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Federal subject in NORTH CAUCASUS FEDERAL DISTRICT, district of Russia

2021
Economic
Complexity -0.33Rank 40 of 61
Jan 2022
Trade
Exports | Imports $108M | $58.4M41 of 85 | 40 of 83
Jan 2022
Country
Destination | Origin Australia | China $17.2M  | $22.2M

About

Overview This page contains the latest international trade data for STAVROPOL TERRITORY. In January 2022 STAVROPOL TERRITORY was the number 41 in total exports and the number 37 in total imports in Russia.

Exports In 2021, Russia's Stavropol Territory exported $108M, making it the 41st largest exporter out of the 85 exporters in Russia. In 2021 the top exports of Stavropol Territory were Cereals: wheat and meslin, other than... ($166M), Urea-ammonium nitrate mixes in solution, pack... ($158M), Chicken Meat Cuts & Organs (Frozen) ($128M), Urea, including aqueous solution in packs... ($124M), and Nitrogen-phosphorus-potassium fertilizers, pack >10kg ($116M).

Imports In 2021, Russia's Stavropol Territory imported $58.4M, making it the 37th largest importer out of the 85 importers in Russia. In 2021 top imports of Stavropol Territory were Parts for sprays and powder dispersers ($29.1M), Engine power > 37kW < 75kW ($25M), Electricity supply, production and calibrating meters ($21.4M), Aluminium casks, drums, boxes etc, capacity... ($14.3M), and Precious metal compounds except gold, silver,... ($14M).

Economic Complexity In 2021, the highest complexity exports of Stavropol Territory according to the product complexity index (PCI) are Saturated Acyclic Monocarboxylic Acids (0.98), Nitrogen Heterocyclic Compounds (0.85), Plastic Floor Coverings (0.79), Soil Preparation Machinery (0.7), Other Plastic Sheetings (0.6), Acyclic Hydrocarbons (0.58), Utility Meters (0.56), Other Aluminium Products (0.52), Glaziers Putty (0.38), and Other Furniture (0.3). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

January, 2022

About

Overview In January 2022 STAVROPOL TERRITORY exported $108M and imported $58.4M, resulting in a positive trade balance of $50M. Between January 2021 and January 2022 the exports of STAVROPOL TERRITORY have increased by $26.2M (31.9%) from $82.2M to $108M, while imports increased by $21.2M (56.8%) from $37.3M to $58.4M.

Trade In January 2022, the top exports of STAVROPOL TERRITORY were Nitrogenous Fertilizers ($32.1M), Mixed Mineral or Chemical Fertilizers ($17.1M), Poultry Meat ($11.2M), Wheat ($8.29M), and Shaving Products ($5.83M). In January 2022 the top imports of STAVROPOL TERRITORY were Tractors ($3.93M), Liquid Dispersing Machines ($2.85M), Utility Meters ($2.55M), Aluminium Cans ($2.08M), and Other Agricultural Machinery ($1.61M).

Destinations In January 2022, STAVROPOL TERRITORY exported mostly to Australia ($17.2M), Brazil ($14.4M), Azerbaijan ($11.8M), Canada ($8.23M), and United States ($7.71M), and imported mostly from China ($22.2M), Belarus ($8.65M), Germany ($4.08M), Turkey ($3.1M), and Netherlands ($2.31M).

Growth In January 2022, the increase in STAVROPOL TERRITORY's year-by-year exports was explained primarily by an increase in exports to Azerbaijan ($9.98M or 128%), Netherlands ($4.87M or 4.5k%), and Turkey ($4.73M or 506%), and product exports increase in Wheat ($8.52M or 169%), Refined Petroleum ($4.24M or 6.59k%), and Mixed Mineral or Chemical Fertilizers ($3.18M or 76.7%). In January 2022, the increase in STAVROPOL TERRITORY's year-by-year imports was explained primarily by an increase in imports from India ($1.21M or 1.61k%), Turkey ($1.2M or 107%), and Slovakia ($1.12M or 218k%), and product imports increase in Liquid Dispersing Machines ($1.77M or 126%), Centrifuges ($860k or 986%), and Nitrogen Heterocyclic Compounds ($615k or 3.81k%).

