Vladimir Region

Federal subject in CENTRAL FEDERAL DISTRICT, district of Russia

2019
Economic
Complexity
: 0.075, Rank 11 of 64

Nov 2020
Trade
Exports | Imports
: $57M | $121M, 52 of 85 | 19 of 84

Nov 2020
Country
Destination | Origin
: Kazakhstan | China , $13M  | $18.4M

Nov 2020
Product
Exports | Imports
: Chocolate | Chocolate , $8.17M  | $14.7M

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

Exports: In 2020, Russia's Vladimir Region exported $548M, making it the 53rd largest exporter out of the 85 exporters in Russia. In 2020 the top exports of Vladimir Region were Plywood; with sheets of wood only;... ($46.7M), Chocolate/cocoa food preparations nes ($32.2M), Vaccines: for veterinary medicine ($30.4M), Sugar confectionery not chewing gum, no... ($29.1M), and Prepared explosives, except propellent powders ($18.7M).

Imports: In 2020, Russia's Vladimir Region imported $1.15B, making it the 20th largest importer out of the 85 importers in Russia. In 2020 top imports of Vladimir Region were Chocolate/cocoa food preparations nes ($82.6M), Amino-resins; n.e.c. in heading no. 3909,... ($59.7M), Communion wafers, rice paper, bakers wares... ($52.8M), Cocoa butter, fat, oil ($49.1M), and Extracts, essences and concentrates: of coffee,... ($48.1M).

Economic Complexity: In 2019, the highest complexity exports of Vladimir Region according to the product complexity index (PCI) are Amino-resins (1.25), Navigation Equipment (1.21), Plastic Floor Coverings (1.09), Blood, antisera, vaccines, toxins and cultures (0.99), and Nickel Bars (0.93). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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Flow
Value
Reference Period

This section shows the differences between VLADIMIR REGION's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Russia's country profile.

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Yearly Exports

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Value
Depth

Top Destination (2020): Kazakhstan, $106M

Top Product (2020): Plywood; with sheets of wood only;..., $46.7M

In 2020 the top export destinations of Vladimir Region were Kazakhstan ($106M), Belarus ($86.9M), Uzbekistan ($33.8M), Germany ($31.6M), and Ukraine ($31.5M).

In 2020 the top exports of Vladimir Region were Plywood; with sheets of wood only;... ($46.7M), Chocolate/cocoa food preparations nes ($32.2M), Vaccines: for veterinary medicine ($30.4M), Sugar confectionery not chewing gum, no... ($29.1M), and Prepared explosives, except propellent powders ($18.7M).

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Exports Dynamics

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Fastest Growing Exports Destination (Nov 2019 - Nov 2020)

Rapidly Declining Export Origins (Nov 2019 - Nov 2020)

Yearly Imports

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Value
Depth

Top Origin (2020): China, $182M

Top Import (2020): Chocolate/cocoa food preparations nes, $82.6M

In 2020 the top import origins of Vladimir Region were China ($182M), Germany ($136M), Poland ($93.9M), Turkey ($90.7M), and Italy ($78.7M).

In 2020 the top imports of Vladimir Region were Chocolate/cocoa food preparations nes ($82.6M), Amino-resins; n.e.c. in heading no. 3909,... ($59.7M), Communion wafers, rice paper, bakers wares... ($52.8M), Cocoa butter, fat, oil ($49.1M), and Extracts, essences and concentrates: of coffee,... ($48.1M).

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Imports Dynamics

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Fastest Growing Import Origins (Nov 2019 - Nov 2020)

Rapidly Declining Import Origins (Nov 2019 - Nov 2020)

Economic Complexity

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Economic Complexity of Russia

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Vladimir Region ranks 11th out of the 85 districts in Russia according to ECI.

Estimated using exports data.

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Economic Complexity Ranking

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Scale

The economic complexity of a territory can change year to year. Vladimir Region it is in position 11th 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 Vladimir Region already has a comparative advantage, are led by Shaped Wood (0.12), Wood Crates (0.12), Processed Cereals (0.12), Rough Wood (0.12), and Plastic Building Materials (0.12).

Most Complex Products by PCI

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The highest complexity exports of Vladimir Region according to the product complexity index (PCI) are Amino-resins (1.25), Navigation Equipment (1.21), Plastic Floor Coverings (1.09), Blood, antisera, vaccines, toxins and cultures (0.99), and Nickel Bars (0.93). 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 Railway Track Fixtures (324), Plywood (105), Glass Bottles (87.9), Glass Fibers (81.6), and Confectionery Sugar (81.3).

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 Vladimir Region 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  Vladimir Region. These are products that tend to be co-exported with the products that Vladimir Region 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.