Tambov Region

Federal subject in CENTRAL FEDERAL DISTRICT, district of Russia

2019
Economic
Complexity
: 0.063, Rank 12 of 64

Nov 2020
Trade
Exports | Imports
: $29.8M | $14M, 63 of 85 | 63 of 84

Nov 2020
Country
Destination | Origin
: Latvia | Austria , $6.95M  | $3.11M

Nov 2020
Product
Exports | Imports
: Starch Residue | Electric Generating Sets , $6.27M  | $3.08M

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

Exports: In 2020, Russia's Tambov Region exported $279M, making it the 64th largest exporter out of the 85 exporters in Russia. In 2020 the top exports of Tambov Region were Cereals: wheat and meslin, other than... ($62.2M), Sunflower seeds ($26.7M), Beet-pulp, bagasse & other waste of... ($20.3M), Swine carcasses and half carcasses, fresh... ($19.2M), and Refined sugar, in solid form, nes,... ($16.6M).

Imports: In 2020, Russia's Tambov Region imported $181M, making it the 60th largest importer out of the 85 importers in Russia. In 2020 top imports of Tambov Region were Machinery for treatment by temperature change... ($24.4M), Birds' eggs, in shell: fresh, fertilised... ($20.5M), Iron or non-alloy steel: in coils,... ($16.5M), Aniline and its salts ($9.44M), and Iron or non-alloy steel: in coils,... ($8.96M).

Economic Complexity: In 2019, the highest complexity exports of Tambov Region according to the product complexity index (PCI) are Transmissions (1.59), Lubricating Products (1.51), Acrylic Polymers (1.41), Other Heating Machinery (1.27), and Amino-resins (1.25). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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Flow
Value
Reference Period

This section shows the differences between TAMBOV REGION's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Russia's country profile.

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Yearly Exports

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Value
Depth

Top Destination (2020): Unknown, $40.8M

Top Product (2020): Cereals: wheat and meslin, other than..., $62.2M

In 2020 the top export destinations of Tambov Region were Unknown ($40.8M), Latvia ($30.4M), Ukraine ($30.2M), Finland ($27.4M), and Belarus ($25.8M).

In 2020 the top exports of Tambov Region were Cereals: wheat and meslin, other than... ($62.2M), Sunflower seeds ($26.7M), Beet-pulp, bagasse & other waste of... ($20.3M), Swine carcasses and half carcasses, fresh... ($19.2M), and Refined sugar, in solid form, nes,... ($16.6M).

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Exports Dynamics

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Fastest Growing Exports Destination (Nov 2019 - Nov 2020)

Rapidly Declining Export Origins (Nov 2019 - Nov 2020)

Yearly Imports

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Value
Depth

Top Origin (2020): Ukraine, $27.2M

Top Import (2020): Machinery for treatment by temperature change..., $24.4M

In 2020 the top import origins of Tambov Region were Ukraine ($27.2M), China ($23.6M), Netherlands ($20.9M), France ($17.9M), and Belarus ($11.2M).

In 2020 the top imports of Tambov Region were Machinery for treatment by temperature change... ($24.4M), Birds' eggs, in shell: fresh, fertilised... ($20.5M), Iron or non-alloy steel: in coils,... ($16.5M), Aniline and its salts ($9.44M), and Iron or non-alloy steel: in coils,... ($8.96M).

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Imports Dynamics

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Fastest Growing Import Origins (Nov 2019 - Nov 2020)

Rapidly Declining Import Origins (Nov 2019 - Nov 2020)

Economic Complexity

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Economic Complexity of Russia

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Tambov Region ranks 12th out of the 85 districts in Russia according to ECI.

Estimated using exports data.

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Economic Complexity Ranking

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Scale

The economic complexity of a territory can change year to year. Tambov Region it is in position 12th 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 Tambov Region already has a comparative advantage, are led by Soybean Meal (0.073), Processed Cereals (0.066), Chocolate (0.066), Cheese (0.064), and Animal Food (0.064).

Most Complex Products by PCI

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The highest complexity exports of Tambov Region according to the product complexity index (PCI) are Transmissions (1.59), Lubricating Products (1.51), Acrylic Polymers (1.41), Other Heating Machinery (1.27), and Amino-resins (1.25). 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 Starch Residue (265), Molasses (245), Yeast (176), Seed Oils (123), and Leather of Other Animals (100).

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