Komi Republic

Federal subject in NORTH WEST FEDERAL DISTRICT, district of Russia

Exports (2019): $967M, Rnk 45/85

Top Destination (2019): $342M, Netherlands

Top Export (2019): $230M, Coal tar distillation products nes

Imports (2019): $147M, Rnk 63/85

Top Origin (2019): $31.9M, Germany

Top Import (2019): $12.1M, Plastics: polymers of vinyl chloride, containing...

Economic Complexity (2019): -0.23, Rnk 31 / 85

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

Exports: In 2019, Russia's Komi Republic exported $967M, making it the 45th largest exporter out of the 85 exporters in Russia. In 2019 the top exports of Komi Republic were Coal tar distillation products nes ($230M), Plywood; with sheets of wood only;... ($135M), Petroleum oils, oils from bituminous minerals,... ($113M), Paper, Kraftliner, other than unbleached, uncoated ($95.1M), and Newsprint ($59.6M).

Imports: In 2019, Russia's Komi Republic imported $147M, making it the 63rd largest importer out of the 85 importers in Russia. In 2019 top imports of Komi Republic were Plastics: polymers of vinyl chloride, containing... ($12.1M), Machinery for treatment by temperature change... ($11.7M), Sodium chlorate ($8.37M), Construction equipment, self-propelled nes ($6.65M), and Plastic sheet, film, foil or strip,... ($6.13M).

Economic Complexity: In 2019, the highest complexity exports of Komi Republic according to the product complexity index (PCI) are Newsprint (1.27), Non-woven Textiles (1.05), Uncoated Paper (0.72), Particle Board (0.14), and Toilet Paper (0.14). 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, $342M

Top Product (2019): Coal tar distillation products nes, $230M

In 2019 the top export destinations of Komi Republic were Netherlands ($342M), Germany ($57.7M), Kazakhstan ($43.4M), Poland ($41.5M), and Latvia ($39M).

In 2019 the top exports of Komi Republic were Coal tar distillation products nes ($230M), Plywood; with sheets of wood only;... ($135M), Petroleum oils, oils from bituminous minerals,... ($113M), Paper, Kraftliner, other than unbleached, uncoated ($95.1M), and Newsprint ($59.6M).

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Exports Dynamics

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Fastest Growing Exports Destination (Aug 2019 - Aug 2020)

Rapidly Declining Export Origins (Aug 2019 - Aug 2020)

Yearly Imports

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Depth
Year

Top Origin (2019): Germany, $31.9M

Top Import (2019): Plastics: polymers of vinyl chloride, containing..., $12.1M

In 2019 the top import origins of Komi Republic were Germany ($31.9M), Finland ($27.1M), China ($26.7M), Austria ($16M), and Poland ($4.93M).

In 2019 the top imports of Komi Republic were Plastics: polymers of vinyl chloride, containing... ($12.1M), Machinery for treatment by temperature change... ($11.7M), Sodium chlorate ($8.37M), Construction equipment, self-propelled nes ($6.65M), and Plastic sheet, film, foil or strip,... ($6.13M).

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Imports Dynamics

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Fastest Growing Import Origins (Aug 2019 - Aug 2020)

Rapidly Declining Import Origins (Aug 2019 - Aug 2020)

Comparison in Time

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This section shows differences between total trade from KOMI REPUBLIC throughout time.

This section shows forecasts for total exports and imports from KOMI REPUBLIC. 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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Komi Republic ranks 31st out of the 85 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 Komi Republic already has a comparative advantage, are led by Wood Carpentry (0.032), Coal Briquettes (0.028), Asphalt Mixtures (0.028), Other Wood Articles (0.027), and Aluminium Bars (0.027).

Most Complex Products by PCI

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The highest complexity exports of Komi Republic according to the product complexity index (PCI) are Newsprint (1.27), Non-woven Textiles (1.05), Uncoated Paper (0.72), Particle Board (0.14), and Toilet Paper (0.14). 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 Coal Tar Oil (166), Uncoated Kraft Paper (162), Plywood (159), Newsprint (126), and Uncoated Paper (92.4).

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 Komi Republic 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  Komi Republic. These are products that tend to be co-exported with the products that Komi Republic 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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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.