SAKHALIN REGIONFederal subject in FAR EAST FEDERAL DISTRICT, district of Russia
2020 Economic Complexity : -1.2, Rank 60 of 61
Jan 2022 Trade Exports | Imports: $1.41B | $38.3M, 4 of 85 | 44 of 83
Jan 2022 Country Destination | Origin: South Korea | France , $755M | $10.8M
Jan 2022 Product Exports | Imports: Petroleum oils, oils from bituminous minerals, crude | Continuous action goods conveyor or elevator belt typ..., $677M | $9.55M
Overview This page contains the latest international trade data for SAKHALIN REGION. In January 2022 SAKHALIN REGION was the number 6 in total exports and the number 51 in total imports in Russia.
Exports In 2021, Russia's Sakhalin Region exported $11.5B, making it the 6th largest exporter out of the 85 exporters in Russia. In 2021 the top exports of Sakhalin Region were Petroleum oils, oils from bituminous minerals,... ($7.11B), Natural gas, liquefied ($2.53B), Lignite, not agglomerated ($764M), Crustaceans; live, fresh or chilled, crabs,... ($197M), and Bituminous coal, not agglomerated ($116M).
Imports In 2021, Russia's Sakhalin Region imported $425M, making it the 51st largest importer out of the 85 importers in Russia. In 2021 top imports of Sakhalin Region were Tugs and pusher craft ($33M), Continuous action goods conveyor or elevator... ($30.5M), Taps, cocks, valves and similar appliances,... ($26.1M), Gas turbine engines nes of a... ($20.1M), and Machines and mechanical appliances nes ($16.3M).
Economic Complexity In 2020, the highest complexity exports of Sakhalin Region according to the product complexity index (PCI) are Peat (-0.088), Scrap Iron (-0.71), Tug Boats (-1.02), Fish Fillets (-1.22), and Lignite (-1.29). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
January, 2022
Overview In January 2022 SAKHALIN REGION exported $1.41B and imported $38.3M, resulting in a positive trade balance of $1.37B. Between January 2021 and January 2022 the exports of SAKHALIN REGION have increased by $1.01B (256%) from $397M to $1.41B, while imports increased by $8.47M (28.4%) from $29.8M to $38.3M.
Trade In January 2022, the top exports of SAKHALIN REGION were Crude Petroleum ($677M), Petroleum Gas ($626M), Crustaceans ($38.8M), Passenger and Cargo Ships ($28.1M), and Non-fillet Frozen Fish ($14.4M). In January 2022 the top imports of SAKHALIN REGION were Lifting Machinery ($10.2M), Refined Petroleum ($4.08M), Air Pumps ($3.78M), Valves ($1.97M), and Iron Structures ($1.88M).
Destinations In January 2022, SAKHALIN REGION exported mostly to South Korea ($755M), China ($312M), Japan ($258M), Taiwan ($50.7M), and Singapore ($28.8M), and imported mostly from France ($10.8M), Singapore ($4.14M), Switzerland ($3.92M), South Korea ($3.62M), and United States ($3.5M).
Growth In January 2022, the increase in SAKHALIN REGION's year-by-year exports was explained primarily by an increase in exports to United States ($2.65M or 621%), Canada ($19.1k or 26.6%), and Qatar ($3.31k or 600%), and product exports increase in Scrap Iron ($6.92M or 272%), Gas Turbines ($2.85M or 19k%), and Animal Meal and Pellets ($1.11M or 115%). In January 2022, the increase in SAKHALIN REGION's year-by-year imports was explained primarily by an increase in imports from United States ($6.23M or 85.4%), France ($2.64M or 354%), and Netherlands ($157k or 21.7%), and product imports increase in Lifting Machinery ($2.98M or 2.02k%), Gas Turbines ($2.95M or 48.9%), and Electrical Control Boards ($892k or 403%).
EXPORT GROWTH (January 2021 - January 2022): $1.01B, (256%)
IMPORT GROWTH (January 2021 - January 2022): $8.47M, (28.4%)
This section shows exports and imports data at subnational level for SAKHALIN REGION. 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 SAKHALIN REGION over time.
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Top Destination (2021): South Korea, $6.49B
Top Product (2021): Petroleum oils, oils from bituminous minerals,..., $7.11B
In 2021 the top export destinations of Sakhalin Region were South Korea ($6.49B), Japan ($2.52B), China ($2B), Taiwan ($279M), and Thailand ($62.9M).
In 2021 the top exports of Sakhalin Region were Petroleum oils, oils from bituminous minerals,... ($7.11B), Natural gas, liquefied ($2.53B), Lignite, not agglomerated ($764M), Crustaceans; live, fresh or chilled, crabs,... ($197M), and Bituminous coal, not agglomerated ($116M).
Fastest Growing Exports Destination (Jan 2021 - Jan 2022)
Rapidly Declining Export Origins (Jan 2021 - Jan 2022)
Top Origin (2021): United States, $82.7M
Top Import (2021): Tugs and pusher craft, $33M
In 2021 the top import origins of Sakhalin Region were United States ($82.7M), France ($45M), Norway ($44.8M), Japan ($44.6M), and South Korea ($37.5M).
In 2021 the top imports of Sakhalin Region were Tugs and pusher craft ($33M), Continuous action goods conveyor or elevator... ($30.5M), Taps, cocks, valves and similar appliances,... ($26.1M), Gas turbine engines nes of a... ($20.1M), and Machines and mechanical appliances nes ($16.3M).
Fastest Growing Import Origins (Jan 2021 - Jan 2022)
Rapidly Declining Import Origins (Jan 2021 - Jan 2022)
Economic Complexity (2021): -1.2
Sakhalin Region ranks 60th 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. Sakhalin Region it is in position 60th considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Sakhalin Region already has a comparative advantage, are led by Processed Crustaceans (0.026), Acyclic Alcohols (0.022), Processed Fish (0.022), Refined Petroleum (0.021), and Other Inedible Animal Products (0.019).
The highest complexity exports of Sakhalin Region according to the product complexity index (PCI) are Peat (-0.088), Scrap Iron (-0.71), Tug Boats (-1.02), Fish Fillets (-1.22), and Lignite (-1.29). 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 Lignite (295.7), Tug Boats (22.2), Crustaceans (19.6), Non-fillet Frozen Fish (15.8), and Petroleum Gas (13.8).
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 Sakhalin Region 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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