Overview This page contains the latest international trade data for TVER REGION. In January 2022 TVER REGION was the number 57 in total exports and the number 40 in total imports in Russia.

Exports In 2021, Russia's Tver Region exported $603M, making it the 57th largest exporter out of the 85 exporters in Russia. In 2021 the top exports of Tver Region were Railway passenger and special purpose coaches ($272M), Wood; coniferous species, of fir (Abies... ($27.4M), Leather: further prepared after tanning or... ($22.9M), Aluminium unwrought, alloyed ($21.1M), and Thin sheets (voiles) of glass fibres ($15M).

Imports In 2021, Russia's Tver Region imported $678M, making it the 40th largest importer out of the 85 importers in Russia. In 2021 top imports of Tver Region were Coffee, not roasted, not decaffeinated ($41.8M), Sausages, similar products of meat, meat... ($35.4M), Parts of cranes, work-trucks, shovels, constr... ($33.2M), Articles of iron or steel, nes ($20.3M), and Manganese, articles thereof, waste or scrap ($15.6M).

Economic Complexity In 2020, the highest complexity exports of Tver Region according to the product complexity index (PCI) are Rock Wool (0.52), Railway Passenger Cars (0.3), Leather of Other Animals (-0.87), Oxometallic or Peroxometallic Acid Salts (undefined), and Glass Fibers (0.47). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

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Yearly Exports

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Top Destination (2021): Egypt, $168M

Top Product (2021): Railway passenger and special purpose coaches, $272M

In 2021 the top export destinations of Tver Region were Egypt ($168M), Kazakhstan ($80.1M), Belarus ($66.9M), Hungary ($38.4M), and Ukraine ($28.3M).

In 2021 the top exports of Tver Region were Railway passenger and special purpose coaches ($272M), Wood; coniferous species, of fir (Abies... ($27.4M), Leather: further prepared after tanning or... ($22.9M), Aluminium unwrought, alloyed ($21.1M), and Thin sheets (voiles) of glass fibres ($15M).

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Exports Dynamics

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Fastest Growing Exports Destination (Jan 2021 - Jan 2022)

Rapidly Declining Export Origins (Jan 2021 - Jan 2022)

Yearly Imports

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Top Origin (2021): China, $137M

Top Import (2021): Coffee, not roasted, not decaffeinated, $41.8M

In 2021 the top import origins of Tver Region were China ($137M), Belarus ($81.3M), Italy ($76.8M), Germany ($55.4M), and Japan ($51.1M).

In 2021 the top imports of Tver Region were Coffee, not roasted, not decaffeinated ($41.8M), Sausages, similar products of meat, meat... ($35.4M), Parts of cranes, work-trucks, shovels, constr... ($33.2M), Articles of iron or steel, nes ($20.3M), and Manganese, articles thereof, waste or scrap ($15.6M).

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Imports Dynamics

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Fastest Growing Import Origins (Jan 2021 - Jan 2022)

Rapidly Declining Import Origins (Jan 2021 - Jan 2022)

Economic Complexity

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Economic Complexity of Tver Region

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Economic Complexity (2021): 0.055

Tver Region ranks 11th 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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The economic complexity of a territory can change year to year. Tver Region it is in position 11th 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 Particle Board (0.11), Sausages (0.11), Chocolate (0.11), Veneer Sheets (0.11), and Cheese (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 Rock Wool (0.52), Railway Passenger Cars (0.3), Leather of Other Animals (-0.87), Oxometallic or Peroxometallic Acid Salts (undefined), and Glass Fibers (0.47). 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 (5084.1), Leather of Other Animals (813.0), Oxometallic or Peroxometallic Acid Salts (68.7), Raw Furskins (52.9), and Glass Fibers (36.1).

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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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.