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Overview This page contains the latest international trade data for URALS FEDERAL DISTRICT. In January 2022 URALS FEDERAL DISTRICT was the number 5 in total exports and the number 4 in total imports in Russia.

Exports In 2021, Russia's Urals Federal District exported $3.76B, making it the 5th largest exporter out of the 8 exporters in Russia. In 2021 the top exports of Urals Federal District were Petroleum oils, oils from bituminous minerals,... ($15.1B), Natural gas, liquefied ($4.45B), Light petroleum distillates nes ($3.49B), Copper cathodes and sections of cathodes... ($1.98B), and Wire of refined copper > 6mm... ($1.7B).

Imports In 2021, Russia's Urals Federal District imported $1.41B, making it the 4th largest importer out of the 8 importers in Russia. In 2021 top imports of Urals Federal District were Machinery for liquefying air or other... ($1.29B), Commodities not specified according to kind ($1.28B), Iron ore, concentrate, not iron pyrites,unagglomerate ($730M), Tankers ($612M), and Distilling or rectifying plant ($382M).

Economic Complexity In 2021, the highest complexity exports of Urals Federal District according to the product complexity index (PCI) are Flat Flat-Rolled Steel (1.44), Steel Wire (1.07), Electric Locomotives (0.9), Electrical Insulators (0.82), Refractory Bricks (0.72), Rock Wool (0.63), Iron Railway Products (0.58), Acyclic Hydrocarbons (0.58), Titanium (0.49), and Copper Powder (0.46). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2021)China$8.98B

In 2021 the top export destinations of Urals Federal District were China ($8.98B), Netherlands ($7.47B), Germany ($2.85B), Turkey ($2.16B), and Kazakhstan ($2.07B).

In 2021 the top exports of Urals Federal District were Petroleum oils, oils from bituminous minerals,... ($15.1B), Natural gas, liquefied ($4.45B), Light petroleum distillates nes ($3.49B), Copper cathodes and sections of cathodes... ($1.98B), and Wire of refined copper > 6mm... ($1.7B).

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Exports (2021)
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Destinations (2021)
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Exports Dynamics

Fastest Growing Exports Destination (Jan 2021 - Jan 2022)
Germany $212M (169%)
China $167M (24%)
Finland $147M (4.73k%)
Rapidly Declining Export Origins (Jan 2021 - Jan 2022)
Turkey -$64.8M (-48.5%)
Belarus -$48.2M (-53.2%)
Taiwan -$44.3M (-79.6%)

Export Destinations of URALS FEDERAL DISTRICT (Jan 2021 - Jan 2022)

Yearly Imports

Color
Depth
Top Origin (2021)China$3.32B

In 2021 the top import origins of Urals Federal District were China ($3.32B), Kazakhstan ($2.52B), Germany ($1.22B), South Korea ($928M), and France ($809M).

In 2021 the top imports of Urals Federal District were Machinery for liquefying air or other... ($1.29B), Commodities not specified according to kind ($1.28B), Iron ore, concentrate, not iron pyrites,unagglomerate ($730M), Tankers ($612M), and Distilling or rectifying plant ($382M).

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Imports (2021)
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Origins (2021)
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Imports Dynamics

Fastest Growing Import Origins (Jan 2021 - Jan 2022)
China $317M (260%)
South Korea $66.6M (22.4%)
Germany $45M (115%)
Rapidly Declining Import Origins (Jan 2021 - Jan 2022)
Chile -$9.47M (-84.5%)
France -$6.84M (-20.5%)
Netherlands -$4.16M (-43.1%)

Import Origins of URALS FEDERAL DISTRICT (Jan 2021 - Jan 2022)

Economic Complexity

Economic Complexity of Urals Federal District

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Economic Complexity (2021)-0.15

Urals Federal District ranks 2nd out of the 8 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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ECI comparison Russia between districts (2021)

Economic Complexity Ranking

Value

The economic complexity of a territory can change year to year. Urals Federal District it is in position 2nd considering its ECI in the last year.

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ECI Rank by District

Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Urals Federal District already has a comparative advantage, are led by Sulphur (0.13), Iron Ore (0.13), Ammonia (0.13), Chromium Ore (0.12), and Iron Ingots (0.12).

Most Complex Products by PCI

The highest complexity exports of Urals Federal District according to the product complexity index (PCI) are Flat Flat-Rolled Steel (1.44), Steel Wire (1.07), Electric Locomotives (0.9), Electrical Insulators (0.82), Refractory Bricks (0.72), Rock Wool (0.63), Iron Railway Products (0.58), Acyclic Hydrocarbons (0.58), Titanium (0.49), and Copper Powder (0.46). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Slag Dross (82.76), Copper Wire (36.39), Titanium (28.55), Hot-Rolled Iron (19.47), and Copper Powder (18.21).

Product Space

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 Urals Federal District 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

This network shows the products most related to the production structure of  Urals Federal District. These are products that tend to be co-exported with the products that Urals Federal District 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.

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