SAKHALIN REGIONFederal subject in FAR EAST FEDERAL DISTRICT, district of Russia
2020 Economic Complexity : -1.36, Rank 58 of 58
Jun 2021 Trade Exports | Imports: $2.5B | $68.6M, 3 of 85 | 33 of 84
Jun 2021 Country Destination | Origin: South Korea | Norway , $1.23B | $30.1M
Jun 2021 Product Exports | Imports: Petroleum oils, oils from bituminous minerals, crude | Tugs and pusher craft , $1.5B | $28.4M
Overview This page contains the latest international trade data for SAKHALIN REGION, including export and import data.
Exports In 2020, Russia's Sakhalin Region exported $11.1B, making it the 3rd largest exporter out of the 85 exporters in Russia. In 2020 the top exports of Sakhalin Region were Petroleum oils, oils from bituminous minerals,... ($6.21B), Natural gas, liquefied ($3.7B), Lignite, not agglomerated ($365M), Crustaceans; live, fresh or chilled, crabs,... ($153M), and Fish: frozen, Alaska pollack (Theraga chalcogramma),... ($127M).
Imports In 2020, Russia's Sakhalin Region imported $778M, making it the 27th largest importer out of the 85 importers in Russia. In 2020 top imports of Sakhalin Region were Fishing vessels and factory ships ($47.5M), Taps, cocks, valves and similar appliances,... ($47.3M), Commodities not specified according to kind ($40.3M), Articles of iron or steel, nes ($35.5M), and Iron or steel (excluding cast iron... ($27.5M).
Economic Complexity In 2020, the highest complexity exports of Sakhalin Region according to the product complexity index (PCI) are Scrap Iron (-0.6), Tug Boats (-1.14), Animal Meal and Pellets (-1.2), Fish Fillets (-1.2), and Lignite (-1.22). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
June, 2021
Overview In June 2021 SAKHALIN REGION exported $2.5B and imported $68.6M, resulting in a positive trade balance of $2.43B. Between June 2020 and June 2021 the exports of SAKHALIN REGION have increased by $1.59B (173%) from $917M to $2.5B, while imports decreased by $-33M (-32.5%) from $102M to $68.6M.
Trade In June 2021, the top exports of SAKHALIN REGION were Crude Petroleum ($1.5B), Petroleum Gas ($817M), Lignite ($113M), Crustaceans ($36.5M), and Coal Briquettes ($25.6M). In June 2021 the top imports of SAKHALIN REGION were Tug Boats ($28.4M), Valves ($5.72M), Gas Turbines ($4.93M), Centrifuges ($2.57M), and Iron Pipes ($2.4M).
Destinations In June 2021, SAKHALIN REGION exported mostly to South Korea ($1.23B), Japan ($778M), China ($436M), Taiwan ($57.9M), and Thailand ($2.48M), and imported mostly from Norway ($30.1M), United States ($8.56M), France ($6.75M), China ($5.62M), and South Korea ($3.59M).
Growth In June 2021, the increase in SAKHALIN REGION's year-by-year exports was explained primarily by an increase in exports to South Korea ($868M or 242%), Japan ($466M or 150%), and China ($244M or 127%), and product exports increase in Crude Petroleum ($885M or 144%), Petroleum Gas ($610M or 294%), and Lignite ($58.4M or 108%). In June 2021, the decrease in SAKHALIN REGION's year-by-year imports was explained primarily by an decrease in imports from China ($-25.4M or -81.9%), United States ($-12.7M or -59.8%), and Canada ($-8.67M or -96.6%), and product imports decrease in Commodities not elsewhere specified ($-29.8M or -98.3%), Insulated Wire ($-6.75M or -89.6%), and Refined Petroleum ($-3.05M or -99.8%).
EXPORT GROWTH (June 2020 - June 2021): $1.59B, (173%)
IMPORT GROWTH (June 2020 - June 2021): $-33M, (-32.5%)
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 (2020): South Korea, $5.22B
Top Product (2020): Petroleum oils, oils from bituminous minerals,..., $6.21B
In 2020 the top export destinations of Sakhalin Region were South Korea ($5.22B), Japan ($3.42B), China ($1.86B), Taiwan ($477M), and Thailand ($21.2M).
In 2020 the top exports of Sakhalin Region were Petroleum oils, oils from bituminous minerals,... ($6.21B), Natural gas, liquefied ($3.7B), Lignite, not agglomerated ($365M), Crustaceans; live, fresh or chilled, crabs,... ($153M), and Fish: frozen, Alaska pollack (Theraga chalcogramma),... ($127M).
Fastest Growing Exports Destination (Jun 2020 - Jun 2021)
Rapidly Declining Export Origins (Jun 2020 - Jun 2021)
Top Origin (2020): United States, $177M
Top Import (2020): Fishing vessels and factory ships, $47.5M
In 2020 the top import origins of Sakhalin Region were United States ($177M), China ($92.2M), Germany ($60.9M), South Korea ($57.3M), and Italy ($53M).
In 2020 the top imports of Sakhalin Region were Fishing vessels and factory ships ($47.5M), Taps, cocks, valves and similar appliances,... ($47.3M), Commodities not specified according to kind ($40.3M), Articles of iron or steel, nes ($35.5M), and Iron or steel (excluding cast iron... ($27.5M).
Economic Complexity (2020): -1.36
Sakhalin Region ranks 58th 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 58th 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), Processed Fish (0.021), Refined Petroleum (0.02), Wood Charcoal (0.019), and Salt (0.019).
The highest complexity exports of Sakhalin Region according to the product complexity index (PCI) are Scrap Iron (-0.6), Tug Boats (-1.14), Animal Meal and Pellets (-1.2), Fish Fillets (-1.2), and Lignite (-1.22). 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 (139.9), Petroleum Gas (19.8), Non-fillet Frozen Fish (17.6), Crustaceans (16.6), and Crude Petroleum (10.4).
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.