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Federal subject in URALS FEDERAL DISTRICT, district of Russia

2021
Economic
Complexity -0.075Rank 20 of 61
Jan 2022
Trade
Exports | Imports $564M | $767M18 of 85 | 4 of 83
Jan 2022
Country
Destination | Origin China | South Korea $54.9M  | $353M

About

Overview This page contains the latest international trade data for SVERDLOVSK REGION. In January 2022 SVERDLOVSK REGION was the number 10 in total exports and the number 7 in total imports in Russia.

Exports In 2021, Russia's Sverdlovsk Region exported $564M, making it the 10th largest exporter out of the 85 exporters in Russia. In 2021 the top exports of Sverdlovsk Region were Copper cathodes and sections of cathodes... ($1.65B), Commodities not specified according to kind ($1.31B), Wire of refined copper > 6mm... ($983M), Semi-finished bars, iron or non-alloy steel... ($845M), and Titanium, articles thereof, nes ($263M).

Imports In 2021, Russia's Sverdlovsk Region imported $767M, making it the 7th largest importer out of the 85 importers in Russia. In 2021 top imports of Sverdlovsk Region were Commodities not specified according to kind ($725M), Tankers ($612M), Copper/copper alloy waste or scrap ($362M), Flat rolled iron or non-alloy steel,... ($126M), and Copper mattes: cement copper (precipitated copper) ($121M).

Economic Complexity In 2021, the highest complexity exports of Sverdlovsk Region according to the product complexity index (PCI) are Flat Flat-Rolled Steel (1.44), Metal-Rolling Mills (1.22), Steel Wire (1.07), Electric Locomotives (0.9), Electrical Insulators (0.82), Locomotive Parts (0.82), Steam Turbines (0.77), Refractory Bricks (0.72), Rock Wool (0.63), and Iron Railway Products (0.58). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

January, 2022

About

Overview In January 2022 SVERDLOVSK REGION exported $564M and imported $767M, resulting in a negative trade balance of $202M. Between January 2021 and January 2022 the exports of SVERDLOVSK REGION have increased by $20.9M (3.85%) from $544M to $564M, while imports increased by $166M (27.6%) from $601M to $767M.

Trade In January 2022, the top exports of SVERDLOVSK REGION were Semi-Finished Iron ($139M), Copper Wire ($80.9M), Commodities not elsewhere specified ($48.3M), Titanium ($28.2M), and Flat Flat-Rolled Steel ($22.7M). In January 2022 the top imports of SVERDLOVSK REGION were Passenger and Cargo Ships ($347M), Commodities not elsewhere specified ($30.8M), Scrap Copper ($19.8M), Raw Copper ($14M), and Copper Ore ($12M).

Destinations In January 2022, SVERDLOVSK REGION exported mostly to China ($54.9M), Kazakhstan ($46.5M), United States ($39.5M), Turkey ($38.3M), and United Kingdom ($37.1M), and imported mostly from South Korea ($353M), China ($139M), Kazakhstan ($101M), Germany ($22.8M), and France ($14.7M).

Growth In January 2022, the increase in SVERDLOVSK REGION's year-by-year exports was explained primarily by an increase in exports to China ($49.4M or 36.1%), Turkey ($41.6M or 477%), and Taiwan ($22.7M or 488%), and product exports increase in Refined Copper ($62M or 43.3%), Semi-Finished Iron ($28.4M or 49.9%), and Commodities not elsewhere specified ($27.9M or 86.4%). In January 2022, the increase in SVERDLOVSK REGION's year-by-year imports was explained primarily by an increase in imports from South Korea ($283M or 8.38k%), France ($26.1M or 1.36k%), and United States ($14M or 174%), and product imports increase in Air Pumps ($3.91M or 318%), Other Heating Machinery ($3.8M or 117%), and Scrap Iron ($3.16M or 709%).

Latest Data

Time Scale
Flow
Color
Depth
EXPORT GROWTH (January 2021 - January 2022)$20.9M(3.85%)
IMPORT GROWTH (January 2021 - January 2022)$166M(27.6%)

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.

