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

Exports In 2020, Russia's Udmurtian Republic exported $523M, making it the 56th largest exporter out of the 85 exporters in Russia. In 2020 the top exports of Udmurtian Republic were Commodities not specified according to kind ($279M), Petroleum oils, oils from bituminous minerals,... ($34.2M), Medium Sized Cars ($31.7M), Special purpose motor vehicles nes ($19.1M), and Iron or non-alloy steel: bars and... ($12.4M).

Imports In 2020, Russia's Udmurtian Republic imported $344M, making it the 46th largest importer out of the 85 importers in Russia. In 2020 top imports of Udmurtian Republic were Steering wheels, columns & boxes for... ($23.2M), Transmissions for motor vehicles ($17.9M), Electronic integrated circuits: n.e.c. in heading... ($10.5M), Motor vehicle parts nes ($10.2M), and Electrical control and distribution boards, <... ($9.19M).

Economic Complexity In 2020, the highest complexity exports of Udmurtian Republic according to the product complexity index (PCI) are Transmissions (1.59), Liquid Pumps (1.39), Valves (1.34), Flat-Rolled Iron (1.25), and Other Domestic Electric Housewares (1.02). 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 (2020): Egypt, $168M

Top Product (2020): Commodities not specified according to kind, $279M

In 2020 the top export destinations of Udmurtian Republic were Egypt ($168M), Algeria ($110M), Belarus ($65M), Kazakhstan ($51M), and Uzbekistan ($26.8M).

In 2020 the top exports of Udmurtian Republic were Commodities not specified according to kind ($279M), Petroleum oils, oils from bituminous minerals,... ($34.2M), Medium Sized Cars ($31.7M), Special purpose motor vehicles nes ($19.1M), and Iron or non-alloy steel: bars and... ($12.4M).

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Exports Dynamics

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Fastest Growing Exports Destination (Jun 2020 - Jun 2021)

Rapidly Declining Export Origins (Jun 2020 - Jun 2021)

Yearly Imports

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Top Origin (2020): China, $84M

Top Import (2020): Steering wheels, columns & boxes for..., $23.2M

In 2020 the top import origins of Udmurtian Republic were China ($84M), Poland ($38.8M), Romania ($28.2M), Germany ($20.8M), and South Korea ($19.3M).

In 2020 the top imports of Udmurtian Republic were Steering wheels, columns & boxes for... ($23.2M), Transmissions for motor vehicles ($17.9M), Electronic integrated circuits: n.e.c. in heading... ($10.5M), Motor vehicle parts nes ($10.2M), and Electrical control and distribution boards, <... ($9.19M).

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Imports Dynamics

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Fastest Growing Import Origins (Jun 2020 - Jun 2021)

Rapidly Declining Import Origins (Jun 2020 - Jun 2021)

Economic Complexity

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Economic Complexity of Russia

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Economic Complexity (2020): 0.18

Udmurtian Republic ranks 5th 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. Udmurtian Republic it is in position 5th 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 Udmurtian Republic already has a comparative advantage, are led by Fuel Wood (0.082), Wood Carpentry (0.081), Rapeseed Oil (0.081), Other Heating Machinery (0.08), and Oats (0.079).

Most Complex Products by PCI

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The highest complexity exports of Udmurtian Republic according to the product complexity index (PCI) are Transmissions (1.59), Liquid Pumps (1.39), Valves (1.34), Flat-Rolled Iron (1.25), and Other Domestic Electric Housewares (1.02). 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 (323.4), Specialized Vehicles (49.2), Raw Iron Bars (29.6), Other Steel Bars (29.5), and Iron Radiators (26.9).

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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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.