Republic Of Bashkortostan

Federal subject in VOLGA FEDERAL DISTRICT, district of Russia

2019
Economic
Complexity
: -0.091, Rank 24 of 64

Nov 2020
Trade
Exports | Imports
: $210M | $64.2M, 28 of 85 | 27 of 84

Nov 2020
Country
Destination | Origin
: China | China , $55M  | $11.9M

Nov 2020
Product
Exports | Imports
: Refined Petroleum | Chocolate , $47.5M  | $5.15M

Overview: This page contains the latest international trade data for REPUBLIC OF BASHKORTOSTAN, including export and import data.

Exports: In 2020, Russia's Republic Of Bashkortostan exported $2.22B, making it the 27th largest exporter out of the 85 exporters in Russia. In 2020 the top exports of Republic Of Bashkortostan were Turbo-jet engines of a thrust >... ($461M), Light petroleum distillates nes ($438M), Petroleum spirit for motor vehicles ($277M), Petroleum oils, oils from bituminous minerals,... ($91.8M), and Disodium carbonate ($57.9M).

Imports: In 2020, Russia's Republic Of Bashkortostan imported $554M, making it the 33rd largest importer out of the 85 importers in Russia. In 2020 top imports of Republic Of Bashkortostan were Blood, human or animal, antisera, other... ($28.1M), Combined refrigerator-freezers, two door ($22M), Beer made from malt ($18.9M), Plastic sheet, film, foil or strip,... ($11.6M), and Heterocyclic compounds: containing a quinoline or... ($11.4M).

Economic Complexity: In 2019, the highest complexity exports of Republic Of Bashkortostan according to the product complexity index (PCI) are Gas and Liquid Flow Measuring Instruments (1.43), Phenols (1.41), Iron Springs (1.06), Unsaturated Acyclic Monocarboxylic Acids (1.01), and Synthetic Rubber (0.95). 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 REPUBLIC OF BASHKORTOSTAN'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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Depth

Top Destination (2020): China, $462M

Top Product (2020): Turbo-jet engines of a thrust >..., $461M

In 2020 the top export destinations of Republic Of Bashkortostan were China ($462M), Kazakhstan ($223M), Latvia ($180M), Belarus ($166M), and Netherlands ($166M).

In 2020 the top exports of Republic Of Bashkortostan were Turbo-jet engines of a thrust >... ($461M), Light petroleum distillates nes ($438M), Petroleum spirit for motor vehicles ($277M), Petroleum oils, oils from bituminous minerals,... ($91.8M), and Disodium carbonate ($57.9M).

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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, $126M

Top Import (2020): Blood, human or animal, antisera, other..., $28.1M

In 2020 the top import origins of Republic Of Bashkortostan were China ($126M), Belarus ($80.1M), Germany ($58.7M), Italy ($27.6M), and Japan ($27.6M).

In 2020 the top imports of Republic Of Bashkortostan were Blood, human or animal, antisera, other... ($28.1M), Combined refrigerator-freezers, two door ($22M), Beer made from malt ($18.9M), Plastic sheet, film, foil or strip,... ($11.6M), and Heterocyclic compounds: containing a quinoline or... ($11.4M).

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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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Republic Of Bashkortostan ranks 24th 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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The economic complexity of a territory can change year to year. Republic Of Bashkortostan it is in position 24th 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 Republic Of Bashkortostan already has a comparative advantage, are led by Crude Petroleum (0.11), Petroleum Gas (0.1), Sulphur (0.092), Raw Aluminium (0.087), and Wheat (0.086).

Most Complex Products by PCI

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The highest complexity exports of Republic Of Bashkortostan according to the product complexity index (PCI) are Gas and Liquid Flow Measuring Instruments (1.43), Phenols (1.41), Iron Springs (1.06), Unsaturated Acyclic Monocarboxylic Acids (1.01), and Synthetic Rubber (0.95). 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 Carbonates (58.2), Asphalt (47.3), Linseed (36.6), Particle Board (30.3), and Unsaturated Acyclic Monocarboxylic Acids (25.4).

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 Republic Of Bashkortostan 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  Republic Of Bashkortostan. These are products that tend to be co-exported with the products that Republic Of Bashkortostan 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.