Sverdlovsk RegionFederal subject in URALS FEDERAL DISTRICT, district of Russia
2019 Economic Complexity: -0.0039, Rank 15 of 64
Nov 2020 Trade Exports | Imports: $754M | $784M, 8 of 85 | 4 of 84
Nov 2020 Country Destination | Origin: Egypt | South Korea , $175M | $344M
Nov 2020 Product Exports | Imports: Commodities not elsewhere specified | Passenger and Cargo Ships , $315M | $340M
Overview: This page contains the latest international trade data for SVERDLOVSK REGION, including export and import data.
Exports: In 2020, Russia's Sverdlovsk Region exported $5.76B, making it the 8th largest exporter out of the 85 exporters in Russia. In 2020 the top exports of Sverdlovsk Region were Commodities not specified according to kind ($1.54B), Copper cathodes and sections of cathodes... ($1.01B), Semi-finished bars, iron or non-alloy steel... ($414M), Titanium, articles thereof, nes ($337M), and Wire of refined copper > 6mm... ($121M).
Imports: In 2020, Russia's Sverdlovsk Region imported $4.09B, making it the 7th largest importer out of the 85 importers in Russia. In 2020 top imports of Sverdlovsk Region were Commodities not specified according to kind ($609M), Copper/copper alloy waste or scrap ($359M), Tankers ($340M), Copper ores and concentrates ($327M), and Copper mattes: cement copper (precipitated copper) ($122M).
Economic Complexity: In 2019, the highest complexity exports of Sverdlovsk Region according to the product complexity index (PCI) are Flat Flat-Rolled Steel (1.47), Metal-Rolling Mills (1.37), Flat-Rolled Iron (1.25), Boiler Plants (0.94), and Steel Ingots (0.87). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In November 2020 SVERDLOVSK REGION exported $754M and imported $784M, resulting in a negative trade balance of $29.7M. Between November 2019 and November 2020 the exports of SVERDLOVSK REGION have increased by $67.9M (9.89%) from $686M to $754M, while imports increased by $300M (62.1%) from $483M to $784M.
Trade: In November 2020, the top exports of SVERDLOVSK REGION were Commodities not elsewhere specified ($315M), Refined Copper ($100M), Semi-Finished Iron ($69.1M), Titanium ($25.9M), and Ferroalloys ($20M). In November 2020 the top imports of SVERDLOVSK REGION were Passenger and Cargo Ships ($340M), Commodities not elsewhere specified ($150M), Scrap Copper ($38M), Copper Ore ($21.9M), and Precipitated Copper ($10.4M).
Destinations: In November 2020, SVERDLOVSK REGION exported mostly to Egypt ($175M), China ($123M), United Kingdom ($73.3M), Uzbekistan ($61M), and Turkey ($38.5M), and imported mostly from South Korea ($344M), Germany ($157M), China ($81.2M), Kazakhstan ($53.7M), and Czechia ($20.3M).
Growth: In November 2020, the increase in SVERDLOVSK REGION's year-by-year exports was explained primarily by an increase in exports to Egypt ($174M or 16.1k%), Uzbekistan ($34.8M or 133%), and Turkey ($30.2M or 364%), and product exports increase in Commodities not elsewhere specified ($126M or 66.3%), Raw Iron Bars ($17.1M or 1.04k%), and Steel Ingots ($6.74M or 5.79k%). In November 2020, the increase in SVERDLOVSK REGION's year-by-year imports was explained primarily by an increase in imports from South Korea ($339M or 7.23k%), Germany ($52.9M or 50.7%), and Czechia ($14.7M or 263%), and product imports increase in Commodities not elsewhere specified ($65.9M or 78.1%), Metalworking Transfer Machines ($2.41M or 1.28k%), and Other Plastic Products ($2.1M or 79.7%).
EXPORT GROWTH (November 2019 - November 2020): $67.9M, (9.89%)
IMPORT GROWTH (November 2019 - November 2020): $300M, (62.1%)
This section shows exports and imports data at subnational level for SVERDLOVSK REGION. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of SVERDLOVSK REGION over time.
This section shows the differences between SVERDLOVSK REGION's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Russia's country profile.
Top Destination (2020): China, $1.3B
Top Product (2020): Commodities not specified according to kind, $1.54B
In 2020 the top export destinations of Sverdlovsk Region were China ($1.3B), United States ($626M), Algeria ($398M), Kazakhstan ($363M), and Uzbekistan ($302M).
In 2020 the top exports of Sverdlovsk Region were Commodities not specified according to kind ($1.54B), Copper cathodes and sections of cathodes... ($1.01B), Semi-finished bars, iron or non-alloy steel... ($414M), Titanium, articles thereof, nes ($337M), and Wire of refined copper > 6mm... ($121M).
Fastest Growing Exports Destination (Nov 2019 - Nov 2020)
Rapidly Declining Export Origins (Nov 2019 - Nov 2020)
Top Origin (2020): China, $765M
Top Import (2020): Commodities not specified according to kind, $609M
In 2020 the top import origins of Sverdlovsk Region were China ($765M), Germany ($684M), Kazakhstan ($622M), South Korea ($384M), and United States ($133M).
In 2020 the top imports of Sverdlovsk Region were Commodities not specified according to kind ($609M), Copper/copper alloy waste or scrap ($359M), Tankers ($340M), Copper ores and concentrates ($327M), and Copper mattes: cement copper (precipitated copper) ($122M).
Fastest Growing Import Origins (Nov 2019 - Nov 2020)
Rapidly Declining Import Origins (Nov 2019 - Nov 2020)
Sverdlovsk Region ranks 15th out of the 85 districts in Russia according to ECI.
Estimated using exports data.
The economic complexity of a territory can change year to year. Sverdlovsk Region it is in position 15th considering its ECI in the last year.
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), Ammonia (0.13), Sunflower Seeds (0.12), Coal Briquettes (0.12), and Carbides (0.11).
The highest complexity exports of Sverdlovsk Region according to the product complexity index (PCI) are Flat Flat-Rolled Steel (1.47), Metal-Rolling Mills (1.37), Flat-Rolled Iron (1.25), Boiler Plants (0.94), and Steel Ingots (0.87). 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 Titanium (246), Other Metals (91.7), Other Large Iron Pipes (65.3), Aluminium Powder (63.7), and Semi-Finished Iron (63.5).
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.
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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