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

Exports: In 2020, Russia's Tver Region exported $380M, making it the 60th largest exporter out of the 85 exporters in Russia. In 2020 the top exports of Tver Region were Railway passenger and special purpose coaches ($154M), Leather: further prepared after tanning or... ($14.2M), Wood; coniferous species, of fir (Abies... ($12.9M), Aluminium unwrought, alloyed ($9.94M), and Thin sheets (voiles) of glass fibres ($9.56M).

Imports: In 2020, Russia's Tver Region imported $503M, making it the 40th largest importer out of the 85 importers in Russia. In 2020 top imports of Tver Region were Coffee, not roasted, not decaffeinated ($23.6M), Parts of cranes, work-trucks, shovels, constr... ($20.1M), Articles of iron or steel, nes ($19.4M), Cheese except fresh, grated, processed or... ($17.4M), and DC motors, DC generators, of an... ($14.8M).

Economic Complexity: In 2019, the highest complexity exports of Tver Region according to the product complexity index (PCI) are Railway Passenger Cars (0.23), Leather of Other Animals (-1.13), Oxometallic or Peroxometallic Acid Salts (undefined), Corrugated Paper (undefined), and Electric Filament (1.01). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Time Scale
Flow
Value
Depth

EXPORT GROWTH (December 2019 - December 2020): $19.5M, (44.5%)

IMPORT GROWTH (December 2019 - December 2020): $11.7M, (24.6%)

This section shows exports and imports data at subnational level for TVER REGION. 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 TVER REGION over time.

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Historical Data

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Yearly Exports

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Value
Depth

Top Destination (2020): Egypt, $106M

Top Product (2020): Railway passenger and special purpose coaches, $154M

In 2020 the top export destinations of Tver Region were Egypt ($106M), Kazakhstan ($65M), Belarus ($48.5M), Ukraine ($23.8M), and Germany ($14.2M).

In 2020 the top exports of Tver Region were Railway passenger and special purpose coaches ($154M), Leather: further prepared after tanning or... ($14.2M), Wood; coniferous species, of fir (Abies... ($12.9M), Aluminium unwrought, alloyed ($9.94M), and Thin sheets (voiles) of glass fibres ($9.56M).

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Exports Dynamics

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Fastest Growing Exports Destination (Dec 2019 - Dec 2020)

Rapidly Declining Export Origins (Dec 2019 - Dec 2020)

Yearly Imports

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Value
Depth

Top Origin (2020): China, $89M

Top Import (2020): Coffee, not roasted, not decaffeinated, $23.6M

In 2020 the top import origins of Tver Region were China ($89M), Italy ($66.5M), Germany ($50.7M), Belarus ($40.5M), and Czechia ($38.1M).

In 2020 the top imports of Tver Region were Coffee, not roasted, not decaffeinated ($23.6M), Parts of cranes, work-trucks, shovels, constr... ($20.1M), Articles of iron or steel, nes ($19.4M), Cheese except fresh, grated, processed or... ($17.4M), and DC motors, DC generators, of an... ($14.8M).

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Imports Dynamics

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Fastest Growing Import Origins (Dec 2019 - Dec 2020)

Rapidly Declining Import Origins (Dec 2019 - Dec 2020)

Economic Complexity

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Economic Complexity of Russia

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Economic Complexity (2020): 0.21

Tver Region ranks 3rd 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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Scale

The economic complexity of a territory can change year to year. Tver Region it is in position 3rd 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 Tver Region already has a comparative advantage, are led by Veneer Sheets (0.11), Other Prepared Meat (0.11), Antifreeze (0.11), Soil Preparation Machinery (0.11), and Chocolate (0.11).

Most Complex Products by PCI

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The highest complexity exports of Tver Region according to the product complexity index (PCI) are Railway Passenger Cars (0.23), Leather of Other Animals (-1.13), Oxometallic or Peroxometallic Acid Salts (undefined), Corrugated Paper (undefined), and Electric Filament (1.01). 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 Railway Passenger Cars (N/A), Leather of Other Animals (705), Oxometallic or Peroxometallic Acid Salts (107), Corrugated Paper (76.8), and Fuel Wood (44.3).

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