Stavropol Territory

Federal subject in NORTH CAUCASUS FEDERAL DISTRICT, district of Russia

Exports (2019): $1.1B, Rnk 39/85

Top Destination (2019): $177M, Azerbaijan

Top Export (2019): $126M, Cereals: wheat and meslin, other than...

Imports (2019): $580M, Rnk 37/85

Top Origin (2019): $156M, China

Top Import (2019): $30.3M, Electricity supply, production and calibrating meters

Economic Complexity (2019): -0.41, Rnk 43 / 85

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

Exports: In 2019, Russia's Stavropol Territory exported $1.1B, making it the 39th largest exporter out of the 85 exporters in Russia. In 2019 the top exports of Stavropol Territory were Cereals: wheat and meslin, other than... ($126M), Urea-ammonium nitrate mixes in solution, pack... ($108M), Urea, including aqueous solution in packs... ($105M), Meat and edible offal: of fowls... ($84.9M), and Nitrogen-phosphorus-potassium fertilizers, pack >10kg ($82.6M).

Imports: In 2019, Russia's Stavropol Territory imported $580M, making it the 37th largest importer out of the 85 importers in Russia. In 2019 top imports of Stavropol Territory were Electricity supply, production and calibrating meters ($30.3M), Tractors; n.e.c. in heading no 8701... ($24.9M), Bar/rod, iron or non-alloy steel, indented... ($21.8M), Parts for sprays and powder dispersers ($18.2M), and Tractors; n.e.c. in heading no 8701... ($14M).

Economic Complexity: In 2019, the highest complexity exports of Stavropol Territory according to the product complexity index (PCI) are Plastic Floor Coverings (1.5), Saturated Acyclic Monocarboxylic Acids (1.12), Reaction and Catalytic Products (0.85), Other Aluminium Products (0.78), and Nitrogen Heterocyclic Compounds (0.6). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Value
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Year

Top Destination (2019): Azerbaijan, $177M

Top Product (2019): Cereals: wheat and meslin, other than..., $126M

In 2019 the top export destinations of Stavropol Territory were Azerbaijan ($177M), China ($87.2M), United States ($73.3M), Kazakhstan ($57.6M), and Turkey ($56.9M).

In 2019 the top exports of Stavropol Territory were Cereals: wheat and meslin, other than... ($126M), Urea-ammonium nitrate mixes in solution, pack... ($108M), Urea, including aqueous solution in packs... ($105M), Meat and edible offal: of fowls... ($84.9M), and Nitrogen-phosphorus-potassium fertilizers, pack >10kg ($82.6M).

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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, $156M

Top Import (2019): Electricity supply, production and calibrating meters, $30.3M

In 2019 the top import origins of Stavropol Territory were China ($156M), Belarus ($92.7M), Germany ($48.4M), Ukraine ($45.8M), and Armenia ($25.8M).

In 2019 the top imports of Stavropol Territory were Electricity supply, production and calibrating meters ($30.3M), Tractors; n.e.c. in heading no 8701... ($24.9M), Bar/rod, iron or non-alloy steel, indented... ($21.8M), Parts for sprays and powder dispersers ($18.2M), and Tractors; n.e.c. in heading no 8701... ($14M).

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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 STAVROPOL TERRITORY throughout time.

This section shows forecasts for total exports and imports from STAVROPOL TERRITORY. 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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Stavropol Territory ranks 43rd 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 Stavropol Territory already has a comparative advantage, are led by Petroleum Gas (0.1), Rough Wood (0.093), Buckwheat (0.092), Fruit Juice (0.092), and Refined Petroleum (0.091).

Most Complex Products by PCI

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The highest complexity exports of Stavropol Territory according to the product complexity index (PCI) are Plastic Floor Coverings (1.5), Saturated Acyclic Monocarboxylic Acids (1.12), Reaction and Catalytic Products (0.85), Other Aluminium Products (0.78), and Nitrogen Heterocyclic Compounds (0.6). 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 Synthetic Reconstructed Jewellery Stones (463), Nitrogenous Fertilizers (208), Mixed Mineral or Chemical Fertilizers (82.6), Poultry Meat (64), and Saturated Acyclic Monocarboxylic Acids (53.9).

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 Stavropol Territory 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  Stavropol Territory. These are products that tend to be co-exported with the products that Stavropol Territory 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.