Republic Of BashkortostanFederal subject in VOLGA FEDERAL DISTRICT, district of Russia
Exports (2019): $4.05B, Rnk 20/85
Top Destination (2019): $743M, Latvia
Top Export (2019): $1.33B, Light petroleum distillates nes
Imports (2019): $720M, Rnk 31/85
Top Origin (2019): $188M, China
Top Import (2019): $37.1M, Machinery for liquefying air or other...
Economic Complexity (2019): -0.023, Rnk 17 / 85
Overview: This page contains the latest international trade data for REPUBLIC OF BASHKORTOSTAN, including export and import data.
Exports: In 2019, Russia's Republic Of Bashkortostan exported $4.05B, making it the 20th largest exporter out of the 85 exporters in Russia. In 2019 the top exports of Republic Of Bashkortostan were Light petroleum distillates nes ($1.33B), Turbo-jet engines of a thrust >... ($706M), Petroleum spirit for motor vehicles ($453M), Petroleum oils, oils from bituminous minerals,... ($201M), and Styrene ($100M).
Imports: In 2019, Russia's Republic Of Bashkortostan imported $720M, making it the 31st largest importer out of the 85 importers in Russia. In 2019 top imports of Republic Of Bashkortostan were Machinery for liquefying air or other... ($37.1M), Surveying, etc instruments nes ($35.5M), Combined refrigerator-freezers, two door ($26.8M), Taps, cocks, valves and similar appliances,... ($23.9M), and Blood, human or animal, antisera, other... ($20.7M).
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 (1.4), Phenols (1.35), Synthetic Rubber (1.14), Iron Springs (1.12), and Unsaturated Acyclic Monocarboxylic Acids (1.05). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Top Destination (2019): Latvia, $743M
Top Product (2019): Light petroleum distillates nes, $1.33B
In 2019 the top export destinations of Republic Of Bashkortostan were Latvia ($743M), China ($606M), Kazakhstan ($315M), Belarus ($308M), and Malta ($284M).
In 2019 the top exports of Republic Of Bashkortostan were Light petroleum distillates nes ($1.33B), Turbo-jet engines of a thrust >... ($706M), Petroleum spirit for motor vehicles ($453M), Petroleum oils, oils from bituminous minerals,... ($201M), and Styrene ($100M).
Top Origin (2019): China, $188M
Top Import (2019): Machinery for liquefying air or other..., $37.1M
In 2019 the top import origins of Republic Of Bashkortostan were China ($188M), Belarus ($78.9M), Germany ($66.8M), United States ($61.2M), and Italy ($46.7M).
In 2019 the top imports of Republic Of Bashkortostan were Machinery for liquefying air or other... ($37.1M), Surveying, etc instruments nes ($35.5M), Combined refrigerator-freezers, two door ($26.8M), Taps, cocks, valves and similar appliances,... ($23.9M), and Blood, human or animal, antisera, other... ($20.7M).
Fastest Growing Import Origins (June 2019 - June 2020)
Rapidly Declining Import Origins (June 2019 - June 2020)
This section shows differences between total trade from REPUBLIC OF BASHKORTOSTAN throughout time.
This section shows forecasts for total exports and imports from REPUBLIC OF BASHKORTOSTAN. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.
Republic Of Bashkortostan ranks 17th out of the 85 federal subjects in Russia according to ECI.
Estimated using exports data.
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 Petroleum Gas (0.11), Iron Reductions (0.1), Sulphur (0.098), Iron Ore (0.096), and Raw Aluminium (0.094).
The highest complexity exports of Republic Of Bashkortostan according to the product complexity index (PCI) are Gas and Liquid Flow Measuring Instruments (1.4), Phenols (1.35), Synthetic Rubber (1.14), Iron Springs (1.12), and Unsaturated Acyclic Monocarboxylic Acids (1.05). 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 Carbonates (59.5), Asphalt (45.6), Linseed (33.8), Particle Board (29.1), and Unsaturated Acyclic Monocarboxylic Acids (25.8).
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.
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.
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