30.7M), Slag, ash and residues: (not from... ($29.9M), and Spirits obtained by distilling grape wine,... ($16.3M).

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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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This section shows differences between total trade from PERM TERRITORY throughout time.

This section shows forecasts for total exports and imports from PERM TERRITORY. 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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Perm Territory ranks 18th 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 Perm Territory already has a comparative advantage, are led by Aluminium Wire (0.079), Semi-Finished Iron (0.077), Railway Freight Cars (0.076), Ethylene Polymers (0.075), and Rough Wood (0.072).

Most Complex Products by PCI

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The highest complexity exports of Perm Territory according to the product complexity index (PCI) are Acrylic Polymers (1.61), Liquid Pumps (1.38), Newsprint (1.27), Iron Springs (1.12), and Other Engines (1.07). 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 Potassic Fertilizers (471), Postage Stamps (105), Newsprint (52.3), Nitrogenous Fertilizers (40.6), and Rare-Earth Metal Compounds (33.3).

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.

Relatedness Space

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This network shows the products most related to the production structure of  Perm Territory. These are products that tend to be co-exported with the products that Perm Territory exports. Higher relatedness values โ€‹โ€‹indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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Depth
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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.