Southern Federal District

District in Russia

Exports (2019): $16.7B, Rnk 7/8

Top Destination (2019): $2.34B, Turkey

Top Export (2019): $3.84B, Cereals: wheat and meslin, other than...

Imports (2019): $7.63B, Rnk 7/8

Top Origin (2019): $1.39B, China

Top Import (2019): $290M, Palm oil or fractions simply refined

Economic Complexity (2019): -0.43, Rnk 4 / 8

Overview: This page contains the latest international trade data for SOUTHERN FEDERAL DISTRICT, including export and import data.

Exports: In 2019, Russia's Southern Federal District exported $16.7B, making it the 7th largest exporter out of the 8 exporters in Russia. In 2019 the top exports of Southern Federal District were Cereals: wheat and meslin, other than... ($3.84B), Light petroleum distillates nes ($2.5B), Coal tar distillation products nes ($1.99B), Petroleum spirit for motor vehicles ($912M), and Sunflower-seed or safflower oil, crude ($867M).

Imports: In 2019, Russia's Southern Federal District imported $7.63B, making it the 7th largest importer out of the 8 importers in Russia. In 2019 top imports of Southern Federal District were Palm oil or fractions simply refined ($290M), Fruit, edible: bananas, other than plantains,... ($226M), Petroleum coke, calcined ($216M), Fruit, edible; mandarins (including tangerines and... ($142M), and Sunflower seeds ($137M).

Economic Complexity: In 2019, the highest complexity exports of Southern Federal District according to the product complexity index (PCI) are Artificial Graphite (1.16), Harvesting Machinery (0.88), Organo-Sulfur Compounds (0.83), Boiler Plants (0.71), and Steel Ingots (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, $2.34B

Top Product (2019): Cereals: wheat and meslin, other than..., $3.84B

In 2019 the top export destinations of Southern Federal District were Turkey ($2.34B), Switzerland ($1.44B), Ukraine ($1.28B), Egypt ($1.26B), and China ($830M).

In 2019 the top exports of Southern Federal District were Cereals: wheat and meslin, other than... ($3.84B), Light petroleum distillates nes ($2.5B), Coal tar distillation products nes ($1.99B), Petroleum spirit for motor vehicles ($912M), and Sunflower-seed or safflower oil, crude ($867M).

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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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Year

Top Origin (2019): China, $1.39B

Top Import (2019): Palm oil or fractions simply refined, $290M

In 2019 the top import origins of Southern Federal District were China ($1.39B), Ukraine ($758M), Turkey ($723M), Belarus ($424M), and Germany ($398M).

In 2019 the top imports of Southern Federal District were Palm oil or fractions simply refined ($290M), Fruit, edible: bananas, other than plantains,... ($226M), Petroleum coke, calcined ($216M), Fruit, edible; mandarins (including tangerines and... ($142M), and Sunflower seeds ($137M).

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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 SOUTHERN FEDERAL DISTRICT throughout time.

This section shows forecasts for total exports and imports from SOUTHERN FEDERAL DISTRICT. 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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Southern Federal District ranks 4th out of the 8 districts 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 Southern Federal District already has a comparative advantage, are led by Crude Petroleum (0.17), Rough Wood (0.15), Nitrogenous Fertilizers (0.15), Raw Aluminium (0.15), and Rapeseed (0.15).

Most Complex Products by PCI

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The highest complexity exports of Southern Federal District according to the product complexity index (PCI) are Artificial Graphite (1.16), Harvesting Machinery (0.88), Organo-Sulfur Compounds (0.83), Boiler Plants (0.71), and Steel Ingots (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 Seed Oils (101), Wheat (92.2), Coal Tar Oil (84.3), Linseed (75.4), and Barley (60.8).

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 Southern Federal District 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  Southern Federal District. These are products that tend to be co-exported with the products that Southern Federal District 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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Depth
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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.