St. Petersburg

Federal subject in NORTH WEST FEDERAL DISTRICT, district of Russia

2019
Economic
Complexity
: -0.46, Rank 49 of 64

Nov 2020
Trade
Exports | Imports
: $2.17B | $2.12B, 2 of 85 | 3 of 84

Nov 2020
Country
Destination | Origin
: Netherlands | China , $527M  | $461M

Nov 2020
Product
Exports | Imports
: Crude Petroleum | Commodities not elsewhere specified , $828M  | $166M

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

Exports: In 2020, Russia's St. Petersburg exported $18.1B, making it the 2nd largest exporter out of the 85 exporters in Russia. In 2020 the top exports of St. Petersburg were Petroleum oils, oils from bituminous minerals,... ($5.09B), Light petroleum distillates nes ($3.93B), Gold in unwrought forms non-monetary ($1.42B), Petroleum spirit for motor vehicles ($1.31B), and Commodities not specified according to kind ($1.15B).

Imports: In 2020, Russia's St. Petersburg imported $17.9B, making it the 3rd largest importer out of the 85 importers in Russia. In 2020 top imports of St. Petersburg were Commodities not specified according to kind ($886M), Engines, spark-ignition reciprocating, over 1000 cc ($384M), Parts and accessories of bodies nes... ($313M), Transmissions for motor vehicles ($292M), and Fruit, edible: bananas, other than plantains,... ($277M).

Economic Complexity: In 2019, the highest complexity exports of St. Petersburg according to the product complexity index (PCI) are Newsprint (1.13), Vehicle Bodies (0.91), Cathode Tubes (0.67), Other Large Iron Pipes (0.66), and Stone Processing Machines (0.57). 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 ST. PETERSBURG'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): Netherlands, $2.99B

Top Product (2020): Petroleum oils, oils from bituminous minerals,..., $5.09B

In 2020 the top export destinations of St. Petersburg were Netherlands ($2.99B), United Kingdom ($2.08B), United States ($1.65B), China ($1.52B), and Germany ($1.5B).

In 2020 the top exports of St. Petersburg were Petroleum oils, oils from bituminous minerals,... ($5.09B), Light petroleum distillates nes ($3.93B), Gold in unwrought forms non-monetary ($1.42B), Petroleum spirit for motor vehicles ($1.31B), and Commodities not specified according to kind ($1.15B).

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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): China, $4.08B

Top Import (2020): Commodities not specified according to kind, $886M

In 2020 the top import origins of St. Petersburg were China ($4.08B), Germany ($1.54B), South Korea ($1.09B), United States ($1.08B), and Japan ($899M).

In 2020 the top imports of St. Petersburg were Commodities not specified according to kind ($886M), Engines, spark-ignition reciprocating, over 1000 cc ($384M), Parts and accessories of bodies nes... ($313M), Transmissions for motor vehicles ($292M), and Fruit, edible: bananas, other than plantains,... ($277M).

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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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St. Petersburg ranks 49th 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. St. Petersburg it is in position 49th 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 St. Petersburg already has a comparative advantage, are led by Ammonia (0.095), Petroleum Gas (0.094), Coal Briquettes (0.09), Semi chemical Woodpulp (0.09), and Dried Legumes (0.09).

Most Complex Products by PCI

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The highest complexity exports of St. Petersburg according to the product complexity index (PCI) are Newsprint (1.13), Vehicle Bodies (0.91), Cathode Tubes (0.67), Other Large Iron Pipes (0.66), and Stone Processing Machines (0.57). 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 Tar (27.6), Sulphur (26), Copper Powder (18.3), Coal Tar Oil (18.3), and Newsprint (17.3).

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 St. Petersburg 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  St. Petersburg. These are products that tend to be co-exported with the products that St. Petersburg 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.