Vladimir RegionFederal 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.
Overview: In November 2020 VLADIMIR REGION exported $57M and imported $121M, resulting in a negative trade balance of $64.2M. Between November 2019 and November 2020 the exports of VLADIMIR REGION have decreased by $-589k (-1.02%) from $57.6M to $57M, while imports decreased by $-28.6M (-19.1%) from $150M to $121M.
Trade: In November 2020, the top exports of VLADIMIR REGION were Chocolate ($8.17M), Plywood ($4.8M), Glass Fibers ($2.94M), Confectionery Sugar ($2.78M), and Navigation Equipment ($2.59M). In November 2020 the top imports of VLADIMIR REGION were Chocolate ($14.7M), Baked Goods ($9.24M), Amino-resins ($8.55M), Polyacetals ($5.47M), and Cocoa Butter ($4.97M).
Destinations: In November 2020, VLADIMIR REGION exported mostly to Kazakhstan ($13M), Belarus ($9.92M), Uzbekistan ($4.44M), Ukraine ($4M), and Armenia ($3.83M), and imported mostly from China ($18.4M), Germany ($13.9M), Poland ($11.6M), Turkey ($11.2M), and Italy ($10.8M).
Growth: In November 2020, the decrease in VLADIMIR REGION's year-by-year exports was explained primarily by an decrease in exports to Saudi Arabia ($-2.14M or -93.1%), Belarus ($-1.39M or -12.3%), and Georgia ($-1.23M or -66.8%), and product exports decrease in Blood, antisera, vaccines, toxins and cultures ($-3.56M or -90.3%), Railway Track Fixtures ($-2.11M or -68.6%), and Glass Bottles ($-982k or -47.8%). In November 2020, the decrease in VLADIMIR REGION's year-by-year imports was explained primarily by an decrease in imports from Switzerland ($-16M or -93.6%), Italy ($-3.07M or -22.2%), and France ($-2.54M or -79%), and product imports decrease in Blood, antisera, vaccines, toxins and cultures ($-18.2M or -95.5%), Coffee and Tea Extracts ($-2.49M or -40.6%), and Locomotive Parts ($-2.47M or -69.7%).
EXPORT GROWTH (November 2019 - November 2020): $-589k, (-1.02%)
IMPORT GROWTH (November 2019 - November 2020): $-28.6M, (-19.1%)
This section shows exports and imports data at subnational level for VLADIMIR REGION. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of VLADIMIR REGION over time.
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.
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).
Fastest Growing Exports Destination (Nov 2019 - Nov 2020)
Rapidly Declining Export Origins (Nov 2019 - Nov 2020)
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).
Vladimir Region ranks 11th out of the 85 districts in Russia according to ECI.
Estimated using exports data.
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.
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).
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.
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.
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.
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v4.0.7 bee