Republic Of MordoviaFederal subject in VOLGA FEDERAL DISTRICT, district of Russia
2019 Economic Complexity: -0.2, Rank 29 of 64
Nov 2020 Trade Exports | Imports: $24.4M | $11.5M, 68 of 85 | 65 of 84
Nov 2020 Country Destination | Origin: Guinea | China , $3.51M | $4.26M
Nov 2020 Product Exports | Imports: Railway Freight Cars | Semiconductor Devices , $4.73M | $2.19M
Overview: This page contains the latest international trade data for REPUBLIC OF MORDOVIA, including export and import data.
Exports: In 2020, Russia's Republic Of Mordovia exported $214M, making it the 67th largest exporter out of the 85 exporters in Russia. In 2020 the top exports of Republic Of Mordovia were Plywood; with sheets of wood only;... ($33.5M), Chemical element/compound wafers doped for electronic ($31.9M), Aluminium unwrought, alloyed ($15.7M), Railway tank cars ($13.5M), and Waste or scrap, of stainless steel ($9.66M).
Imports: In 2020, Russia's Republic Of Mordovia imported $178M, making it the 61st largest importer out of the 85 importers in Russia. In 2020 top imports of Republic Of Mordovia were Photosensitive/photovoltaic/LED semiconductor devices ($65.7M), Railway & tramway axles, wheels and... ($15.2M), Silicon, >99.99% pure ($8.13M), Glass tubes, unworked ($5.14M), and Dryers for wood, paper pulp, paper... ($5.01M).
Economic Complexity: In 2019, the highest complexity exports of Republic Of Mordovia according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.2), Electric Soldering Equipment (1.72), Motor-working Tools (1.55), Electric Filament (1.01), and Rubber Sheets (1). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In November 2020 REPUBLIC OF MORDOVIA exported $24.4M and imported $11.5M, resulting in a positive trade balance of $12.9M. Between November 2019 and November 2020 the exports of REPUBLIC OF MORDOVIA have increased by $2.27M (10.3%) from $22.1M to $24.4M, while imports increased by $511k (4.66%) from $11M to $11.5M.
Trade: In November 2020, the top exports of REPUBLIC OF MORDOVIA were Railway Freight Cars ($4.73M), Plywood ($3.46M), Raw Aluminium ($2.08M), Disc Chemicals for Electronics ($2.04M), and Corn ($1.5M). In November 2020 the top imports of REPUBLIC OF MORDOVIA were Semiconductor Devices ($2.19M), Locomotive Parts ($1.88M), Stone Processing Machines ($838k), Hydrogen ($786k), and Scrap Copper ($628k).
Destinations: In November 2020, REPUBLIC OF MORDOVIA exported mostly to Guinea ($3.51M), Kazakhstan ($3.46M), Unknown ($2.1M), China ($2.04M), and Japan ($1.76M), and imported mostly from China ($4.26M), Germany ($1.26M), Kyrgyzstan ($812k), United States ($788k), and Ukraine ($758k).
Growth: In November 2020, the increase in REPUBLIC OF MORDOVIA's year-by-year exports was explained primarily by an increase in exports to Japan ($1.54M or 730%), China ($785k or 62.4%), and India ($387k or 329%), and product exports increase in Disc Chemicals for Electronics ($834k or 69%), Railway Freight Cars ($652k or 16%), and Scrap Iron ($249k or 27.4%). In November 2020, the increase in REPUBLIC OF MORDOVIA's year-by-year imports was explained primarily by an increase in imports from China ($2.91M or 214%), Germany ($517k or 69.7%), and United States ($411k or 109%), and product imports increase in Semiconductor Devices ($2.06M or 1.64k%), Rubberworking Machinery ($365k or 47.1k%), and Industrial Food Preperation Machinery ($182k or 422%).
EXPORT GROWTH (November 2019 - November 2020): $2.27M, (10.3%)
IMPORT GROWTH (November 2019 - November 2020): $511k, (4.66%)
This section shows exports and imports data at subnational level for REPUBLIC OF MORDOVIA. 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 REPUBLIC OF MORDOVIA over time.
This section shows the differences between REPUBLIC OF MORDOVIA's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Russia's country profile.
Top Destination (2020): Kazakhstan, $39.7M
Top Product (2020): Plywood; with sheets of wood only;..., $33.5M
In 2020 the top export destinations of Republic Of Mordovia were Kazakhstan ($39.7M), China ($32M), Belarus ($31.2M), Ukraine ($14M), and United States ($10.9M).
In 2020 the top exports of Republic Of Mordovia were Plywood; with sheets of wood only;... ($33.5M), Chemical element/compound wafers doped for electronic ($31.9M), Aluminium unwrought, alloyed ($15.7M), Railway tank cars ($13.5M), and Waste or scrap, of stainless steel ($9.66M).
Top Origin (2020): China, $85.4M
Top Import (2020): Photosensitive/photovoltaic/LED semiconductor devices, $65.7M
In 2020 the top import origins of Republic Of Mordovia were China ($85.4M), Ukraine ($13.6M), Germany ($12.5M), Japan ($8.67M), and Netherlands ($8.14M).
In 2020 the top imports of Republic Of Mordovia were Photosensitive/photovoltaic/LED semiconductor devices ($65.7M), Railway & tramway axles, wheels and... ($15.2M), Silicon, >99.99% pure ($8.13M), Glass tubes, unworked ($5.14M), and Dryers for wood, paper pulp, paper... ($5.01M).
Republic Of Mordovia ranks 29th out of the 85 districts in Russia according to ECI.
Estimated using exports data.
The economic complexity of a territory can change year to year. Republic Of Mordovia it is in position 29th considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Republic Of Mordovia already has a comparative advantage, are led by Seats (0.073), Other Vegetable Residues (0.073), Metal Stoppers (0.072), Wood Crates (0.072), and Sunflower Seeds (0.072).
The highest complexity exports of Republic Of Mordovia according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.2), Electric Soldering Equipment (1.72), Motor-working Tools (1.55), Electric Filament (1.01), and Rubber Sheets (1). 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 Railway Freight Cars (922), Aluminium Wire (230), Plywood (176), Disc Chemicals for Electronics (109), and Asbestos Cement Articles (109).
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 Mordovia 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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