SVERDLOVSK REGIONFederal subject in URALS FEDERAL DISTRICT, district of Russia
2020 Economic Complexity : -0.089, Rank 23 of 61
Jan 2022 Trade Exports | Imports: $564M | $767M, 18 of 85 | 4 of 83
Jan 2022 Country Destination | Origin: China | South Korea , $54.9M | $353M
Jan 2022 Product Exports | Imports: Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular,... | Tankers , $124M | $347M
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 $8.96B, 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 $5.72B, 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 2020, the highest complexity exports of Sverdlovsk Region according to the product complexity index (PCI) are Copper Powder (0.66), Steel Ingots (0.64), Titanium (0.55), Other Metals (0.42), and Electric Locomotives (0.37). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
January, 2022
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%).
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.
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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).
Fastest Growing Exports Destination (Jan 2021 - Jan 2022)
Rapidly Declining Export Origins (Jan 2021 - Jan 2022)
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).
Economic Complexity (2021): -0.089
Sverdlovsk Region ranks 23rd 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.
The economic complexity of a territory can change year to year. Sverdlovsk Region it is in position 23rd 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 (0.15), Carbides (0.15), Ammonia (0.14), Coal Briquettes (0.14), and Sunflower Seeds (0.13).
The highest complexity exports of Sverdlovsk Region according to the product complexity index (PCI) are Copper Powder (0.66), Steel Ingots (0.64), Titanium (0.55), Other Metals (0.42), and Electric Locomotives (0.37). 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 Copper Wire (104.7), Titanium (101.8), Copper Powder (81.9), Electric Locomotives (79.2), and Semi-Finished Iron (75.9).
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.
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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