EXPORT POTENTIAL OF THE RUSSIAN FEDERATION IN THE NON–RESOURCE SECTOR AND PROSPECTS FOR ITS GROWTH

E. V. Trokhova () and T. A. Izutina ()

International Trade and Trade Policy, 2018, issue 4

Abstract: TodayRussiahas embarked on the difficult path of transition to a new, higher, production and export level, so it is important to understand in which areas domestic enterprises can increase supply volumes abroad and most successfully compete in the global market. To this end, the article identified the key features of the concept of «export potential»: its dependence on the existing production capacity and the competitiveness of products manufactured for export. A retrospective analysis of the commodity structure of Russian export deliveries showed that non-fuel components account for about 41%, and about 34% of products have a non-resource character, with positive dynamics in such important groups as «machinery and equipment», «chemical products and rubber» and others. However, by the end of 2017, there is a predominance of goods of the lower redistribution (about 46% of non-resource non-energy exports), that indicates the high dependence of the Russian exports on the simplest products. Experts identified the points of growth of non-resource exports: the sphere of high technologies, the internationalization of small and medium-sized firms, the development of the regional export potential, and the expansion of tourism and educational services exports.

Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:acl:journl:y:2018:id:266

DOI: 10.21686/2410-7395-2018-4-62-70

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