Trans-baikal TerritoryFederal subject in FAR EAST FEDERAL DISTRICT, district of Russia
2019 Economic Complexity: -1.1, Rank 62 of 64
Nov 2020 Trade Exports | Imports: $81.2M | $37.4M, 46 of 85 | 46 of 84
Nov 2020 Country Destination | Origin: China | China , $79.9M | $30.4M
Nov 2020 Product Exports | Imports: Lead Ore | Other Stone Articles , $29.9M | $3.66M
Overview: This page contains the latest international trade data for TRANS-BAIKAL TERRITORY, including export and import data.
Exports: In 2020, Russia's Trans-baikal Territory exported $901M, making it the 38th largest exporter out of the 85 exporters in Russia. In 2020 the top exports of Trans-baikal Territory were Copper ores and concentrates ($499M), Lead ores and concentrates ($170M), Iron ore, concentrate, not iron pyrites,unagglomerate ($106M), Zinc ores and concentrates ($44.7M), and Lignite, not agglomerated ($18.5M).
Imports: In 2020, Russia's Trans-baikal Territory imported $366M, making it the 43rd largest importer out of the 85 importers in Russia. In 2020 top imports of Trans-baikal Territory were Articles of stone or of other... ($46.7M), Amino-alcohol-phenols etc with oxygen function ($19.2M), Peppers (Capsicum, Pimenta) fresh or chilled ($13.1M), Bulldozers and angledozers, crawler type ($12.9M), and Machines to sort, screen, wash stone,... ($11.9M).
Economic Complexity: In 2019, the highest complexity exports of Trans-baikal Territory according to the product complexity index (PCI) are Binoculars and Telescopes (0.6), Chocolate (0.11), Oats (-0.12), Rapeseed (-0.18), and Raw Furskins (-0.19). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In November 2020 TRANS-BAIKAL TERRITORY exported $81.2M and imported $37.4M, resulting in a positive trade balance of $43.7M. Between November 2019 and November 2020 the exports of TRANS-BAIKAL TERRITORY have increased by $10.5M (14.8%) from $70.7M to $81.2M, while imports increased by $4.01M (12%) from $33.4M to $37.4M.
Trade: In November 2020, the top exports of TRANS-BAIKAL TERRITORY were Lead Ore ($29.9M), Copper Ore ($26.8M), Iron Ore ($13.2M), Rapeseed ($3.87M), and Zinc Ore ($2.59M). In November 2020 the top imports of TRANS-BAIKAL TERRITORY were Other Stone Articles ($3.66M), Oxygen Amino Compounds ($2.62M), Telephones ($2.2M), Buses ($2.1M), and Large Construction Vehicles ($1.99M).
Destinations: In November 2020, TRANS-BAIKAL TERRITORY exported mostly to China ($79.9M), South Korea ($757k), Thailand ($386k), Mongolia ($77.9k), and Ukraine ($33.9k), and imported mostly from China ($30.4M), Turkey ($1.79M), Estonia ($1.71M), Finland ($1.05M), and Sweden ($868k).
Growth: In November 2020, the increase in TRANS-BAIKAL TERRITORY's year-by-year exports was explained primarily by an increase in exports to China ($12.2M or 18.1%), South Korea ($657k or 662%), and Ukraine ($32.1k or 1.88k%), and product exports increase in Lead Ore ($10.4M or 53.4%), Iron Ore ($4.64M or 54.3%), and Rapeseed ($3.42M or 773%). In November 2020, the increase in TRANS-BAIKAL TERRITORY's year-by-year imports was explained primarily by an increase in imports from Finland ($1.04M or 18.6k%), Sweden ($713k or 462%), and Italy ($269k or 2.55k%), and product imports increase in Other Cast Iron Products ($1.9M or 19.4k%), Lifting Machinery ($1.69M or 10.7k%), and Oxygen Amino Compounds ($1.61M or 159%).
EXPORT GROWTH (November 2019 - November 2020): $10.5M, (14.8%)
IMPORT GROWTH (November 2019 - November 2020): $4.01M, (12%)
This section shows exports and imports data at subnational level for TRANS-BAIKAL TERRITORY. 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 TRANS-BAIKAL TERRITORY over time.
This section shows the differences between TRANS-BAIKAL TERRITORY's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Russia's country profile.
Top Destination (2020): China, $858M
Top Product (2020): Copper ores and concentrates, $499M
In 2020 the top export destinations of Trans-baikal Territory were China ($858M), Kazakhstan ($31.8M), South Korea ($5.38M), Mongolia ($1.79M), and Thailand ($1.52M).
In 2020 the top exports of Trans-baikal Territory were Copper ores and concentrates ($499M), Lead ores and concentrates ($170M), Iron ore, concentrate, not iron pyrites,unagglomerate ($106M), Zinc ores and concentrates ($44.7M), and Lignite, not agglomerated ($18.5M).
Top Origin (2020): China, $338M
Top Import (2020): Articles of stone or of other..., $46.7M
In 2020 the top import origins of Trans-baikal Territory were China ($338M), Italy ($3.85M), Czechia ($3.83M), Germany ($3.82M), and Finland ($3.33M).
In 2020 the top imports of Trans-baikal Territory were Articles of stone or of other... ($46.7M), Amino-alcohol-phenols etc with oxygen function ($19.2M), Peppers (Capsicum, Pimenta) fresh or chilled ($13.1M), Bulldozers and angledozers, crawler type ($12.9M), and Machines to sort, screen, wash stone,... ($11.9M).
Trans-baikal Territory ranks 62nd 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. Trans-baikal Territory it is in position 62nd considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Trans-baikal Territory already has a comparative advantage, are led by Shaped Wood (0.038), Petroleum Gas (0.037), Processed Cereals (0.034), Fuel Wood (0.033), and Other Nuts (0.033).
The highest complexity exports of Trans-baikal Territory according to the product complexity index (PCI) are Binoculars and Telescopes (0.6), Chocolate (0.11), Oats (-0.12), Rapeseed (-0.18), and Raw Furskins (-0.19). 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 Lead Ore (803), Lignite (235), Copper Ore (106), Zinc Ore (57.7), and Oats (32.7).
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 Trans-baikal Territory 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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