Saratov Region

Federal subject in VOLGA FEDERAL DISTRICT, district of Russia

2019
Economic
Complexity
: -0.22, Rank 32 of 64

Nov 2020
Trade
Exports | Imports
: $116M | $54.9M, 35 of 85 | 32 of 84

Nov 2020
Country
Destination | Origin
: Turkey | China , $26.5M  | $11.1M

Nov 2020
Product
Exports | Imports
: Seed Oils | Palm Oil , $34.8M  | $6.4M

Overview: This page contains the latest international trade data for SARATOV REGION, including export and import data.

Exports: In 2020, Russia's Saratov Region exported $1.04B, making it the 36th largest exporter out of the 85 exporters in Russia. In 2020 the top exports of Saratov Region were Monoammonium phosphate & mix with diammonium,... ($207M), Sunflower-seed or safflower oil, crude ($90.3M), Acrylonitrile ($82.7M), Calcium phosphates except hydrogen-orthophosphate ($69.7M), and Bar/rod, iron or non-alloy steel, indented... ($67.6M).

Imports: In 2020, Russia's Saratov Region imported $580M, making it the 31st largest importer out of the 85 importers in Russia. In 2020 top imports of Saratov Region were Palm oil or fractions simply refined ($154M), Parts of hydraulic turbines and water... ($31.9M), Washing and cleaning preparations, retail ($26.4M), Bearings, cylindrical roller, nes ($14.9M), and Props etc for scaffold, shuttering, pits,... ($14.1M).

Economic Complexity: In 2019, the highest complexity exports of Saratov Region according to the product complexity index (PCI) are Motor-working Tools (1.55), Polyamides (1.55), Electric Furnaces (1.4), Valves (1.34), and Gaskets (1.33). 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 SARATOV REGION'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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Value
Depth

Top Destination (2020): Turkey, $146M

Top Product (2020): Monoammonium phosphate & mix with diammonium,..., $207M

In 2020 the top export destinations of Saratov Region were Turkey ($146M), Kazakhstan ($129M), Brazil ($106M), Azerbaijan ($77.7M), and Germany ($73.7M).

In 2020 the top exports of Saratov Region were Monoammonium phosphate & mix with diammonium,... ($207M), Sunflower-seed or safflower oil, crude ($90.3M), Acrylonitrile ($82.7M), Calcium phosphates except hydrogen-orthophosphate ($69.7M), and Bar/rod, iron or non-alloy steel, indented... ($67.6M).

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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): Indonesia, $158M

Top Import (2020): Palm oil or fractions simply refined, $154M

In 2020 the top import origins of Saratov Region were Indonesia ($158M), China ($92.7M), Austria ($44.2M), Germany ($41.6M), and Kazakhstan ($28.3M).

In 2020 the top imports of Saratov Region were Palm oil or fractions simply refined ($154M), Parts of hydraulic turbines and water... ($31.9M), Washing and cleaning preparations, retail ($26.4M), Bearings, cylindrical roller, nes ($14.9M), and Props etc for scaffold, shuttering, pits,... ($14.1M).

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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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Saratov Region ranks 32nd 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. Saratov Region it is in position 32nd 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 Saratov Region already has a comparative advantage, are led by Sawn Wood (0.1), Nitrogenous Fertilizers (0.1), Electricity (0.1), Yeast (0.1), and Molasses (0.1).

Most Complex Products by PCI

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The highest complexity exports of Saratov Region according to the product complexity index (PCI) are Motor-working Tools (1.55), Polyamides (1.55), Electric Furnaces (1.4), Valves (1.34), and Gaskets (1.33). 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 Nitrile Compounds (380), Phosphinates and Phosphonates (316), Mixed Mineral or Chemical Fertilizers (225), Railway Freight Cars (111), and Cyanides (84.7).

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 Saratov 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.

Relatedness Space

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This network shows the products most related to the production structure of  Saratov Region. These are products that tend to be co-exported with the products that Saratov Region 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.