Tula Region

Federal subject in CENTRAL FEDERAL DISTRICT, district of Russia

Exports (2019): $3.01B, Rnk 27/85

Top Destination (2019): $320M, United States

Top Export (2019): $883M, Commodities not specified according to kind

Imports (2019): $1.11B, Rnk 23/85

Top Origin (2019): $246M, China

Top Import (2019): $134M, Rectangular iron or non-alloy steel bars,...

Economic Complexity (2019): -0.21, Rnk 29 / 85

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

Exports: In 2019, Russia's Tula Region exported $3.01B, making it the 27th largest exporter out of the 85 exporters in Russia. In 2019 the top exports of Tula Region were Commodities not specified according to kind ($883M), Pig iron, non-alloy, <0.5% phosphorus ($564M), Urea, including aqueous solution in packs... ($268M), Methyl alcohol ($196M), and Vanadium oxides and hydroxides ($178M).

Imports: In 2019, Russia's Tula Region imported $1.11B, making it the 23rd largest importer out of the 85 importers in Russia. In 2019 top imports of Tula Region were Rectangular iron or non-alloy steel bars,... ($134M), Palm oil or fractions simply refined ($48.7M), Acrylic polymers nes, in primary forms ($42.2M), Birds' eggs, in shell: fresh, fertilised... ($30.8M), and Agricultural, bee-keeping plant nes, germination plan ($30M).

Economic Complexity: In 2019, the highest complexity exports of Tula Region according to the product complexity index (PCI) are Other Measuring Instruments (1.44), Amino-resins (1.28), Ketones and Quinones (1.26), Non-woven Textiles (1.05), and LCDs (1.05). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Top Destination (2019): United States, $320M

Top Product (2019): Commodities not specified according to kind, $883M

In 2019 the top export destinations of Tula Region were United States ($320M), Algeria ($235M), United Arab Emirates ($213M), Belarus ($196M), and Czechia ($185M).

In 2019 the top exports of Tula Region were Commodities not specified according to kind ($883M), Pig iron, non-alloy, <0.5% phosphorus ($564M), Urea, including aqueous solution in packs... ($268M), Methyl alcohol ($196M), and Vanadium oxides and hydroxides ($178M).

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Export Dynamics

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Fastest Growing Exports Destination (June 2019 - June 2020)

Rapidly Declining Export Origins (June 2019 - June 2020)

Yearly Imports

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Depth
Year

Top Origin (2019): China, $246M

Top Import (2019): Rectangular iron or non-alloy steel bars,..., $134M

In 2019 the top import origins of Tula Region were China ($246M), Ukraine ($153M), Germany ($113M), Belarus ($59.1M), and Indonesia ($53.2M).

In 2019 the top imports of Tula Region were Rectangular iron or non-alloy steel bars,... ($134M), Palm oil or fractions simply refined ($48.7M), Acrylic polymers nes, in primary forms ($42.2M), Birds' eggs, in shell: fresh, fertilised... ($30.8M), and Agricultural, bee-keeping plant nes, germination plan ($30M).

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Import Dynamics

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Fastest Growing Import Origins (June 2019 - June 2020)

Rapidly Declining Import Origins (June 2019 - June 2020)

Comparison in Time

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This section shows differences between total trade from TULA REGION throughout time.

This section shows forecasts for total exports and imports from TULA REGION. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

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Economic Complexity

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Economic Complexity of Russia

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Tula Region ranks 29th out of the 85 federal subjects in Russia according to ECI.

Estimated using exports data.

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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 Tula Region already has a comparative advantage, are led by Refined Petroleum (0.087), Other Mineral (0.087), Processed Cereals (0.085), Hot-Rolled Iron (0.083), and Other Vegetable Residues (0.083).

Most Complex Products by PCI

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The highest complexity exports of Tula Region according to the product complexity index (PCI) are Other Measuring Instruments (1.44), Amino-resins (1.28), Ketones and Quinones (1.26), Non-woven Textiles (1.05), and LCDs (1.05). 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 Pig Iron (707), Inorganic Salts (232), Nitrogenous Fertilizers (114), Wheat Gluten (107), and Tar (105).

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