scholarly journals Russia’s Foreign Trade under the Anti-Russian Sanctions

2018 ◽  
Vol 6 (3) ◽  
pp. 44-56 ◽  
Author(s):  
S. Kazantsev

Development model based on the export of raw materials and high dependence on external economic conditions are among the main strategic threats to the national security of the Russian Federation in the field of economy. So, a number of states, not without reason, are trying to realize these threats in order to achieve their geopolitical goals by imposing different restrictions, various prohibitions and multiple sanctions. Some results of the analysis of the impact of the anti-Russian sanctions on the Russian foreign trade in 2014-2016 I present in this article. For the sphere of foreign trade, it is shown that the negative impact of prohibitions and sanctions, as well as adverse external and unfavourable internal processes and factors, had a greater impact, first of all, on the fuel and energy, petrochemical and machine-building complexes. The subjects of the Russian Federation with a high concentration of export and import, oil and gas extraction and metal-production were affected stronger than other regions. Along with this, the impact of sanctions and the response of the Russian government are stronger on the export of Russian products than on imports.

The paper analyzes transformations of foreign trade in goods of Ukraine in 2000-2017. The choice of the study period is due to the fact that the "recovery" and the gradual growth of the Ukrainian economy after the long crisis of the 1990s has began since 2000. Ukraine had a mostly negative foreign commercial balance (except for 2000-2004 and 2015); generally balanced foreign trade; dangerous import dependency ratio; extremely economy openness index; the high exports ratio in 2000-2017. The volumes of export, imports and foreign commercial turnover had unstable dynamics with negative trends in 2008-2009 and 2013-2015. Base metals and their ware; plant products; animal or plant fats and oils were prevailed in the export component of the foreign commerce; mineral products; machines, equipment and mechanisms, electric and technical equipment; products of chemical and derivative industries were dominant in the structure of import in 2017. The export was characterized by increase in the share of products of the primary sector (due to crop production) and decrease in the secondary sector (due to metallurgy, machine building, chemical and textile industry) during 2001-2017. The import was characterized by decrease in the share of raw materials and increase in the share of all other goods during the mentioned period. Commodity structure of foreign trade became more proportional, without a highly dominant product. The Russian Federation, Poland, Turkey, Italy, India were the key partners in the export of goods, while those ones in the import were the Russian Federation, China, Germany, Poland, Belarus. The key partners remained during 2001-2017 (the Russian Federation, Poland, Turkey, Italy, China, Germany were key partner in export; In the import - the Russian Federation, Germany, Poland, Belarus, the USA, Italy were key partner in import. Despite the drastic decrease in trade relations with the Russian Federation, it remains the largest partner in the Ukrainian foreign commerce. Among the regions of the world, the largest trading partner of Ukraine in recent years is Europe with relevant reduction of CIS countries in the common share. It is necessary to provide a set of measures aimed at increasing the efficiency of export activity and import substitution in the certain sectors of the economy to balance foreign commerce of Ukraine.


2019 ◽  
Vol 23 (3) ◽  
pp. 6-15 ◽  
Author(s):  
S. V. Kazantsev

The aim of this paper was to present some results of the study of the impact of the sanctions, imposed on the Russian Federation in 2014 and consistently expanded and deepened, not on Russia, but on those who use these sanctions — the countries that imposed the sanctions (the sanctioners). External trade, that is one of the objects of the sanctions, was chosen as the subject of the study. The author’s task was to estimate the role of the Russian Federation in the external trade of the countries, which use the sanctions against Russia, before and after the sanctions, and to evaluate the harm caused to these countries by their sanctions and by Russia’s counter-sanctions. To solve these problems, the author proposed a mathematical tool for the damage quantitative assessment. The World Trade Organization statistics for 2012–2017 formed a database for the study, and economic-mathematical and statistical methods were taken as research instruments. One may summarize the results of the study as follows. First, Russia plays an insignificant role in foreign trade of most countries that imposed sanctions against the Russian Federation. However, the damage from the sanctions and counter-sanctions for some of them turns out to be quite significant. Second, the negative impact of the sanctions on their initiators in the sphere of external trade is the stronger, the more important for the sanctioning country its trade relations with the Russian Federation are. Third, the burden of the sanctions was less heavy for their main initiator — the united States of America, than for their less economically strong partners that imposed the sanctions. The author’s main conclusion is that eventually the economic interests of some of these countries win up over the political goals that go against these interests, and the volume of the foreign trade, that dropped down after the sanctions were imposed on Russia, tends to recover. Russia, shifting from the overseas markets to the domestic one and changing the geographical structure of its international trade, does continue to develop. To present the results of the study to the Russian readers, the version of the article in Russian is submitted to the journal “The World of New Economy”. Its title is “Anti-Russian Sanctions: Damage to the Countries that Declared them”. The version gives the results of the analysis of the impact of sanctions on technology trade and the content of the study of foreign trade in goods, detailed in this paper.


