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Overview This page contains the latest international trade data for ALTAI TERRITORY. In January 2022 ALTAI TERRITORY was the number 49 in total exports and the number 39 in total imports in Russia.

Exports In 2021, Russia's Altai Territory exported $88.4M, making it the 49th largest exporter out of the 85 exporters in Russia. In 2021 the top exports of Altai Territory were Coke, semi-coke of coal, lignite, peat... ($106M), Wood; coniferous species, of pine (Pinus... ($64.6M), Cereals: wheat and meslin, other than... ($63.1M), Commodities not specified according to kind ($62.2M), and Zinc ores and concentrates ($55.9M).

Imports In 2021, Russia's Altai Territory imported $37.4M, making it the 39th largest importer out of the 85 importers in Russia. In 2021 top imports of Altai Territory were Bar/rod, iron or non-alloy steel, indented... ($154M), Axles, wheels and parts ($31.4M), Fruit, edible: bananas, other than plantains,... ($25.3M), Bituminous coal, not agglomerated ($21.8M), and Alloy steel pipe or tubing, except... ($17.7M).

Economic Complexity In 2021, the highest complexity exports of Altai Territory according to the product complexity index (PCI) are Locomotive Parts (0.82), Soil Preparation Machinery (0.7), Central Heating Boilers (0.58), Rubber Tires (0.35), Rapeseed Oil (0.29), Stone Processing Machines (0.24), Plastic Building Materials (0.23), Other Edible Preparations (0.063), Aluminium Powder (-0.038), and Starch Residue (-0.041). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2021)Kazakhstan$438M

In 2021 the top export destinations of Altai Territory were Kazakhstan ($438M), China ($152M), Uzbekistan ($98M), United States ($54.1M), and Belarus ($49.4M).

In 2021 the top exports of Altai Territory were Coke, semi-coke of coal, lignite, peat... ($106M), Wood; coniferous species, of pine (Pinus... ($64.6M), Cereals: wheat and meslin, other than... ($63.1M), Commodities not specified according to kind ($62.2M), and Zinc ores and concentrates ($55.9M).

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Exports (2021)
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Destinations (2021)
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Exports Dynamics

Fastest Growing Exports Destination (Jan 2021 - Jan 2022)
Kazakhstan $19.8M (114%)
Uzbekistan $3.57M (109%)
Kyrgyzstan $2.89M (611%)
Rapidly Declining Export Origins (Jan 2021 - Jan 2022)
China -$7.52M (-57.4%)
Ukraine -$2.74M (-82.2%)
Estonia -$1.59M (-97.8%)

Export Destinations of ALTAI TERRITORY (Jan 2021 - Jan 2022)

Yearly Imports

Color
Depth
Top Origin (2021)Belarus$211M

In 2021 the top import origins of Altai Territory were Belarus ($211M), China ($153M), Kazakhstan ($152M), Ecuador ($25.3M), and Uzbekistan ($21.8M).

In 2021 the top imports of Altai Territory were Bar/rod, iron or non-alloy steel, indented... ($154M), Axles, wheels and parts ($31.4M), Fruit, edible: bananas, other than plantains,... ($25.3M), Bituminous coal, not agglomerated ($21.8M), and Alloy steel pipe or tubing, except... ($17.7M).

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Imports (2021)
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Origins (2021)
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Imports Dynamics

Fastest Growing Import Origins (Jan 2021 - Jan 2022)
China $5.18M (64.9%)
Vietnam $1.3M (309%)
Kazakhstan $1.24M (17.2%)
Rapidly Declining Import Origins (Jan 2021 - Jan 2022)
Belarus -$9.72M (-84.7%)
Spain -$1.7M (-84.1%)
Egypt -$177k (-63.2%)

Import Origins of ALTAI TERRITORY (Jan 2021 - Jan 2022)

Economic Complexity

Economic Complexity of Altai Territory

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Economic Complexity (2021)-0.3

Altai Territory ranks 37th 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.

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ECI comparison Russia between districts (2021)

Economic Complexity Ranking

Value

The economic complexity of a territory can change year to year. Altai Territory it is in position 37th considering its ECI in the last year.

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ECI Rank by Subnat Geography

Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Altai Territory already has a comparative advantage, are led by Sorghum (0.18), Raw Sugar (0.18), Veneer Sheets (0.17), Raw Iron Bars (0.17), and Other Small Iron Pipes (0.17).

Most Complex Products by PCI

The highest complexity exports of Altai Territory according to the product complexity index (PCI) are Locomotive Parts (0.82), Soil Preparation Machinery (0.7), Central Heating Boilers (0.58), Rubber Tires (0.35), Rapeseed Oil (0.29), Stone Processing Machines (0.24), Plastic Building Materials (0.23), Other Edible Preparations (0.063), Aluminium Powder (-0.038), and Starch Residue (-0.041). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Linseed (509.31), Processed Cereals (354.22), Railway Freight Cars (250.02), Buckwheat (228.24), and Coke (177.54).

Product Space

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 Altai Territory 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

This network shows the products most related to the production structure of  Altai Territory. These are products that tend to be co-exported with the products that Altai Territory 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. Bubble size corresponds to exports value by year 2020.

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