Urals Federal District

District in Russia

Exports (2019): $35.5B, Rnk 4/8

Top Destination (2019): $7.15B, Netherlands

Top Export (2019): $15.7B, Petroleum oils, oils from bituminous minerals,...

Imports (2019): $10.1B, Rnk 4/8

Top Origin (2019): $2.24B, China

Top Import (2019): $614M, Copper ores and concentrates

Economic Complexity (2019): -0.28, Rnk 2 / 8

Overview: This page contains the latest international trade data for URALS FEDERAL DISTRICT, including export and import data.

Exports: In 2019, Russia's Urals Federal District exported $35.5B, making it the 4th largest exporter out of the 8 exporters in Russia. In 2019 the top exports of Urals Federal District were Petroleum oils, oils from bituminous minerals,... ($15.7B), Light petroleum distillates nes ($3.75B), Natural gas, liquefied ($3.33B), Commodities not specified according to kind ($1.78B), and Copper cathodes and sections of cathodes... ($974M).

Imports: In 2019, Russia's Urals Federal District imported $10.1B, making it the 4th largest importer out of the 8 importers in Russia. In 2019 top imports of Urals Federal District were Copper ores and concentrates ($614M), Commodities not specified according to kind ($456M), Iron ore, concentrate, not iron pyrites,unagglomerate ($385M), Distilling or rectifying plant ($315M), and Taps, cocks, valves and similar appliances,... ($253M).

Economic Complexity: In 2019, the highest complexity exports of Urals Federal District according to the product complexity index (PCI) are N/A. 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): Netherlands, $7.15B

Top Product (2019): Petroleum oils, oils from bituminous minerals,..., $15.7B

In 2019 the top export destinations of Urals Federal District were Netherlands ($7.15B), China ($5.33B), Germany ($2.65B), Norway ($1.76B), and Kazakhstan ($1.65B).

In 2019 the top exports of Urals Federal District were Petroleum oils, oils from bituminous minerals,... ($15.7B), Light petroleum distillates nes ($3.75B), Natural gas, liquefied ($3.33B), Commodities not specified according to kind ($1.78B), and Copper cathodes and sections of cathodes... ($974M).

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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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Top Origin (2019): China, $2.24B

Top Import (2019): Copper ores and concentrates, $614M

In 2019 the top import origins of Urals Federal District were China ($2.24B), Kazakhstan ($1.87B), Germany ($1.24B), Italy ($490M), and United States ($370M).

In 2019 the top imports of Urals Federal District were Copper ores and concentrates ($614M), Commodities not specified according to kind ($456M), Iron ore, concentrate, not iron pyrites,unagglomerate ($385M), Distilling or rectifying plant ($315M), and Taps, cocks, valves and similar appliances,... ($253M).

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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 URALS FEDERAL DISTRICT throughout time.

This section shows forecasts for total exports and imports from URALS FEDERAL DISTRICT. 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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Urals Federal District ranks 2nd out of the 8 districts 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 Urals Federal District already has a comparative advantage, are led by Iron Reductions (0.13), Iron Ore (0.12), Sulphur (0.12), Raw Aluminium (0.11), and Radioactive Chemicals (0.11).

Most Complex Products by PCI

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Most Specialized Products by RCA Index

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The most specialized products according to the RCA index are led by Titanium (47.6), Other Large Iron Pipes (28.9), Other Metals (18.2), Copper Wire (17.7), and Aluminium Powder (13.6).

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

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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 โ€‹โ€‹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.