Stavropol Territory

Federal subject in NORTH CAUCASUS FEDERAL DISTRICT, district of Russia

2019
Economic
Complexity
: -0.43, Rank 48 of 64

Nov 2020
Trade
Exports | Imports
: $100M | $48.3M, 40 of 85 | 38 of 84

Nov 2020
Country
Destination | Origin
: Azerbaijan | China , $9.44M  | $15.3M

Nov 2020
Product
Exports | Imports
: Mixed Mineral or Chemical Fertilizers | Other Agricultural Machinery , $16.2M  | $4.6M

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

Exports: In 2020, Russia's Stavropol Territory exported $859M, making it the 42nd largest exporter out of the 85 exporters in Russia. In 2020 the top exports of Stavropol Territory were Cereals: wheat and meslin, other than... ($87.5M), Meat and edible offal: of fowls... ($79.5M), Nitrogen-phosphorus-potassium fertilizers, pack >10kg ($78.3M), Urea, including aqueous solution in packs... ($76.6M), and Urea-ammonium nitrate mixes in solution, pack... ($64.1M).

Imports: In 2020, Russia's Stavropol Territory imported $460M, making it the 38th largest importer out of the 85 importers in Russia. In 2020 top imports of Stavropol Territory were Generating sets, with spark ignition engines ($28.8M), Agricultural, bee-keeping plant nes, germination plan ($28.5M), Tractors; n.e.c. in heading no 8701... ($19M), Parts for sprays and powder dispersers ($16M), and Electricity supply, production and calibrating meters ($9.99M).

Economic Complexity: In 2019, the highest complexity exports of Stavropol Territory according to the product complexity index (PCI) are Plastic Floor Coverings (1.09), Saturated Acyclic Monocarboxylic Acids (1.06), Other Aluminium Products (0.89), Reaction and Catalytic Products (0.86), and Other Plastic Sheetings (0.74). 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 STAVROPOL TERRITORY'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): Azerbaijan, $130M

Top Product (2020): Cereals: wheat and meslin, other than..., $87.5M

In 2020 the top export destinations of Stavropol Territory were Azerbaijan ($130M), China ($101M), United States ($46.8M), Kazakhstan ($38.7M), and Turkey ($34.8M).

In 2020 the top exports of Stavropol Territory were Cereals: wheat and meslin, other than... ($87.5M), Meat and edible offal: of fowls... ($79.5M), Nitrogen-phosphorus-potassium fertilizers, pack >10kg ($78.3M), Urea, including aqueous solution in packs... ($76.6M), and Urea-ammonium nitrate mixes in solution, pack... ($64.1M).

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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, $132M

Top Import (2020): Generating sets, with spark ignition engines, $28.8M

In 2020 the top import origins of Stavropol Territory were China ($132M), Belarus ($63.3M), Austria ($31.4M), Germany ($30.7M), and Netherlands ($29M).

In 2020 the top imports of Stavropol Territory were Generating sets, with spark ignition engines ($28.8M), Agricultural, bee-keeping plant nes, germination plan ($28.5M), Tractors; n.e.c. in heading no 8701... ($19M), Parts for sprays and powder dispersers ($16M), and Electricity supply, production and calibrating meters ($9.99M).

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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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Stavropol Territory ranks 48th 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. Stavropol Territory it is in position 48th 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 Stavropol Territory already has a comparative advantage, are led by Petroleum Gas (0.1), Yeast (0.093), Buckwheat (0.091), Fruit Juice (0.09), and Refined Petroleum (0.089).

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 (1.09), Saturated Acyclic Monocarboxylic Acids (1.06), Other Aluminium Products (0.89), Reaction and Catalytic Products (0.86), and Other Plastic Sheetings (0.74). 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 (389), Nitrogenous Fertilizers (203), Mixed Mineral or Chemical Fertilizers (81.5), Poultry Meat (65.4), and Saturated Acyclic Monocarboxylic Acids (53.6).

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 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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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.