Primorye Territory

Federal subject in FAR EAST FEDERAL DISTRICT, district of Russia

Exports (2019): $3.78B, Rnk 22/85

Top Destination (2019): $1.35B, China

Top Export (2019): $816M, Commodities not specified according to kind

Imports (2019): $4.96B, Rnk 6/85

Top Origin (2019): $2.69B, China

Top Import (2019): $453M, Bodies for passenger carrying vehicles

Economic Complexity (2019): -0.93, Rnk 59 / 85

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

Exports: In 2019, Russia's Primorye Territory exported $3.78B, making it the 22nd largest exporter out of the 85 exporters in Russia. In 2019 the top exports of Primorye Territory were Commodities not specified according to kind ($816M), Fish: frozen, Alaska pollack (Theraga chalcogramma),... ($462M), Light petroleum distillates nes ($390M), Coal tar distillation products nes ($147M), and Crustaceans; live, fresh or chilled, crabs,... ($143M).

Imports: In 2019, Russia's Primorye Territory imported $4.96B, making it the 6th largest importer out of the 85 importers in Russia. In 2019 top imports of Primorye Territory were Bodies for passenger carrying vehicles ($453M), Automatic data processing machines: portable, weighing... ($241M), Telephones for cellular networks or for... ($174M), Wheels including parts/accessories for motor vehicles ($109M), and Engines, spark-ignition reciprocating, over 1000 cc ($100M).

Economic Complexity: In 2019, the highest complexity exports of Primorye Territory according to the product complexity index (PCI) are Binoculars and Telescopes (0.94), Antifreeze (0.42), Rapeseed Oil (0.32), Fuel Wood (-0.019), and Wood Carpentry (-0.037). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Year

Top Destination (2019): China, $1.35B

Top Product (2019): Commodities not specified according to kind, $816M

In 2019 the top export destinations of Primorye Territory were China ($1.35B), Egypt ($817M), South Korea ($772M), Japan ($261M), and Belgium ($131M).

In 2019 the top exports of Primorye Territory were Commodities not specified according to kind ($816M), Fish: frozen, Alaska pollack (Theraga chalcogramma),... ($462M), Light petroleum distillates nes ($390M), Coal tar distillation products nes ($147M), and Crustaceans; live, fresh or chilled, crabs,... ($143M).

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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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Depth
Year

Top Origin (2019): China, $2.69B

Top Import (2019): Bodies for passenger carrying vehicles, $453M

In 2019 the top import origins of Primorye Territory were China ($2.69B), Japan ($1.09B), South Korea ($472M), Brazil ($77.3M), and Taiwan ($48.2M).

In 2019 the top imports of Primorye Territory were Bodies for passenger carrying vehicles ($453M), Automatic data processing machines: portable, weighing... ($241M), Telephones for cellular networks or for... ($174M), Wheels including parts/accessories for motor vehicles ($109M), and Engines, spark-ignition reciprocating, over 1000 cc ($100M).

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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 PRIMORYE TERRITORY throughout time.

This section shows forecasts for total exports and imports from PRIMORYE 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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Primorye Territory ranks 59th 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 Primorye Territory already has a comparative advantage, are led by Petroleum Gas (0.057), Shaped Wood (0.055), Iron Ore (0.055), Bran (0.051), and Wood Charcoal (0.05).

Most Complex Products by PCI

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The highest complexity exports of Primorye Territory according to the product complexity index (PCI) are Binoculars and Telescopes (0.94), Antifreeze (0.42), Rapeseed Oil (0.32), Fuel Wood (-0.019), and Wood Carpentry (-0.037). 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 Non-fillet Frozen Fish (171), Veneer Sheets (72.6), Crustaceans (51.7), Rough Wood (45.7), and Molluscs (27.4).

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 Primorye 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  Primorye Territory. These are products that tend to be co-exported with the products that Primorye 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.