VLADIMIR REGIONFederal subject in CENTRAL FEDERAL DISTRICT, district of Russia
2020 Economic Complexity : 0.13, Rank 9 of 61
Jan 2022 Trade Exports | Imports: $52.1M | $135M, 51 of 85 | 22 of 83
Jan 2022 Country Destination | Origin: Kazakhstan | China , $9.4M | $24.3M
Jan 2022 Product Exports | Imports: Plywood; with sheets of wood only; not bamboo;... | Amino-resins, polymethylene phenyl isocyanate (crude MDI, polymeric MDI)..., $4.7M | $14.3M
Overview This page contains the latest international trade data for VLADIMIR REGION. In January 2022 VLADIMIR REGION was the number 50 in total exports and the number 22 in total imports in Russia.
Exports In 2021, Russia's Vladimir Region exported $1.14B, making it the 50th largest exporter out of the 85 exporters in Russia. In 2021 the top exports of Vladimir Region were Vaccines, human use ($222M), Plywood; with sheets of wood only;... ($81.4M), Chocolate/cocoa food preparations nes ($45.8M), Commodities not specified according to kind ($39.7M), and Sugar confectionery not chewing gum, no... ($32.7M).
Imports In 2021, Russia's Vladimir Region imported $1.76B, making it the 22nd largest importer out of the 85 importers in Russia. In 2021 top imports of Vladimir Region were Amino-resins, polymethylene phenyl isocyanate (crude MDI,... ($159M), Chocolate/cocoa food preparations nes ($110M), Other polyethers ($92.2M), Communion wafers, rice paper, bakers wares... ($69.2M), and Cocoa butter, fat, oil ($52.7M).
Economic Complexity In 2020, the highest complexity exports of Vladimir Region according to the product complexity index (PCI) are Railway Track Fixtures (0.64), Glass Fibers (0.47), Interior Decorative Glassware (0.19), Asphalt (-0.099), and Asphalt Mixtures (-0.39). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
January, 2022
Overview In January 2022 VLADIMIR REGION exported $52.1M and imported $135M, resulting in a negative trade balance of $82.5M. Between January 2021 and January 2022 the exports of VLADIMIR REGION have increased by $11.3M (27.7%) from $40.8M to $52.1M, while imports increased by $36.3M (36.9%) from $98.4M to $135M.
Trade In January 2022, the top exports of VLADIMIR REGION were Chocolate ($7.27M), Plywood ($4.7M), Vaccines, blood, antisera, toxins and cultures ($4.54M), Glass Fibers ($3.98M), and Confectionery Sugar ($2.73M). In January 2022 the top imports of VLADIMIR REGION were Chocolate ($15.5M), Amino-resins ($15.3M), Polyacetals ($8.44M), Baked Goods ($7.96M), and Glass Fibers ($6.88M).
Destinations In January 2022, VLADIMIR REGION exported mostly to Kazakhstan ($9.4M), Belarus ($6.18M), Uzbekistan ($4.23M), Germany ($2.68M), and Poland ($2.58M), and imported mostly from China ($24.3M), Germany ($18.1M), Turkey ($11.4M), Italy ($8.47M), and Netherlands ($7.46M).
Growth In January 2022, the increase in VLADIMIR REGION's year-by-year exports was explained primarily by an increase in exports to Kazakhstan ($2.62M or 32.2%), Uzbekistan ($1.28M or 80.2%), and Belarus ($1.13M or 20.1%), and product exports increase in Chocolate ($1.19M or 27.8%), Locomotive Parts ($791k or 209k%), and Low-voltage Protection Equipment ($519k or 6.63k%). In January 2022, the increase in VLADIMIR REGION's year-by-year imports was explained primarily by an increase in imports from Netherlands ($3.13M or 98.4%), Germany ($2.89M or 30.5%), and Czechia ($2.81M or 266%), and product imports increase in Amino-resins ($4.86M or 102%), Glass Working Machines ($3.39M or 10k%), and Polyacetals ($1.43M or 36.6%).
EXPORT GROWTH (January 2021 - January 2022): $11.3M, (27.7%)
IMPORT GROWTH (January 2021 - January 2022): $36.3M, (36.9%)
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.
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Top Destination (2021): Kazakhstan, $268M
Top Product (2021): Vaccines, human use, $222M
In 2021 the top export destinations of Vladimir Region were Kazakhstan ($268M), Belarus ($152M), Uzbekistan ($73.3M), Argentina ($51.7M), and Ukraine ($44M).
In 2021 the top exports of Vladimir Region were Vaccines, human use ($222M), Plywood; with sheets of wood only;... ($81.4M), Chocolate/cocoa food preparations nes ($45.8M), Commodities not specified according to kind ($39.7M), and Sugar confectionery not chewing gum, no... ($32.7M).
Fastest Growing Exports Destination (Jan 2021 - Jan 2022)
Rapidly Declining Export Origins (Jan 2021 - Jan 2022)
Top Origin (2021): China, $310M
Top Import (2021): Amino-resins, polymethylene phenyl isocyanate (crude MDI,..., $159M
In 2021 the top import origins of Vladimir Region were China ($310M), Germany ($207M), Turkey ($132M), Italy ($110M), and Poland ($108M).
In 2021 the top imports of Vladimir Region were Amino-resins, polymethylene phenyl isocyanate (crude MDI,... ($159M), Chocolate/cocoa food preparations nes ($110M), Other polyethers ($92.2M), Communion wafers, rice paper, bakers wares... ($69.2M), and Cocoa butter, fat, oil ($52.7M).
Economic Complexity (2021): 0.13
Vladimir Region ranks 9th 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.
The economic complexity of a territory can change year to year. Vladimir Region it is in position 9th 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), Rough Wood (0.12), Plastic Building Materials (0.12), Milk (0.12), and Wood Fiberboard (0.11).
The highest complexity exports of Vladimir Region according to the product complexity index (PCI) are Railway Track Fixtures (0.64), Glass Fibers (0.47), Interior Decorative Glassware (0.19), Asphalt (-0.099), and Asphalt Mixtures (-0.39). 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 Prepared Explosives (317.9), Railway Track Fixtures (171.2), Plywood (81.9), Asphalt (67.2), and Glass Fibers (61.4).
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. Bubble size corresponds to exports value by year 2020.
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