Author(s):  
А.С. ПЕТРОВА ◽  
Е.Е. НОЕВА ◽  
В.М. ЗАРОВНЯЕВА

Пандемия COVID-19 и ограничения, направленные на ее сдерживание, привели к снижению экономической активности, сокращению мировой торговли, оказали масштабное воздействие на мировую экономику, усилив существующие проблемы. Следствием замедления темпов экономического роста в глобальных масштабах, затронувшим большинство секторов экономики, стало падение спроса на энергоресурсы. Такая тенденция должна была неизбежно отразиться на показателях российской внешней торговли, в структуре которой значительную долю экспорта формирует именно топливно-энергетическое сырье. В данной работе представлен анализ современного состояния и особенностей реализации внешнеторговой деятельности РФ в условиях антиковидных ограничений. Исследована как товарная, так и географическая структура экспорта и импорта Российской Федерации до пандемии и в 2020 г. Дана оценка влиянию пандемии на торговлю услугами. Рассчитаны индексы внутриотраслевой торговли РФ. Полученные данные позволили оценить степень воздействия текущего экономического кризиса на изменение динамики показателей внешней торговли России. Анализ выявил явный дисбаланс в структуре, как экспорта, так и импорта, и серьезную зависимость от конъюнктуры энергетических рынков, сжатие которых привело к существенному сокращению экспортных поступлений. Основываясь на результатах проделанной работы, можно прийти к выводу, что ранее принятые меры, ориентированные на импортозамещение и развитие в РФ высокотехнологичных отраслей, пока явных положительных результатов не дают, по крайней мере, структура внешней торговли их не отражает. Если анализировать показатели внутриотраслевой торговли, то они свидетельствуют о слабой диверсификации экспорта, а также о неконкурентоспособности целых секторов российской экономики. В условиях новых вызовов и увеличения степени неопределенности следует взглянуть на роль РФ в международном разделении труда под новым углом. The COVID-19 pandemic and the restrictions aimed at containing it have led to a decrease in economic activity, a reduction in world trade, and had a massive impact on the global economy, exacerbating existing problems. The slowdown in economic growth on a global scale, which affected most sectors of the economy, resulted in a drop in demand for energy resources. This trend should inevitably affect the indicators of Russian foreign trade, in the structure of which a significant share of exports is formed by fuel and energy raw materials. This paper presents an analysis of the current state and features of the development of foreign trade activities of the Russian Federation in the context of antiquated restrictions. We investigated both the commodity and the geographical structure of exports and imports of the Russian Federation before the pandemic and in 2020. The impact of the pandemic on trade in services is assessed. The indices of intra-industry trade of the Russian Federation were calculated. The data obtained made it possible to assess the degree of impact of the current economic crisis on the change in the dynamics of indicators of Russia’s foreign trade. The analysis revealed a clear imbalance in the structure of both exports and imports, and a serious dependence on the conjuncture of energy markets, the contraction of which led to a significant reduction in export earnings. Based on the results of the work done, we can conclude that the previously adopted measures aimed at import substitution and the development of high-tech industries in the Russian Federation have not yet yielded clear positive results, at least the structure of foreign trade does not reflect them. If we analyze the indicators of intra-industry trade, they indicate a weak diversification of exports, as well as the lack of competitiveness of entire sectors of the Russian economy. In the face of new challenges and an increasing degree of uncertainty, one should look at the role of the Russian Federation in the international division of labor from a new angle.


2021 ◽  
Vol 13 (2) ◽  
pp. 188-200
Author(s):  
Vladimir MASLOBOEV ◽  
◽  
Dmitry MAKAROV ◽  
Elena KLYUCHNIKOVA ◽  
◽  
...  

The Murmansk region is a region with the largest enterprises of the mining complex of the Russian Federation: KF JSC “Apatit”, JSC “Kola MMC”, JSC “Olkon”, JSC” Kovdorsky GOK”, JSC” North-West Phosphorus Company”, LLC”Lovozersky GOK”. They provide the majority of the country’s demand for phosphate ores, zirconium raw materials (baddeleyite), niobium, tantalum, and rare earth metals. In addition, the mining and processing of copper-nickel, iron and chrome ores, nepheline and ceramic raw materials, facing stone and building materials is carried out. At the same time, the activities of enterprises have a very negative impact on the environment. The issues of environmental safety in the extraction and processing of minerals, storage of mining waste in the Arctic zone of the Russian Federation are of particular relevance. The definition of sustainable development in relation to the mining industry is given. The concepts of available best technologies, circular economy, and “green growth” are considered from the point of view of their contribution to sustainable development. It is shown that the sustainable development of enterprises at the present stage is impossible without improving the environmental friendliness of production. The article analyzes the legislation of the Russian Federation and the practice of its application to identify mechanisms that promote sustainable development and eliminate barriers to the implementation of this concept in the mining industry. New technological solutions have been developed for mining enterprises of the Murmansk region, aimed at reducing aero-technogenic emissions, cleaning waste (mine) water, processing tailings of enrichment as man-made deposits, which allows both to minimize man-made environmental impacts and to increase the full use of mineral raw materials. Thus, the expediency of using the principles of “green growth” for the development of economic development policies in the Arctic is justified.


