Republic Of Mordovia

Federal 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.

Comparison in Time

#permalink to section
Flow
Value
Reference Period

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.

Visit Country Profile

Yearly Exports

#permalink to section
Value
Depth

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).

Explore Visualizations

Exports Dynamics

#permalink to section

Fastest Growing Exports Destination (Nov 2019 - Nov 2020)

Rapidly Declining Export Origins (Nov 2019 - Nov 2020)

Yearly Imports

#permalink to section
Value
Depth

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).

Explore Visualizations

Imports Dynamics

#permalink to section

Fastest Growing Import Origins (Nov 2019 - Nov 2020)

Rapidly Declining Import Origins (Nov 2019 - Nov 2020)

Economic Complexity

#permalink to section

Economic Complexity of Russia

#permalink to section

Republic Of Mordovia ranks 29th out of the 85 districts in Russia according to ECI.

Estimated using exports data.

Discover Economic Complexity

Economic Complexity Ranking

#permalink to section
Scale

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.

Discover Economic Complexity

Export Opportunities by Relatedness

#permalink to section

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).

Most Complex Products by PCI

#permalink to section

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.

Most Specialized Products by RCA Index

#permalink to section

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.

Relatedness Space

#permalink to section

This network shows the products most related to the production structure of  Republic Of Mordovia. These are products that tend to be co-exported with the products that Republic Of Mordovia exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

#permalink to section
Depth
Filter

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.