New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

Federal subject in NORTH WEST FEDERAL DISTRICT, district of Russia

2021
Economic
Complexity -0.22Rank 30 of 61
Jan 2022
Trade
Exports | Imports $798M | $62.2M11 of 85 | 38 of 83
Jan 2022
Country
Destination | Origin Latvia | Italy $78.4M  | $10.5M

About

Overview This page contains the latest international trade data for VOLOGDA REGION. In January 2022 VOLOGDA REGION was the number 16 in total exports and the number 41 in total imports in Russia.

Exports In 2021, Russia's Vologda Region exported $798M, making it the 16th largest exporter out of the 85 exporters in Russia. In 2021 the top exports of Vologda Region were Iron/Steel Sheets: Thin, Hot-Rolled, Wide Coils ($888M), Nitrogen-phosphorus-potassium fertilizers, pack >10kg ($710M), Diammonium phosphate, in packs >10 kg ($649M), Urea, including aqueous solution in packs... ($585M), and Flat rolled iron or non-alloy steel,... ($482M).

Imports In 2021, Russia's Vologda Region imported $62.2M, making it the 41st largest importer out of the 85 importers in Russia. In 2021 top imports of Vologda Region were Engine power > 37kW < 75kW ($51.3M), Ferro-silico-manganese ($44.5M), Manganese, articles thereof, waste or scrap ($32M), Articles of stone or of other... ($26M), and Pictures, designs and photographs ($25.7M).

Economic Complexity In 2021, the highest complexity exports of Vologda Region according to the product complexity index (PCI) are Flat Flat-Rolled Steel (1.44), Steel Wire (1.07), Large Coated Flat-Rolled Iron (1), Other Iron Products (0.87), Large Flat-Rolled Iron (0.74), Wood Pulp Lyes (0.55), Hot-Rolled Iron (0.46), Steel Ingots (0.39), Other Steel Bars (0.26), and Stranded Iron Wire (0.26). 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 VOLOGDA REGION exported $798M and imported $62.2M, resulting in a positive trade balance of $735M. Between January 2021 and January 2022 the exports of VOLOGDA REGION have increased by $449M (129%) from $348M to $798M, while imports increased by $18.3M (41.7%) from $43.9M to $62.2M.

Trade In January 2022, the top exports of VOLOGDA REGION were Hot-Rolled Iron ($236M), Nitrogenous Fertilizers ($138M), Mixed Mineral or Chemical Fertilizers ($118M), Coated Flat-Rolled Iron ($73.5M), and Semi-Finished Iron ($64M). In January 2022 the top imports of VOLOGDA REGION were Metal-Rolling Mills ($10.8M), Ferroalloys ($9.83M), Tractors ($6.56M), Manganese ($5.48M), and Other Printed Material ($2.86M).

Destinations In January 2022, VOLOGDA REGION exported mostly to Latvia ($78.4M), India ($59.5M), Turkey ($57.2M), Belgium ($49.7M), and Poland ($47.5M), and imported mostly from Italy ($10.5M), China ($10.1M), Belarus ($9.07M), Kazakhstan ($8.05M), and Germany ($3.75M).

Growth In January 2022, the increase in VOLOGDA REGION's year-by-year exports was explained primarily by an increase in exports to Poland ($25.1M or 173%), Netherlands ($14.1M or 1.1k%), and United Kingdom ($10.3M or 284%), and product exports increase in Hot-Rolled Iron ($21.3M or 29.8%), Coated Flat-Rolled Iron ($13.2M or 72.6%), and Other Small Iron Pipes ($4.99M or 109%). In January 2022, the increase in VOLOGDA REGION's year-by-year imports was explained primarily by an increase in imports from Belarus ($1.75M or 38.7%), Serbia ($1.32M or 764%), and Thailand ($1.26M or 2.85k%), and product imports increase in Tractors ($2.21M or 69.9%), Lifting Machinery ($1.35M or 36%), and Air Pumps ($1.05M or 27.1k%).

