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Overview This page contains the latest international trade data for CHUVASH REPUBLIC. In January 2022 CHUVASH REPUBLIC was the number 69 in total exports and the number 59 in total imports in Russia.

Exports In 2021, Russia's Chuvash Republic exported $14.7M, making it the 69th largest exporter out of the 85 exporters in Russia. In 2021 the top exports of Chuvash Republic were Other Railway rolling stock ($25.4M), Herbicides, anti-sprouting products and plant-growth regulators ($17.8M), Photosensitive/photovoltaic/LED semiconductor devices ($16.9M), Electrical control and distribution boards, <... ($14.4M), and Food preparations: waffles and wafers, whether... ($13.5M).

Imports In 2021, Russia's Chuvash Republic imported $34.4M, making it the 59th largest importer out of the 85 importers in Russia. In 2021 top imports of Chuvash Republic were Sulphonamides; n.e.c. in heading no. 2935 ($29.8M), Chemical element/compound wafers doped for electronic ($25.3M), Organo-inorganic compounds; other organo-phosphorus derivatives, n.e.c.... ($21.1M), Machinery for treatment by temperature change... ($12.4M), and Herbicides, anti-sprouting products and plant-growth regulators ($12.2M).

Economic Complexity In 2021, the highest complexity exports of Chuvash Republic according to the product complexity index (PCI) are Locomotive Parts (0.82), Prepared Rubber Accelerators (N/A), Other Heating Machinery (1.24), Other Stone Articles (1.1), Halogenated Hydrocarbons (1.08), Semiconductor Devices (0.89), Trailers and semi-trailers, not mechanically propelled... (0.83), Railway Track Fixtures (0.67), Electrical Control Boards (0.59), and Sports Equipment (0.51). 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$114M
Top Product (2021)Other Railway rolling stock $25.4M

In 2021 the top export destinations of Chuvash Republic were Kazakhstan ($114M), Belarus ($44.3M), China ($16.7M), Uzbekistan ($12.8M), and Poland ($12.1M).

In 2021 the top exports of Chuvash Republic were Other Railway rolling stock ($25.4M), Herbicides, anti-sprouting products and plant-growth regulators ($17.8M), Photosensitive/photovoltaic/LED semiconductor devices ($16.9M), Electrical control and distribution boards, <... ($14.4M), and Food preparations: waffles and wafers, whether... ($13.5M).

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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 $2.66M (130%)
China $661k (177%)
Kyrgyzstan $607k (754%)
Rapidly Declining Export Origins (Jan 2021 - Jan 2022)
Belarus -$1.6M (-63.8%)
Moldova -$175k (-41.5%)
Germany -$120k (-66.4%)

Export Destinations of CHUVASH REPUBLIC (Jan 2021 - Jan 2022)

Yearly Imports

Color
Depth
Top Origin (2021)China$121M

In 2021 the top import origins of Chuvash Republic were China ($121M), Belarus ($43.3M), Germany ($27.6M), Sweden ($18.7M), and Italy ($14.4M).

In 2021 the top imports of Chuvash Republic were Sulphonamides; n.e.c. in heading no. 2935 ($29.8M), Chemical element/compound wafers doped for electronic ($25.3M), Organo-inorganic compounds; other organo-phosphorus derivatives, n.e.c.... ($21.1M), Machinery for treatment by temperature change... ($12.4M), and Herbicides, anti-sprouting products and plant-growth regulators ($12.2M).

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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 $10.5M (84.5%)
Czechia $589k (17k%)
India $345k (160%)
Rapidly Declining Import Origins (Jan 2021 - Jan 2022)
Belarus -$1.5M (-47.9%)
Japan -$862k (-98.9%)
Turkey -$858k (-83.2%)

Import Origins of CHUVASH REPUBLIC (Jan 2021 - Jan 2022)

Economic Complexity

Economic Complexity of Chuvash Republic

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Economic Complexity (2021)0.22

Chuvash Republic ranks 4th 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. Chuvash Republic it is in position 4th 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 Chuvash Republic already has a comparative advantage, are led by Electrical Lighting and Signalling Equipment (0.11), Metal Insulating Fittings (0.11), Metalworking Machine Parts (0.11), Motor vehicles; parts and accessories (8701... (0.1), and Seats (0.1).

Most Complex Products by PCI

The highest complexity exports of Chuvash Republic according to the product complexity index (PCI) are Locomotive Parts (0.82), Prepared Rubber Accelerators (N/A), Other Heating Machinery (1.24), Other Stone Articles (1.1), Halogenated Hydrocarbons (1.08), Semiconductor Devices (0.89), Trailers and semi-trailers, not mechanically propelled... (0.83), Railway Track Fixtures (0.67), Electrical Control Boards (0.59), and Sports Equipment (0.51). 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 Locomotive Parts (217.10), Prepared Rubber Accelerators (137.13), Linseed (136.52), Fireworks (94.19), and Carbonates (66.86).

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 Chuvash 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

This network shows the products most related to the production structure of  Chuvash Republic. These are products that tend to be co-exported with the products that Chuvash 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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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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