Republic Of Tatarstan

Federal subject in VOLGA FEDERAL DISTRICT, district of Russia

2019
Economic
Complexity
: -0.23, Rank 34 of 64

Nov 2020
Trade
Exports | Imports
: $537M | $374M, 11 of 85 | 10 of 84

Nov 2020
Country
Destination | Origin
: Belarus | Germany , $87M  | $98M

Nov 2020
Product
Exports | Imports
: Refined Petroleum | Vehicle Parts , $146M  | $81.1M

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

Exports: In 2020, Russia's Republic Of Tatarstan exported $7.07B, making it the 6th largest exporter out of the 85 exporters in Russia. In 2020 the top exports of Republic Of Tatarstan were Petroleum oils, oils from bituminous minerals,... ($2.12B), Light petroleum distillates nes ($2.11B), Petroleum spirit for motor vehicles ($505M), Halo-isobutene-isoprene rubber (CIIR/BIIR) ($208M), and Isoprene rubber (IR) ($206M).

Imports: In 2020, Russia's Republic Of Tatarstan imported $3B, making it the 9th largest importer out of the 85 importers in Russia. In 2020 top imports of Republic Of Tatarstan were Engines, diesel, for motor vehicles ($163M), Machinery for treatment by temperature change... ($160M), Parts and accessories of bodies nes... ($142M), Transmissions for motor vehicles ($110M), and Drive axles with differential for motor... ($105M).

Economic Complexity: In 2019, the highest complexity exports of Republic Of Tatarstan according to the product complexity index (PCI) are Phenols (1.41), Synthetic Rubber (0.95), Boiler Plants (0.94), Vehicle Bodies (0.91), and Styrene Polymers (0.87). 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 TATARSTAN'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): Netherlands, $999M

Top Product (2020): Petroleum oils, oils from bituminous minerals,..., $2.12B

In 2020 the top export destinations of Republic Of Tatarstan were Netherlands ($999M), Poland ($810M), Belarus ($518M), Germany ($510M), and Kazakhstan ($482M).

In 2020 the top exports of Republic Of Tatarstan were Petroleum oils, oils from bituminous minerals,... ($2.12B), Light petroleum distillates nes ($2.11B), Petroleum spirit for motor vehicles ($505M), Halo-isobutene-isoprene rubber (CIIR/BIIR) ($208M), and Isoprene rubber (IR) ($206M).

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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): Germany, $749M

Top Import (2020): Engines, diesel, for motor vehicles, $163M

In 2020 the top import origins of Republic Of Tatarstan were Germany ($749M), China ($472M), United States ($234M), Turkey ($185M), and Italy ($177M).

In 2020 the top imports of Republic Of Tatarstan were Engines, diesel, for motor vehicles ($163M), Machinery for treatment by temperature change... ($160M), Parts and accessories of bodies nes... ($142M), Transmissions for motor vehicles ($110M), and Drive axles with differential for motor... ($105M).

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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 Tatarstan ranks 34th 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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Scale

The economic complexity of a territory can change year to year. Republic Of Tatarstan it is in position 34th 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 Tatarstan already has a comparative advantage, are led by Petroleum Gas (0.077), Raw Aluminium (0.065), Asphalt Mixtures (0.059), Semi-Finished Iron (0.059), and Iron Ore (0.058).

Most Complex Products by PCI

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The highest complexity exports of Republic Of Tatarstan according to the product complexity index (PCI) are Phenols (1.41), Synthetic Rubber (0.95), Boiler Plants (0.94), Vehicle Bodies (0.91), and Styrene Polymers (0.87). 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 Synthetic Rubber (51.8), Vehicle Chassis (15.2), Carbon (11.3), Wood Fiberboard (9.3), and Nitrogenous Fertilizers (8.88).

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