Latest Data

Time Scale
Flow
Color
Depth
EXPORT GROWTH (January 2021 - January 2022)$26.2M(31.9%)
IMPORT GROWTH (January 2021 - January 2022)$21.2M(56.8%)

This section shows exports and imports data at subnational level for STAVROPOL TERRITORY. 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 STAVROPOL TERRITORY over time.

For full datasets download visit Bulk Download page.

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STAVROPOL TERRITORY's Monthly Exports
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STAVROPOL TERRITORY's Products Exports (Jan 2022)
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STAVROPOL TERRITORY's Exports Destinations (Jan 2022)
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Historical Data

Yearly Exports

Color
Depth
Top Destination (2021)Azerbaijan$203M
Top Product (2021)Cereals: wheat and meslin, other than...$166M

In 2021 the top export destinations of Stavropol Territory were Azerbaijan ($203M), Brazil ($122M), United States ($91.9M), China ($85.8M), and Turkey ($83.8M).

In 2021 the top exports of Stavropol Territory were Cereals: wheat and meslin, other than... ($166M), Urea-ammonium nitrate mixes in solution, pack... ($158M), Chicken Meat Cuts & Organs (Frozen) ($128M), Urea, including aqueous solution in packs... ($124M), and Nitrogen-phosphorus-potassium fertilizers, pack >10kg ($116M).

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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)
Brazil $13.7M (1.96k%)
Australia $13M (304%)
United States $4.26M (124%)
Rapidly Declining Export Origins (Jan 2021 - Jan 2022)
India -$7.82M (-98.1%)
Azerbaijan -$5.98M (-33.6%)
Romania -$3.75M (-98.5%)

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

Yearly Imports

Color
Depth
Top Origin (2021)China$235M
Top Import (2021)Parts for sprays and powder dispersers$29.1M

In 2021 the top import origins of Stavropol Territory were China ($235M), Belarus ($97M), Germany ($69.6M), Turkey ($43.2M), and United Kingdom ($35.6M).

In 2021 the top imports of Stavropol Territory were Parts for sprays and powder dispersers ($29.1M), Engine power > 37kW < 75kW ($25M), Electricity supply, production and calibrating meters ($21.4M), Aluminium casks, drums, boxes etc, capacity... ($14.3M), and Precious metal compounds except gold, silver,... ($14M).

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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 $9M (68.1%)
Belarus $2.35M (37.3%)
Netherlands $1.85M (411%)
Rapidly Declining Import Origins (Jan 2021 - Jan 2022)
Slovakia -$1.12M (-99.9%)
Kazakhstan -$595k (-89.9%)
South Korea -$387k (-57%)

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

Economic Complexity

Economic Complexity of Stavropol Territory

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Economic Complexity (2021)-0.33

Stavropol Territory ranks 40th 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. Stavropol Territory it is in position 40th 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 Stavropol Territory already has a comparative advantage, are led by Petroleum Gas (0.1), Raw Iron Bars (0.1), Refined Petroleum (0.097), Fruit Juice (0.096), and Cement (0.096).

Most Complex Products by PCI

The highest complexity exports of Stavropol Territory according to the product complexity index (PCI) are Saturated Acyclic Monocarboxylic Acids (0.98), Nitrogen Heterocyclic Compounds (0.85), Plastic Floor Coverings (0.79), Soil Preparation Machinery (0.7), Other Plastic Sheetings (0.6), Acyclic Hydrocarbons (0.58), Utility Meters (0.56), Other Aluminium Products (0.52), Glaziers Putty (0.38), and Other Furniture (0.3). 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 Synthetic Reconstructed Jewellery Stones (196.48), Nitrogenous Fertilizers (128.44), Shaving Products (96.52), Poultry Meat (65.21), and Seed Oils (61.55).

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 Stavropol 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  Stavropol Territory. These are products that tend to be co-exported with the products that Stavropol 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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