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.

Historical Data

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Yearly Exports

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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).

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Exports Dynamics

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Fastest Growing Exports Destination (Jan 2021 - Jan 2022)

Rapidly Declining Export Origins (Jan 2021 - Jan 2022)

Yearly Imports

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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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Economic Complexity

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Economic Complexity of Sverdlovsk Region

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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.

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Economic Complexity Ranking

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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.

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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 (0.15), Carbides (0.15), Ammonia (0.14), Coal Briquettes (0.14), and Sunflower Seeds (0.13).

Most Complex Products by PCI

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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.

Most Specialized Products by RCA Index

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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.

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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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.