For full datasets download visit Bulk Download page.

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SVERDLOVSK REGION's Monthly Exports
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SVERDLOVSK REGION's Products Exports (Jan 2022)
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SVERDLOVSK REGION's Exports Destinations (Jan 2022)
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Historical Data

Yearly Exports

Color
Depth
Top Destination (2021)China$1.98B
Top Product (2021)Copper cathodes and sections of cathodes...$1.65B

In 2021 the top export destinations of Sverdlovsk Region were China ($1.98B), United States ($1.12B), Turkey ($778M), Kazakhstan ($689M), and Belarus ($325M).

In 2021 the top exports of Sverdlovsk Region were Copper cathodes and sections of cathodes... ($1.65B), Commodities not specified according to kind ($1.31B), Wire of refined copper > 6mm... ($983M), Semi-finished bars, iron or non-alloy steel... ($845M), and Titanium, articles thereof, nes ($263M).

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Exports (2021)
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Destinations (2021)
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Exports Dynamics

Fastest Growing Exports Destination (Jan 2021 - Jan 2022)
South Korea $33.8M (1.41k%)
United Kingdom $32.1M (652%)
Greece $28.6M (17.1k%)
Rapidly Declining Export Origins (Jan 2021 - Jan 2022)
China -$132M (-70.5%)
Tajikistan -$17.6M (-88.7%)
Taiwan -$17M (-62.1%)

Export Destinations of SVERDLOVSK REGION (Jan 2021 - Jan 2022)

Yearly Imports

Color
Depth
Top Origin (2021)China$1.22B
Top Import (2021)Commodities not specified according to kind$725M

In 2021 the top import origins of Sverdlovsk Region were China ($1.22B), Kazakhstan ($816M), South Korea ($678M), Germany ($656M), and France ($422M).

In 2021 the top imports of Sverdlovsk Region were Commodities not specified according to kind ($725M), Tankers ($612M), Copper/copper alloy waste or scrap ($362M), Flat rolled iron or non-alloy steel,... ($126M), and Copper mattes: cement copper (precipitated copper) ($121M).

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Imports (2021)
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Origins (2021)
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Imports Dynamics

Fastest Growing Import Origins (Jan 2021 - Jan 2022)
South Korea $67.3M (23.5%)
China $60.2M (75.9%)
Kazakhstan $47.2M (87.6%)
Rapidly Declining Import Origins (Jan 2021 - Jan 2022)
France -$13.3M (-47.5%)
Chile -$9.47M (-84.5%)
United States -$7.74M (-35%)

Import Origins of SVERDLOVSK REGION (Jan 2021 - Jan 2022)

Economic Complexity

Economic Complexity of Sverdlovsk Region

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Economic Complexity (2021)-0.075

Sverdlovsk Region ranks 20th out of the 85 districts in Russia according to ECI.

The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.

Estimated using exports data.

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ECI comparison Russia between districts (2021)

Economic Complexity Ranking

Value

The economic complexity of a territory can change year to year. Sverdlovsk Region it is in position 20th considering its ECI in the last year.

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ECI Rank by Subnat Geography

Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Sverdlovsk Region already has a comparative advantage, are led by Iron Ore (0.14), Sulphur (0.14), Ammonia (0.14), Chromium Ore (0.14), and Sunflower Seeds (0.14).

Most Complex Products by PCI

The highest complexity exports of Sverdlovsk Region according to the product complexity index (PCI) are Flat Flat-Rolled Steel (1.44), Metal-Rolling Mills (1.22), Steel Wire (1.07), Electric Locomotives (0.9), Electrical Insulators (0.82), Locomotive Parts (0.82), Steam Turbines (0.77), Refractory Bricks (0.72), Rock Wool (0.63), and Iron Railway Products (0.58). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Slag Dross (382.81), Titanium (132.01), Copper Wire (97.54), Copper Powder (84.21), and Electric Locomotives (75.33).

Product Space

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

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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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. Bubble size corresponds to exports value by year 2020.

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