Sverdlovsk Region

Federal subject in URALS FEDERAL DISTRICT, district of Russia

Exports (2019): $7.04B, Rnk 9/85

Top Destination (2019): $1.12B, United States

Top Export (2019): $1.6B, Commodities not specified according to kind

Imports (2019): $4.62B, Rnk 7/85

Top Origin (2019): $896M, China

Top Import (2019): $614M, Copper ores and concentrates

Economic Complexity (2019): -0.036, Rnk 21 / 85

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

Exports: In 2019, Russia's Sverdlovsk Region exported $7.04B, making it the 9th largest exporter out of the 85 exporters in Russia. In 2019 the top exports of Sverdlovsk Region were Commodities not specified according to kind ($1.6B), Copper cathodes and sections of cathodes... ($838M), Semi-finished bars, iron or non-alloy steel... ($567M), Titanium, articles thereof, nes ($557M), and Pipe-line submerged arc welded steel diameter... ($203M).

Imports: In 2019, Russia's Sverdlovsk Region imported $4.62B, making it the 7th largest importer out of the 85 importers in Russia. In 2019 top imports of Sverdlovsk Region were Copper ores and concentrates ($614M), Commodities not specified according to kind ($444M), Copper/copper alloy waste or scrap ($247M), Copper mattes: cement copper (precipitated copper) ($141M), and Vanadium oxides and hydroxides ($121M).

Economic Complexity: In 2019, the highest complexity exports of Sverdlovsk Region according to the product complexity index (PCI) are Flat Flat-Rolled Steel (1.45), Flat-Rolled Iron (1.18), Steam Turbines (1.13), Metal-Rolling Mills (1.1), and Rock Wool (0.75). 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): United States, $1.12B

Top Product (2019): Commodities not specified according to kind, $1.6B

In 2019 the top export destinations of Sverdlovsk Region were United States ($1.12B), China ($1.1B), Algeria ($532M), Kazakhstan ($502M), and Germany ($300M).

In 2019 the top exports of Sverdlovsk Region were Commodities not specified according to kind ($1.6B), Copper cathodes and sections of cathodes... ($838M), Semi-finished bars, iron or non-alloy steel... ($567M), Titanium, articles thereof, nes ($557M), and Pipe-line submerged arc welded steel diameter... ($203M).

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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, $896M

Top Import (2019): Copper ores and concentrates, $614M

In 2019 the top import origins of Sverdlovsk Region were China ($896M), Kazakhstan ($891M), Germany ($540M), France ($187M), and Italy ($131M).

In 2019 the top imports of Sverdlovsk Region were Copper ores and concentrates ($614M), Commodities not specified according to kind ($444M), Copper/copper alloy waste or scrap ($247M), Copper mattes: cement copper (precipitated copper) ($141M), and Vanadium oxides and hydroxides ($121M).

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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 SVERDLOVSK REGION throughout time.

This section shows forecasts for total exports and imports from SVERDLOVSK REGION. 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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Sverdlovsk Region ranks 21st 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 Sverdlovsk Region already has a comparative advantage, are led by Sulphur (0.13), Sunflower Seeds (0.12), Ammonia (0.12), Asphalt Mixtures (0.12), and Raw Aluminium (0.11).

Most Complex Products by PCI

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The highest complexity exports of Sverdlovsk Region according to the product complexity index (PCI) are Flat Flat-Rolled Steel (1.45), Flat-Rolled Iron (1.18), Steam Turbines (1.13), Metal-Rolling Mills (1.1), and Rock Wool (0.75). 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 Titanium (241), Other Metals (90.5), Aluminium Powder (68.9), Semi-Finished Iron (65.2), and Other Large Iron Pipes (63.9).

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 Sverdlovsk Region 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  Sverdlovsk Region. These are products that tend to be co-exported with the products that Sverdlovsk Region 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.