Primorye Territory

Federal subject in FAR EAST FEDERAL DISTRICT, district of Russia

2019
Economic
Complexity
: -0.88, Rank 60 of 64

Nov 2020
Trade
Exports | Imports
: $234M | $486M, 25 of 85 | 7 of 84

Nov 2020
Country
Destination | Origin
: China | China , $109M  | $253M

Nov 2020
Product
Exports | Imports
: Crustaceans | Vehicle Bodies , $46.1M  | $57.9M

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

Exports: In 2020, Russia's Primorye Territory exported $2.33B, making it the 26th largest exporter out of the 85 exporters in Russia. In 2020 the top exports of Primorye Territory were Fish: frozen, Alaska pollack (Theraga chalcogramma),... ($307M), Crustaceans; live, fresh or chilled, crabs,... ($216M), Crabs, frozen ($147M), Light petroleum distillates nes ($120M), and Diamonds (jewellery) worked but not mounted... ($110M).

Imports: In 2020, Russia's Primorye Territory imported $4.17B, making it the 6th largest importer out of the 85 importers in Russia. In 2020 top imports of Primorye Territory were Bodies for passenger carrying vehicles ($310M), Automatic data processing machines: portable, weighing... ($183M), Telephones for cellular networks or for... ($155M), Parts and accessories of data processing... ($140M), and Motor vehicle parts nes ($83.2M).

Economic Complexity: In 2019, the highest complexity exports of Primorye Territory according to the product complexity index (PCI) are Binoculars and Telescopes (0.6), Antifreeze (0.41), Rapeseed Oil (0.24), Wood Carpentry (0.15), and Coal Tar Oil (-0.086). 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 PRIMORYE 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): China, $1.09B

Top Product (2020): Fish: frozen, Alaska pollack (Theraga chalcogramma),..., $307M

In 2020 the top export destinations of Primorye Territory were China ($1.09B), South Korea ($668M), Japan ($211M), Belgium ($95.1M), and Romania ($41.7M).

In 2020 the top exports of Primorye Territory were Fish: frozen, Alaska pollack (Theraga chalcogramma),... ($307M), Crustaceans; live, fresh or chilled, crabs,... ($216M), Crabs, frozen ($147M), Light petroleum distillates nes ($120M), and Diamonds (jewellery) worked but not mounted... ($110M).

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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, $2.36B

Top Import (2020): Bodies for passenger carrying vehicles, $310M

In 2020 the top import origins of Primorye Territory were China ($2.36B), Japan ($777M), South Korea ($373M), Germany ($96.9M), and Taiwan ($70.3M).

In 2020 the top imports of Primorye Territory were Bodies for passenger carrying vehicles ($310M), Automatic data processing machines: portable, weighing... ($183M), Telephones for cellular networks or for... ($155M), Parts and accessories of data processing... ($140M), and Motor vehicle parts nes ($83.2M).

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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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Primorye Territory ranks 60th 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. Primorye Territory it is in position 60th 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 Primorye Territory already has a comparative advantage, are led by Petroleum Gas (0.055), Shaped Wood (0.054), Wood Charcoal (0.052), Bran (0.051), and Iron Ore (0.049).

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 (0.6), Antifreeze (0.41), Rapeseed Oil (0.24), Wood Carpentry (0.15), and Coal Tar Oil (-0.086). 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 (168), Veneer Sheets (73.6), Crustaceans (52.9), Rough Wood (47.1), and Molluscs (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 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 ​​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.