TRANS-BAIKAL TERRITORYFederal subject in FAR EAST FEDERAL DISTRICT, district of Russia
2021 Economic Complexity : -0.99, Rank 58 of 61
Jan 2022 Trade Exports | Imports: $26.1M | $14.8M, 61 of 85 | 63 of 83
Jan 2022 Country Destination | Origin: Republic of the Congo | China , $14.3M | $13.4M
Jan 2022 Product Exports | Imports: Commodities not specified according to kind | Machines for public works, building etc, nes , $14.3M | $1.48M
Overview This page contains the latest international trade data for TRANS-BAIKAL TERRITORY. In January 2022 TRANS-BAIKAL TERRITORY was the number 44 in total exports and the number 42 in total imports in Russia.
Exports In 2021, Russia's Trans-baikal Territory exported $26.1M, making it the 44th largest exporter out of the 85 exporters in Russia. In 2021 the top exports of Trans-baikal Territory were Copper ores and concentrates ($831M), Iron ore, concentrate, not iron pyrites,unagglomerate ($278M), Lead ores and concentrates ($146M), Zinc ores and concentrates ($53.8M), and Commodities not specified according to kind ($36M).
Imports In 2021, Russia's Trans-baikal Territory imported $14.8M, making it the 42nd largest importer out of the 85 importers in Russia. In 2021 top imports of Trans-baikal Territory were Machines to sort, screen, wash stone,... ($119M), Apparatus for electro-plating, electrolysis, etc ($73.4M), Amino-alcohol-phenols etc with oxygen function ($31.7M), Shovels and excavators with revolving superstructure ($27.2M), and Articles of stone or of other... ($27.1M).
Economic Complexity In 2021, the highest complexity exports of Trans-baikal Territory according to the product complexity index (PCI) are Oats (-0.13), Baked Goods (-0.32), Ice Cream (-0.33), Radioactive Chemicals (-1.12), Sawn Wood (-1.33), Lead Ore (-1.41), Lignite (-1.43), Zinc Ore (-1.49), Copper Ore (-1.94), and Iron Ore (-1.94). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
January, 2022
Overview In January 2022 TRANS-BAIKAL TERRITORY exported $26.1M and imported $14.8M, resulting in a positive trade balance of $11.4M. Between January 2021 and January 2022 the exports of TRANS-BAIKAL TERRITORY have increased by $1.34M (5.42%) from $24.8M to $26.1M, while imports decreased by $-42.3M (-74.1%) from $57.1M to $14.8M.
Trade In January 2022, the top exports of TRANS-BAIKAL TERRITORY were Commodities not elsewhere specified ($14.3M), Lead Ore ($6.12M), Zinc Ore ($5.13M), Lignite ($222k), and Ice Cream ($174k). In January 2022 the top imports of TRANS-BAIKAL TERRITORY were Stone Processing Machines ($2.03M), Machinery Having Individual Functions ($1.5M), Telephones ($1.48M), Large Construction Vehicles ($1.18M), and Oxygen Amino Compounds ($944k).
Destinations In January 2022, TRANS-BAIKAL TERRITORY exported mostly to Republic of the Congo ($14.3M), China ($11.7M), Mongolia ($174k), and Kazakhstan ($2.73k), and imported mostly from China ($13.4M), New Zealand ($462k), Finland ($253k), Taiwan ($202k), and Australia ($131k).
Growth In January 2022, the increase in TRANS-BAIKAL TERRITORY's year-by-year exports was explained primarily by an increase in exports to Mongolia ($247k or 612%), and product exports increase in Lignite ($798k or 104%), Iron Ore ($332k or 2.58%), and Sawn Wood ($271k or 12.4%). In January 2022, the decrease in TRANS-BAIKAL TERRITORY's year-by-year imports was explained primarily by an decrease in imports from Australia ($-1.07M or -99.6%), Japan ($-36.5k or -99.8%), and India ($-34.1k or -71.8%), and product imports decrease in Other Stone Articles ($-1.68M or -35.7%), Refractory Ceramics ($-733k or -85.6%), and Rubber Tires ($-452k or -72.9%).
EXPORT GROWTH (January 2021 - January 2022): $1.34M, (5.42%)
IMPORT GROWTH (January 2021 - January 2022): $-42.3M, (-74.1%)
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.
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Top Destination (2021): China, $1.41B
Top Product (2021): Copper ores and concentrates, $831M
In 2021 the top export destinations of Trans-baikal Territory were China ($1.41B), Kazakhstan ($40.2M), Mongolia ($2.76M), Taiwan ($761k), and Czechia ($372k).
In 2021 the top exports of Trans-baikal Territory were Copper ores and concentrates ($831M), Iron ore, concentrate, not iron pyrites,unagglomerate ($278M), Lead ores and concentrates ($146M), Zinc ores and concentrates ($53.8M), and Commodities not specified according to kind ($36M).
Top Origin (2021): China, $436M
Top Import (2021): Machines to sort, screen, wash stone,..., $119M
In 2021 the top import origins of Trans-baikal Territory were China ($436M), Finland ($82.8M), Estonia ($34.3M), Germany ($13.8M), and United Kingdom ($13.1M).
In 2021 the top imports of Trans-baikal Territory were Machines to sort, screen, wash stone,... ($119M), Apparatus for electro-plating, electrolysis, etc ($73.4M), Amino-alcohol-phenols etc with oxygen function ($31.7M), Shovels and excavators with revolving superstructure ($27.2M), and Articles of stone or of other... ($27.1M).
Economic Complexity (2021): -0.99
Trans-baikal Territory ranks 58th 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. Trans-baikal Territory it is in position 58th 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 Coal Briquettes (0.036), Rough Wood (0.027), Wood Charcoal (0.023), Wheat Flours (0.021), and Pasta (0.02).
The highest complexity exports of Trans-baikal Territory according to the product complexity index (PCI) are Oats (-0.13), Baked Goods (-0.32), Ice Cream (-0.33), Radioactive Chemicals (-1.12), Sawn Wood (-1.33), Lead Ore (-1.41), Lignite (-1.43), Zinc Ore (-1.49), Copper Ore (-1.94), and Iron Ore (-1.94). 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 (284.5), Copper Ore (151.0), Lignite (81.5), Zinc Ore (67.3), and Radioactive Chemicals (34.4).
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. Bubble size corresponds to exports value by year 2020.
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