Udmurtian Republic

Federal subject in VOLGA FEDERAL DISTRICT, district of Russia

Exports (2019): $602M, Rnk 56/85

Top Destination (2019): $162M, Egypt

Top Export (2019): $374M, Commodities not specified according to kind

Imports (2019): $364M, Rnk 46/85

Top Origin (2019): $77.1M, China

Top Import (2019): $25.1M, Steering wheels, columns & boxes for...

Economic Complexity (2019): 0.044, Rnk 13 / 85

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

Exports: In 2019, Russia's Udmurtian Republic exported $602M, making it the 56th largest exporter out of the 85 exporters in Russia. In 2019 the top exports of Udmurtian Republic were Commodities not specified according to kind ($374M), Medium Sized Cars ($49.4M), Special purpose motor vehicles nes ($26.1M), Iron or non-alloy steel: bars and... ($15.4M), and Bar/rod, alloy steel nes,nfw hot rolled/drawn/extrude ($7.8M).

Imports: In 2019, Russia's Udmurtian Republic imported $364M, making it the 46th largest importer out of the 85 importers in Russia. In 2019 top imports of Udmurtian Republic were Steering wheels, columns & boxes for... ($25.1M), Electronic integrated circuits: n.e.c. in heading... ($16.8M), Electrical switches for < 1,000 volts,... ($12.1M), Motor vehicle mountings, fittings, of base... ($11.4M), and Motor vehicle parts nes ($11.1M).

Economic Complexity: In 2019, the highest complexity exports of Udmurtian Republic according to the product complexity index (PCI) are Alkaline Metals (-0.095), Nonaqueous Pigments (N/A), Liquid Pumps (1.38), Flat-Rolled Iron (1.18), and Locomotive Parts (0.99). 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): Egypt, $162M

Top Product (2019): Commodities not specified according to kind, $374M

In 2019 the top export destinations of Udmurtian Republic were Egypt ($162M), Algeria ($123M), Saudi Arabia ($101M), Kazakhstan ($49.1M), and Uzbekistan ($36.3M).

In 2019 the top exports of Udmurtian Republic were Commodities not specified according to kind ($374M), Medium Sized Cars ($49.4M), Special purpose motor vehicles nes ($26.1M), Iron or non-alloy steel: bars and... ($15.4M), and Bar/rod, alloy steel nes,nfw hot rolled/drawn/extrude ($7.8M).

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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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Year

Top Origin (2019): China, $77.1M

Top Import (2019): Steering wheels, columns & boxes for..., $25.1M

In 2019 the top import origins of Udmurtian Republic were China ($77.1M), Poland ($42.1M), Romania ($28.1M), South Korea ($26.6M), and Czechia ($21.8M).

In 2019 the top imports of Udmurtian Republic were Steering wheels, columns & boxes for... ($25.1M), Electronic integrated circuits: n.e.c. in heading... ($16.8M), Electrical switches for < 1,000 volts,... ($12.1M), Motor vehicle mountings, fittings, of base... ($11.4M), and Motor vehicle parts nes ($11.1M).

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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 UDMURTIAN REPUBLIC throughout time.

This section shows forecasts for total exports and imports from UDMURTIAN REPUBLIC. 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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Udmurtian Republic ranks 13th 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 Udmurtian Republic already has a comparative advantage, are led by Fuel Wood (0.058), Shaped Wood (0.058), Wood Carpentry (0.057), Rapeseed Oil (0.057), and Railway Track Fixtures (0.057).

Most Complex Products by PCI

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The highest complexity exports of Udmurtian Republic according to the product complexity index (PCI) are Alkaline Metals (-0.095), Nonaqueous Pigments (N/A), Liquid Pumps (1.38), Flat-Rolled Iron (1.18), and Locomotive Parts (0.99). 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 Alkaline Metals (249), Nonaqueous Pigments (66.7), Specialized Vehicles (59.3), Other Metals (33.2), and Raw Iron Bars (30.8).

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 Udmurtian Republic 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  Udmurtian Republic. These are products that tend to be co-exported with the products that Udmurtian Republic 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.