PERM TERRITORYFederal subject in VOLGA FEDERAL DISTRICT, district of Russia
2021 Economic Complexity : -0.013, Rank 14 of 61
Jan 2022 Trade Exports | Imports: $895M | $70.3M, 10 of 85 | 32 of 83
Jan 2022 Country Destination | Origin: Brazil | China , $194M | $34M
Jan 2022 Product Exports | Imports: Potassium chloride, in packs >10 kg | Chemical products, mixtures and preparations; Others in heading..., $446M | $6.89M
Overview This page contains the latest international trade data for PERM TERRITORY. In January 2022 PERM TERRITORY was the number 13 in total exports and the number 32 in total imports in Russia.
Exports In 2021, Russia's Perm Territory exported $895M, making it the 13th largest exporter out of the 85 exporters in Russia. In 2021 the top exports of Perm Territory were Potassium chloride, in packs >10 kg ($3.24B), Light petroleum distillates nes ($1.68B), Petroleum spirit for motor vehicles ($456M), Urea, including aqueous solution in packs... ($303M), and Methyl alcohol ($142M).
Imports In 2021, Russia's Perm Territory imported $70.3M, making it the 32nd largest importer out of the 85 importers in Russia. In 2021 top imports of Perm Territory were Titanium ores and concentrates ($53.9M), Washing and cleaning preparations, retail ($23.9M), Printing machinery: offset, n.e.c. in item... ($19.6M), Spirits obtained by distilling grape wine,... ($15.6M), and Hot, or combination hot-cold metal rolling... ($14.6M).
Economic Complexity In 2021, the highest complexity exports of Perm Territory according to the product complexity index (PCI) are Magnesium (0.9), Newsprint (0.87), Coke (-0.53), Plywood (-0.78), Potassic Fertilizers (-0.79), Documents of title (bonds etc) and... (-0.88), Nitrogenous Fertilizers (-1.26), Ammonia (-1.39), Rare-Earth Metal Compounds (undefined), and Nitrites and Nitrates (undefined). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
January, 2022
Overview In January 2022 PERM TERRITORY exported $895M and imported $70.3M, resulting in a positive trade balance of $824M. Between January 2021 and January 2022 the exports of PERM TERRITORY have increased by $501M (127%) from $394M to $895M, while imports increased by $32.2M (84.2%) from $38.2M to $70.3M.
Trade In January 2022, the top exports of PERM TERRITORY were Potassic Fertilizers ($446M), Refined Petroleum ($205M), Nitrogenous Fertilizers ($70.5M), Petroleum Gas ($23.1M), and Coke ($17M). In January 2022 the top imports of PERM TERRITORY were Prepr binder for foundry ($6.93M), Titanium Ore ($4.74M), Motor-working Tools ($2.76M), Hard Liquor ($2.49M), and Reaction and Catalytic Products ($1.79M).
Destinations In January 2022, PERM TERRITORY exported mostly to Brazil ($194M), United Kingdom ($99.4M), United States ($77.1M), China ($61.3M), and France ($46.8M), and imported mostly from China ($34M), Vietnam ($4.87M), Belarus ($3.42M), Kazakhstan ($3.23M), and Germany ($3.17M).
Growth In January 2022, the increase in PERM TERRITORY's year-by-year exports was explained primarily by an increase in exports to Indonesia ($34M or 67.5k%), Estonia ($28.8M or 405%), and Brazil ($27.7M or 202%), and product exports increase in Potassic Fertilizers ($168M or 643%), Acyclic Alcohols ($17M or 855%), and Other Uncoated Paper ($4.19M or 3.13k%). In January 2022, the increase in PERM TERRITORY's year-by-year imports was explained primarily by an increase in imports from Italy ($1.87M or 163%), Mongolia ($781k or 84.7%), and Serbia ($763k or 187%), and product imports increase in Feldspar ($1.08M or 117%), Enzymes ($583k or 240%), and Refractory Cements ($529k or 322%).
EXPORT GROWTH (January 2021 - January 2022): $501M, (127%)
IMPORT GROWTH (January 2021 - January 2022): $32.2M, (84.2%)
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.
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Top Destination (2021): Brazil, $1.22B
Top Product (2021): Potassium chloride, in packs >10 kg, $3.24B
In 2021 the top export destinations of Perm Territory were Brazil ($1.22B), Netherlands ($1B), China ($902M), France ($546M), and United States ($495M).
In 2021 the top exports of Perm Territory were Potassium chloride, in packs >10 kg ($3.24B), Light petroleum distillates nes ($1.68B), Petroleum spirit for motor vehicles ($456M), Urea, including aqueous solution in packs... ($303M), and Methyl alcohol ($142M).
Fastest Growing Exports Destination (Jan 2021 - Jan 2022)
Top Origin (2021): China, $262M
Top Import (2021): Titanium ores and concentrates, $53.9M
In 2021 the top import origins of Perm Territory were China ($262M), Germany ($100M), Belarus ($58.9M), Kazakhstan ($48.4M), and Italy ($38M).
In 2021 the top imports of Perm Territory were Titanium ores and concentrates ($53.9M), Washing and cleaning preparations, retail ($23.9M), Printing machinery: offset, n.e.c. in item... ($19.6M), Spirits obtained by distilling grape wine,... ($15.6M), and Hot, or combination hot-cold metal rolling... ($14.6M).
Economic Complexity (2021): -0.013
Perm Territory ranks 14th out of the 85 districts in Russia according to ECI.
The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.
Estimated using exports data.
The economic complexity of a territory can change year to year. Perm Territory it is in position 14th 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 Ethylene Polymers (0.066), Pig Iron (0.065), Propylene Polymers (0.061), Cyclic Hydrocarbons (0.059), and Ethers (0.059).
The highest complexity exports of Perm Territory according to the product complexity index (PCI) are Magnesium (0.9), Newsprint (0.87), Coke (-0.53), Plywood (-0.78), Potassic Fertilizers (-0.79), Documents of title (bonds etc) and... (-0.88), Nitrogenous Fertilizers (-1.26), Ammonia (-1.39), Rare-Earth Metal Compounds (undefined), and Nitrites and Nitrates (undefined). 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 (448.9), Documents of title (bonds etc) and... (51.4), Magnesium (38.6), Nitrogenous Fertilizers (32.6), and Ammonia (30.3).
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.
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. Bubble size corresponds to exports value by year 2020.
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