Latest Data

Time Scale
Flow
Color
Depth
EXPORT GROWTH (January 2021 - January 2022)$449M(129%)
IMPORT GROWTH (January 2021 - January 2022)$18.3M(41.7%)

This section shows exports and imports data at subnational level for VOLOGDA 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 VOLOGDA REGION over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

VOLOGDA REGION's Monthly Exports
[Click to Select a Date]

VOLOGDA REGION's Products Exports (Jan 2022)
[Click to Select a Product]

VOLOGDA REGION's Exports Destinations (Jan 2022)
[Click to Select a Country]

Historical Data

Yearly Exports

Color
Depth
Top Destination (2021)Poland$749M
Top Product (2021)Iron/Steel Sheets: Thin, Hot-Rolled, Wide Coils$888M

In 2021 the top export destinations of Vologda Region were Poland ($749M), Finland ($536M), Latvia ($506M), Brazil ($478M), and Italy ($427M).

In 2021 the top exports of Vologda Region were Iron/Steel Sheets: Thin, Hot-Rolled, Wide Coils ($888M), Nitrogen-phosphorus-potassium fertilizers, pack >10kg ($710M), Diammonium phosphate, in packs >10 kg ($649M), Urea, including aqueous solution in packs... ($585M), and Flat rolled iron or non-alloy steel,... ($482M).

Explore Visualizations

Exports (2021)
[Click to Select a Product]

Destinations (2021)
[Click to Select a Country]

Exports Dynamics

Fastest Growing Exports Destination (Jan 2021 - Jan 2022)
India $59.4M (37.8k%)
Latvia $53.1M (209%)
Turkey $48.2M (534%)
Rapidly Declining Export Origins (Jan 2021 - Jan 2022)
Kenya -$10.2M (-98.9%)
United Kingdom -$6.9M (-49.7%)
Portugal -$6.72M (-75.4%)

Export Destinations of VOLOGDA REGION (Jan 2021 - Jan 2022)

Yearly Imports

Color
Depth
Top Origin (2021)China$132M
Top Import (2021)Engine power > 37kW < 75kW$51.3M

In 2021 the top import origins of Vologda Region were China ($132M), Belarus ($125M), Kazakhstan ($49.8M), Germany ($49.3M), and Italy ($32.5M).

In 2021 the top imports of Vologda Region were Engine power > 37kW < 75kW ($51.3M), Ferro-silico-manganese ($44.5M), Manganese, articles thereof, waste or scrap ($32M), Articles of stone or of other... ($26M), and Pictures, designs and photographs ($25.7M).

Explore Visualizations

Imports (2021)
[Click to Select a Product]

Origins (2021)
[Click to Select a Country]

Imports Dynamics

Fastest Growing Import Origins (Jan 2021 - Jan 2022)
Italy $9.26M (734%)
Kazakhstan $5.02M (166%)
Belarus $2.79M (44.5%)
Rapidly Declining Import Origins (Jan 2021 - Jan 2022)
Serbia -$1.34M (-89.8%)
Germany -$854k (-18.6%)
Thailand -$849k (-65%)

Import Origins of VOLOGDA REGION (Jan 2021 - Jan 2022)

Economic Complexity

Economic Complexity of Vologda Region

View
Economic Complexity (2021)-0.22

Vologda Region ranks 30th 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.

Discover Economic Complexity

ECI comparison Russia between districts (2021)

Economic Complexity Ranking

Value

The economic complexity of a territory can change year to year. Vologda Region it is in position 30th considering its ECI in the last year.

Discover Economic Complexity

ECI Rank by Subnat Geography

Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Vologda Region already has a comparative advantage, are led by Raw Aluminium (0.07), Processed Cereals (0.065), Wood Crates (0.064), Chocolate (0.063), and Other Furniture (0.063).

Most Complex Products by PCI

The highest complexity exports of Vologda Region according to the product complexity index (PCI) are Flat Flat-Rolled Steel (1.44), Steel Wire (1.07), Large Coated Flat-Rolled Iron (1), Other Iron Products (0.87), Large Flat-Rolled Iron (0.74), Wood Pulp Lyes (0.55), Hot-Rolled Iron (0.46), Steel Ingots (0.39), Other Steel Bars (0.26), and Stranded Iron Wire (0.26). 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 Mixed Mineral or Chemical Fertilizers (133.79), Hot-Rolled Iron (86.84), Pig Iron (68.52), Steel Wire (56.65), and Nitrogenous Fertilizers (48.52).

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 Vologda 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.

Relatedness Space

This network shows the products most related to the production structure of  Vologda Region. These are products that tend to be co-exported with the products that Vologda Region exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

Depth
Filter

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.

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms