Udmurtian RepublicFederal 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.
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).
Fastest Growing Exports Destination (Sep 2019 - Sep 2020)
Rapidly Declining Export Origins (Sep 2019 - Sep 2020)
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).
Fastest Growing Import Origins (Sep 2019 - Sep 2020)
Rapidly Declining Import Origins (Sep 2019 - Sep 2020)
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.
Udmurtian Republic ranks 13th out of the 85 districts in Russia according to ECI.
Estimated using exports data.
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).
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.
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.
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.
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