St. PetersburgFederal subject in NORTH WEST FEDERAL DISTRICT, district of Russia
Exports (2019): $25.9B, Rnk 2/85
Top Destination (2019): $7.56B, Netherlands
Top Export (2019): $9.85B, Petroleum oils, oils from bituminous minerals,...
Imports (2019): $21.8B, Rnk 3/85
Top Origin (2019): $4.89B, China
Top Import (2019): $521M, Engines, spark-ignition reciprocating, over 1000 cc
Economic Complexity (2019): -0.37, Rnk 41 / 85
Exports: In 2019, Russia's St. Petersburg exported $25.9B, making it the 2nd largest exporter out of the 85 exporters in Russia. In 2019 the top exports of St. Petersburg were Petroleum oils, oils from bituminous minerals,... ($9.85B), Light petroleum distillates nes ($5.69B), Petroleum spirit for motor vehicles ($2.35B), Coal tar distillation products nes ($712M), and Commodities not specified according to kind ($655M).
Imports: In 2019, Russia's St. Petersburg imported $21.8B, making it the 3rd largest importer out of the 85 importers in Russia. In 2019 top imports of St. Petersburg were Engines, spark-ignition reciprocating, over 1000 cc ($521M), Parts and accessories of bodies nes... ($438M), Transmissions for motor vehicles ($422M), Commodities not specified according to kind ($342M), and Pipe-line submerged arc welded steel diameter... ($326M).
Economic Complexity: In 2019, the highest complexity exports of St. Petersburg according to the product complexity index (PCI) are Newsprint (1.27), Vehicle Bodies (1.11), Large Construction Vehicles (0.88), Cathode Tubes (0.67), and Brochures (0.47). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Top Destination (2019): Netherlands, $7.56B
Top Product (2019): Petroleum oils, oils from bituminous minerals,..., $9.85B
In 2019 the top export destinations of St. Petersburg were Netherlands ($7.56B), Germany ($2.36B), China ($1.77B), United States ($1.72B), and Belarus ($1.55B).
In 2019 the top exports of St. Petersburg were Petroleum oils, oils from bituminous minerals,... ($9.85B), Light petroleum distillates nes ($5.69B), Petroleum spirit for motor vehicles ($2.35B), Coal tar distillation products nes ($712M), and Commodities not specified according to kind ($655M).
Fastest Growing Exports Destination (April 2019 - April 2020)
Rapidly Declining Export Origins (April 2019 - April 2020)
Top Origin (2019): China, $4.89B
Top Import (2019): Engines, spark-ignition reciprocating, over 1000 cc, $521M
In 2019 the top import origins of St. Petersburg were China ($4.89B), Germany ($1.84B), South Korea ($1.41B), Japan ($1.24B), and Finland ($1.04B).
In 2019 the top imports of St. Petersburg were Engines, spark-ignition reciprocating, over 1000 cc ($521M), Parts and accessories of bodies nes... ($438M), Transmissions for motor vehicles ($422M), Commodities not specified according to kind ($342M), and Pipe-line submerged arc welded steel diameter... ($326M).
Fastest Growing Import Origins (April 2019 - April 2020)
This section shows differences between total trade from ST. PETERSBURG throughout time.
The federal subjects of Russia with the highest exports in 2019 were Moscow, The Capital Of Russian Federation ($178B), St. Petersburg ($25.9B), Khanty-mansiysk Autonomous Area ($17.8B), Kemerovo Region ($13.9B), and Sakhalin Region ($13.9B)
The federal subjects of Russia with the highest imports in 2019 were Moscow, The Capital Of Russian Federation ($101B), Moscow Region ($25.9B), St. Petersburg ($21.8B), Kaliningrad Region ($7.56B), and Kaluga Region ($6.26B)
This section shows forecasts for total exports and imports from ST. PETERSBURG. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.
St. Petersburg ranks 41st out of the 85 federal subjects in Russia according to ECI.
Estimated using exports data.
The top export opportunities according to the relatedness level, without considering those products were St. Petersburg already has a comparative advantage, are led by Petroleum Gas (0.096), Ammonia (0.094), Nitrogenous Fertilizers (0.093), Raw Aluminium (0.089), and Iron Ore (0.087).
The highest complexity exports of St. Petersburg according to the product complexity index (PCI) are Newsprint (1.27), Vehicle Bodies (1.11), Large Construction Vehicles (0.88), Cathode Tubes (0.67), and Brochures (0.47). 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 Tar (30.2), Sulphur (25.9), Copper Powder (23.7), Coal Tar Oil (19.3), and Newsprint (17.8).
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 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.
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.
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