What beyond oil and gas? Russian trade specialisation in manufactures

Olga Garanina

Post-Communist Economies, 2009, vol. 21, issue 1, 1-29

Abstract: The purpose of this article is to study Russia's pattern of specialisation in manufactures trade since 1998. Russia's global trade balance for manufactures is rapidly deteriorating. However, the trade pattern in manufactures should be differentiated according to Russia's main trading partners: the European Union (EU), the Commonwealth of Independent States (CIS) and China. On the basis of trade indicator analysis (revealed comparative advantages and Grubel-Lloyd index of intra-industry trade), we show that Russia is globally disadvantaged in manufactures trade vis-a-vis the EU and China, and advantaged in trade within the CIS. Russia is managing to expand its manufactured exports to other CIS countries. However, it is gradually losing its role of main supplier of capital goods in the post-Soviet space.

Date: 2009
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DOI: 10.1080/14631370802663596

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