REPUBLIC OF TATARSTANFederal subject in VOLGA FEDERAL DISTRICT, district of Russia
2020 Economic Complexity : -0.14, Rank 26 of 61
Jan 2022 Trade Exports | Imports: $1.04B | $419M, 9 of 85 | 9 of 83
Jan 2022 Country Destination | Origin: Netherlands | Germany , $288M | $85.6M
Jan 2022 Product Exports | Imports: Light petroleum distillates nes | Machinery for treatment by temperature change nes , $433M | $25.9M
Overview This page contains the latest international trade data for REPUBLIC OF TATARSTAN. In January 2022 REPUBLIC OF TATARSTAN was the number 5 in total exports and the number 9 in total imports in Russia.
Exports In 2021, Russia's Republic Of Tatarstan exported $12B, making it the 5th largest exporter out of the 85 exporters in Russia. In 2021 the top exports of Republic Of Tatarstan were Petroleum oils, oils from bituminous minerals,... ($3.84B), Light petroleum distillates nes ($3.34B), Petroleum spirit for motor vehicles ($935M), Isoprene rubber (IR) ($336M), and Halo-isobutene-isoprene rubber (CIIR/BIIR) ($308M).
Imports In 2021, Russia's Republic Of Tatarstan imported $5.46B, making it the 9th largest importer out of the 85 importers in Russia. In 2021 top imports of Republic Of Tatarstan were Engines, diesel, for motor vehicles ($331M), Others parts and accessories of bodies... ($320M), Machinery for treatment by temperature change... ($237M), Transmissions for motor vehicles ($211M), and Drive axles with differential for motor... ($206M).
Economic Complexity In 2020, the highest complexity exports of Republic Of Tatarstan according to the product complexity index (PCI) are Synthetic Rubber (0.85), Motor vehicle (8701 to 8705) chassis... (0.73), Waxes (0.52), Carbon (0.46), and Wood Fiberboard (-0.034). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
January, 2022
Overview In January 2022 REPUBLIC OF TATARSTAN exported $1.04B and imported $419M, resulting in a positive trade balance of $625M. Between January 2021 and January 2022 the exports of REPUBLIC OF TATARSTAN have increased by $247M (31%) from $797M to $1.04B, while imports increased by $172M (69.3%) from $247M to $419M.
Trade In January 2022, the top exports of REPUBLIC OF TATARSTAN were Refined Petroleum ($530M), Crude Petroleum ($189M), Synthetic Rubber ($101M), Nitrogenous Fertilizers ($76.3M), and Ethylene Polymers ($16.9M). In January 2022 the top imports of REPUBLIC OF TATARSTAN were Motor vehicles; parts and accessories (8701... ($80.5M), Other Heating Machinery ($36.1M), Rubber ($21.6M), Combustion Engines ($19.4M), and Nitrogen Heterocyclic Compounds ($10.9M).
Destinations In January 2022, REPUBLIC OF TATARSTAN exported mostly to Netherlands ($288M), Poland ($194M), Finland ($94.8M), Kazakhstan ($48.7M), and Belarus ($38.6M), and imported mostly from Germany ($85.6M), China ($78.6M), Turkey ($34M), United States ($33.3M), and Italy ($18.3M).
Growth In January 2022, the increase in REPUBLIC OF TATARSTAN's year-by-year exports was explained primarily by an increase in exports to Poland ($85.8M or 80.2%), Belarus ($54M or 223%), and Slovakia ($35.4M or 141%), and product exports increase in Crude Petroleum ($50M or 18%), Synthetic Rubber ($10.9M or 14.8%), and Delivery Trucks ($5.87M or 260%). In January 2022, the increase in REPUBLIC OF TATARSTAN's year-by-year imports was explained primarily by an increase in imports from Germany ($26.4M or 96.2%), Turkey ($13.6M or 95.8%), and China ($12.9M or 41.6%), and product imports increase in Other Heating Machinery ($32.8M or 19.2k%), Motor vehicles; parts and accessories (8701... ($20.7M or 74.2%), and Combustion Engines ($4.8M or 85.4%).
EXPORT GROWTH (January 2021 - January 2022): $247M, (31%)
IMPORT GROWTH (January 2021 - January 2022): $172M, (69.3%)
This section shows exports and imports data at subnational level for REPUBLIC OF TATARSTAN. 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 TATARSTAN over time.
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Top Destination (2021): Poland, $2.6B
Top Product (2021): Petroleum oils, oils from bituminous minerals,..., $3.84B
In 2021 the top export destinations of Republic Of Tatarstan were Poland ($2.6B), Netherlands ($1.8B), Germany ($714M), Slovakia ($667M), and Belarus ($633M).
In 2021 the top exports of Republic Of Tatarstan were Petroleum oils, oils from bituminous minerals,... ($3.84B), Light petroleum distillates nes ($3.34B), Petroleum spirit for motor vehicles ($935M), Isoprene rubber (IR) ($336M), and Halo-isobutene-isoprene rubber (CIIR/BIIR) ($308M).
Top Origin (2021): Germany, $1.51B
Top Import (2021): Engines, diesel, for motor vehicles, $331M
In 2021 the top import origins of Republic Of Tatarstan were Germany ($1.51B), China ($862M), United States ($456M), Turkey ($342M), and Italy ($272M).
In 2021 the top imports of Republic Of Tatarstan were Engines, diesel, for motor vehicles ($331M), Others parts and accessories of bodies... ($320M), Machinery for treatment by temperature change... ($237M), Transmissions for motor vehicles ($211M), and Drive axles with differential for motor... ($206M).
Fastest Growing Import Origins (Jan 2021 - Jan 2022)
Rapidly Declining Import Origins (Jan 2021 - Jan 2022)
Economic Complexity (2021): -0.14
Republic Of Tatarstan ranks 26th out of the 85 districts in Russia according to ECI.
The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.
Estimated using exports data.
The economic complexity of a territory can change year to year. Republic Of Tatarstan it is in position 26th considering its ECI in the last year.
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 (0.085), Acyclic Alcohols (0.076), Raw Aluminium (0.074), Dried Legumes (0.07), and Asphalt Mixtures (0.07).
The highest complexity exports of Republic Of Tatarstan according to the product complexity index (PCI) are Synthetic Rubber (0.85), Motor vehicle (8701 to 8705) chassis... (0.73), Waxes (0.52), Carbon (0.46), and Wood Fiberboard (-0.034). 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 Synthetic Rubber (64.8), Seed Oils (23.9), Waxes (16.5), Wood Fiberboard (16.2), and Nitrogenous Fertilizers (12.7).
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.
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. Bubble size corresponds to exports value by year 2020.
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