Saratov Region

Federal subject in VOLGA FEDERAL DISTRICT, district of Russia

Exports (2019): $1.28B, Rnk 36/85

Top Destination (2019): $165M, Turkey

Top Export (2019): $332M, Monoammonium phosphate & mix with diammonium,...

Imports (2019): $637M, Rnk 35/85

Top Origin (2019): $122M, Indonesia

Top Import (2019): $122M, Palm oil or fractions simply refined

Economic Complexity (2019): -0.26, Rnk 32 / 85

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

Exports: In 2019, Russia's Saratov Region exported $1.28B, making it the 36th largest exporter out of the 85 exporters in Russia. In 2019 the top exports of Saratov Region were Monoammonium phosphate & mix with diammonium,... ($332M), Acrylonitrile ($159M), Petroleum oils, oils from bituminous minerals,... ($101M), Calcium phosphates except hydrogen-orthophosphate ($81.4M), and Fertilizers with nitrogen and phosphorus nes,... ($41.8M).

Imports: In 2019, Russia's Saratov Region imported $637M, making it the 35th largest importer out of the 85 importers in Russia. In 2019 top imports of Saratov Region were Palm oil or fractions simply refined ($122M), Parts of hydraulic turbines and water... ($53.9M), Washing and cleaning preparations, retail ($42M), Bearings, cylindrical roller, nes ($18.8M), and Props etc for scaffold, shuttering, pits,... ($15.1M).

Economic Complexity: In 2019, the highest complexity exports of Saratov Region according to the product complexity index (PCI) are Motor-working Tools (1.56), Ball Bearings (1.22), Rubber Pipes (0.94), Nitrile Compounds (0.92), and Wallpaper (0.7). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Top Destination (2019): Turkey, $165M

Top Product (2019): Monoammonium phosphate & mix with diammonium,..., $332M

In 2019 the top export destinations of Saratov Region were Turkey ($165M), Brazil ($136M), Kazakhstan ($133M), Germany ($116M), and United States ($86.4M).

In 2019 the top exports of Saratov Region were Monoammonium phosphate & mix with diammonium,... ($332M), Acrylonitrile ($159M), Petroleum oils, oils from bituminous minerals,... ($101M), Calcium phosphates except hydrogen-orthophosphate ($81.4M), and Fertilizers with nitrogen and phosphorus nes,... ($41.8M).

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Export Dynamics

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Fastest Growing Exports Destination (June 2019 - June 2020)

Rapidly Declining Export Origins (June 2019 - June 2020)

Yearly Imports

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Top Origin (2019): Indonesia, $122M

Top Import (2019): Palm oil or fractions simply refined, $122M

In 2019 the top import origins of Saratov Region were Indonesia ($122M), China ($101M), Austria ($65.3M), Italy ($47.2M), and Germany ($41.5M).

In 2019 the top imports of Saratov Region were Palm oil or fractions simply refined ($122M), Parts of hydraulic turbines and water... ($53.9M), Washing and cleaning preparations, retail ($42M), Bearings, cylindrical roller, nes ($18.8M), and Props etc for scaffold, shuttering, pits,... ($15.1M).

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Import Dynamics

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Fastest Growing Import Origins (June 2019 - June 2020)

Rapidly Declining Import Origins (June 2019 - June 2020)

Comparison in Time

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This section shows differences between total trade from SARATOV REGION throughout time.

This section shows forecasts for total exports and imports from SARATOV REGION. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

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Economic Complexity

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Economic Complexity of Russia

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Saratov Region ranks 32nd out of the 85 federal subjects in Russia according to ECI.

Estimated using exports data.

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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 (0.11), Particle Board (0.1), Nitrogenous Fertilizers (0.1), Fuel Wood (0.1), and Electricity (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 (1.56), Ball Bearings (1.22), Rubber Pipes (0.94), Nitrile Compounds (0.92), and Wallpaper (0.7). 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 (401), Phosphinates and Phosphonates (299), Mixed Mineral or Chemical Fertilizers (228), Railway Freight Cars (130), and Cyanides (83.6).

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.