Republic Of Mordovia

Federal subject in VOLGA FEDERAL DISTRICT, district of Russia

Exports (2019): $258M, Rnk 66/85

Top Destination (2019): $72.6M, Kazakhstan

Top Export (2019): $37.9M, Plywood; with sheets of wood only;...

Imports (2019): $168M, Rnk 62/85

Top Origin (2019): $67.4M, China

Top Import (2019): $46.4M, Photosensitive/photovoltaic/LED semiconductor devices

Economic Complexity (2019): 0.093, Rnk 9 / 85

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

Exports: In 2019, Russia's Republic Of Mordovia exported $258M, making it the 66th largest exporter out of the 85 exporters in Russia. In 2019 the top exports of Republic Of Mordovia were Plywood; with sheets of wood only;... ($37.9M), Railway tank cars ($28.9M), Aluminium unwrought, alloyed ($24.3M), Chemical element/compound wafers doped for electronic ($22M), and Railway cars nes, open, with sides... ($19.3M).

Imports: In 2019, Russia's Republic Of Mordovia imported $168M, making it the 62nd largest importer out of the 85 importers in Russia. In 2019 top imports of Republic Of Mordovia were Photosensitive/photovoltaic/LED semiconductor devices ($46.4M), Railway & tramway axles, wheels and... ($9.08M), Silicon, >99.99% pure ($9.02M), Copper/copper alloy waste or scrap ($7.79M), and Glass tubes, unworked ($7.61M).

Economic Complexity: In 2019, the highest complexity exports of Republic Of Mordovia according to the product complexity index (PCI) are Railway Freight Cars (0.032), Aluminium Wire (-0.59), Plywood (-0.85), Asbestos Cement Articles (N/A), and Disc Chemicals for Electronics (2.25). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Value
Depth
Year

Top Destination (2019): Kazakhstan, $72.6M

Top Product (2019): Plywood; with sheets of wood only;..., $37.9M

In 2019 the top export destinations of Republic Of Mordovia were Kazakhstan ($72.6M), Belarus ($39.7M), China ($22.7M), Cyprus ($14.6M), and Ukraine ($13.5M).

In 2019 the top exports of Republic Of Mordovia were Plywood; with sheets of wood only;... ($37.9M), Railway tank cars ($28.9M), Aluminium unwrought, alloyed ($24.3M), Chemical element/compound wafers doped for electronic ($22M), and Railway cars nes, open, with sides... ($19.3M).

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Export Dynamics

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Fastest Growing Exports Destination (June 2019 - June 2020)

Rapidly Declining Export Origins (June 2019 - June 2020)

Yearly Imports

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Depth
Year

Top Origin (2019): China, $67.4M

Top Import (2019): Photosensitive/photovoltaic/LED semiconductor devices, $46.4M

In 2019 the top import origins of Republic Of Mordovia were China ($67.4M), Germany ($12.9M), Ukraine ($11.4M), Japan ($9.77M), and Italy ($8.78M).

In 2019 the top imports of Republic Of Mordovia were Photosensitive/photovoltaic/LED semiconductor devices ($46.4M), Railway & tramway axles, wheels and... ($9.08M), Silicon, >99.99% pure ($9.02M), Copper/copper alloy waste or scrap ($7.79M), and Glass tubes, unworked ($7.61M).

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Import Dynamics

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Fastest Growing Import Origins (June 2019 - June 2020)

Rapidly Declining Import Origins (June 2019 - June 2020)

Comparison in Time

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Flow
Value

This section shows differences between total trade from REPUBLIC OF MORDOVIA throughout time.

This section shows forecasts for total exports and imports from REPUBLIC OF MORDOVIA. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

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Economic Complexity

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Economic Complexity of Russia

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Republic Of Mordovia ranks 9th out of the 85 federal subjects in Russia according to ECI.

Estimated using exports data.

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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 Mordovia already has a comparative advantage, are led by Sunflower Seeds (0.075), Seats (0.074), Wood Crates (0.073), Metal Stoppers (0.073), and Other Wood Articles (0.073).

Most Complex Products by PCI

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The highest complexity exports of Republic Of Mordovia according to the product complexity index (PCI) are Railway Freight Cars (0.032), Aluminium Wire (-0.59), Plywood (-0.85), Asbestos Cement Articles (N/A), and Disc Chemicals for Electronics (2.25). 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 Railway Freight Cars (N/A), Aluminium Wire (228), Plywood (172), Asbestos Cement Articles (109), and Disc Chemicals for Electronics (104).

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

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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

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Depth
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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.