Komi Republic

Federal subject in Russia

Exports (2019): $809M, Rnk 42 / 85

Top Destination (2019): $279M, Netherlands

Top Export (2019): $180M, Coal tar distillation products nes

Imports (2019): $122M, Rnk 62 / 85

Top Origin (2019): $25.8M, Germany

Top Import (2019): $10.2M, Machinery for treatment by temperature change...

Economic Complexity (2019): -0.39, Rnk 48 / 85

Exports: In 2019, Russia's Komi Republic exported $809M, making it the 42nd largest exporter out of the 85 exporters in Russia.

In 2019 the top exports of Komi Republic were Coal tar distillation products nes ($180M), Petroleum oils, oils from bituminous minerals,... ($106M), Plywood; with sheets of wood only;... ($101M), Paper, Kraftliner, other than unbleached, uncoated ($84.5M), and Light petroleum distillates nes ($51.6M).

Imports: In 2019, Russia's Komi Republic imported $122M, making it the 62nd largest importer out of the 85 importers in Russia.

In 2019 top imports of Komi Republic were Machinery for treatment by temperature change... ($10.2M), Plastics: polymers of vinyl chloride, containing... ($8.96M), Sodium chlorate ($6.55M), Dextrins and other modified starches ($5.17M), and Plastic sheet, film, foil or strip,... ($5.05M).

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.

Value
Depth

Top Destination (2019): Netherlands, $279M

Top Product (2019): Coal tar distillation products nes, $180M

In 2019 the top export destinations of Komi Republic were Netherlands ($279M), Germany ($54.6M), Poland ($39.9M), Latvia ($37.4M), and Kazakhstan ($32.5M).

In 2019 the top exports of Komi Republic were Coal tar distillation products nes ($180M), Petroleum oils, oils from bituminous minerals,... ($106M), Plywood; with sheets of wood only;... ($101M), Paper, Kraftliner, other than unbleached, uncoated ($84.5M), and Light petroleum distillates nes ($51.6M).

Export Dynamics

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Fastest Growing Exports Destination (February 2019 - February 2020)

Rapidly Declining Export Origins (February 2019 - February 2020)

Value
Depth

Top Origin (2019): Germany, $25.8M

Top Import (2019): Machinery for treatment by temperature change..., $10.2M

In 2019 the top import origins of Komi Republic were Germany ($25.8M), China ($22.1M), Finland ($21.8M), Austria ($13.1M), and Poland ($4.61M).

In 2019 the top imports of Komi Republic were Machinery for treatment by temperature change... ($10.2M), Plastics: polymers of vinyl chloride, containing... ($8.96M), Sodium chlorate ($6.55M), Dextrins and other modified starches ($5.17M), and Plastic sheet, film, foil or strip,... ($5.05M).

Import Dynamics

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Fastest Growing Import Origins (February 2019 - February 2020)

Rapidly Declining Import Origins (February 2019 - February 2020)

Comparison in Time

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Flow
Value

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

Comparison Map

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Value

The federal subjects of Russia with the highest exports in 2019 were Moscow, The Capital Of Russian Federation ($142B), St. Petersburg ($19.6B), Khanty-mansiysk Autonomous Area ($13.9B), Sakhalin Region ($11.3B), and Kemerovo Region ($10.9B)

The federal subjects of Russia with the highest imports in 2019 were Moscow, The Capital Of Russian Federation ($78B), Moscow Region ($20.1B), St. Petersburg ($17.3B), Kaliningrad Region ($5.68B), and Kaluga Region ($4.92B)

This section shows a prediction for total exports and imports from KOMI REPUBLIC. The Prediction is based in a Long Short-Term Memory Model constructed using monthly trade data.

Explore Predictions

Economic Complexity

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Economic Complexity of Russia

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Komi Republic ranks 48th out of the 85 federal subjects in Russia according to ECI.

Estimated using exports data.

Economic Complexity Ranking

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Scale

The economic complexity of a territory can change year to year. Komi Republic it is in position 48th considering its ECI in the last year.

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 (0.031), Coal Briquettes (0.027), Asphalt Mixtures (0.026), Other Wood Articles (0.026), and Other Furniture (0.025).

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 Uncoated Kraft Paper (171), Coal Tar Oil (158), Plywood (156), Newsprint (126), and Uncoated Paper (90.1).

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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Filter
Depth

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.