Perm Territory

Federal 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.

Comparison in Time

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Flow
Value
Reference Period

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.

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Yearly Exports

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Value
Depth

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).

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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, $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).

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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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Perm Territory ranks 16th 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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Scale

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.

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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 (0.078), Semi-Finished Iron (0.074), Ethylene Polymers (0.073), Railway Freight Cars (0.071), and Instructional Models (0.071).

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 (1.41), 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.

Most Specialized Products by RCA Index

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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.

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 ​​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.