2021 ◽  
pp. 679-691
Author(s):  
Natalya Jurievna Rodigina ◽  
Liudmila Anatolievna Obuhovskaya ◽  
Oxana Eduardovna Kirtoake

Nowadays countries are focused on the development of high-techology industries, which will allow them to increase their competitiveness. However, Russia specializes in the export of raw materials and goods with a low degree of processing. In this regard, one of the key aims of Russia is to develop high-technoligy production and expand its presence in the markets of goods with a high degree of processing. The abstract reveals the export of high-technology goods and services. The article analyzes position of the Russian Federation in the world market of high-technology goods and services. Russia specializes in the export of such high-technology goods as aerospace production, nuclear technologies and weapons. Russia specializes in the export of such high-technology services as telecommunications, computer and information services, professional and consulting services, engineering services, services in technical fields and in the field of architecture. Special attention is paid to the promising directions of high-technology exports, the importers of Russian high-technology products and trends in exports and imports of high-technology goods as well as trends in exports of high-technology services. For example, Russia should develop exports of such high-technology goods as jet engines, nuclear reactors and their components, fuel rods, nuclear technologies and weapons. The most promising export directions from the machine-building industry are vehicles and equipment production. Russia should focus on the export of such high-technology services as information, telecommunications, computers, professional and consulting services. To stimulate the export of these services, it is necessary to create a favorable business climate in Russia, eliminate the shortage of specialists in the field of ICT, as well as improve the quality of their training.


2019 ◽  
Vol 29 (3) ◽  
pp. 1521-1541 ◽  
Author(s):  
V. S. Litvinenko

Abstract This article describes the impact of the global digital economy on the technological development of the mineral sector in the world. Due to the different specifics of the legislative bases of the investigated regions, such as the USA, China, EU, and Africa, the development of digital transformation is presented on the example of the Russian Federation in the context of world trends. The article presents an analysis of the possibilities of using straight-through digital technology in prospecting, design, development, and use of mineral resources. It describes a structure promoting the development of applied digital technology through research–education centers and international competence centers. This structure would allow forming the new competencies for personnel working in the digital economy. The underfunding of the information and computing infrastructure could be a significant challenge to the digital transformation of the economy. Creating the conditions for a reliable and secure process of generating, storing, and using data is the basis for protection from the cybersecurity hazard that could act as a brake on technology advancement. This article discusses the organizational and technological priorities of the development of the mineral resource sector on the example of the Russian Federation. The challenges for the mineral resource complex resulting from global changes can be taken on through technological changes of the industry. The article gives a thorough description of issues related to technological developments in the raw materials sector, oil refining industry, development of integrated and advanced mineral processing systems, and the use of household and industrial wastes. The research presents basic technology contributing to sustainable development, starting from exploration and production forecasting and up to sustainable planning and distribution of material and energy resources based on real-time data. It also pays special attention to the possibilities of creating digital platforms for the mineral sector. Digital integration, combining research areas, personnel, processes, users, and data will create conditions for scientific and technological achievements and breakthroughs, providing scientific and economic developments in related industries and, above all, in the global mineral and raw materials market.


2019 ◽  
Vol 2 (5) ◽  
pp. 184-189
Author(s):  
Anna Komarova

This research assesses the impact of monetary (exchange rate) and fiscal factors (oil and gas taxes, MET on oil) on the dynamics of revenues of the oil and gas industry of the Russian Federation.


2021 ◽  
pp. 33-38
Author(s):  
Maria Gorbunova ◽  
Dmitriy Zelenov

Based on the analysis of the legal framework, the official statistics of the Federal Customs Service of Russian Federation and world practice, the article discusses the issues of banning the export of round timber outside the Russia. The potential economic effect for individual regions and for the country as a whole as a result of such a ban is estimated, as well as the impact on the foreign trade activity of the Russian Federation. In addition, the potential risks associated with the ban on the export of round timber are assessed.


2001 ◽  
Vol 14 (7) ◽  
pp. 1080-1091
Author(s):  
Alina S. Stoilova ◽  

Illegal timber harvesting and trafficking is one of the most important economic and environmental problems in the Russian Federation. Illegal logging leads to degradation of forests and a shortage of timber in wood industries. One of the measures to counter illegal logging is the ban on the export of raw wood, which will take effect on January 1, 2022. However, such a measure will lead not only to control over the circulation of illegal timber, but also to a number of economic consequences. The impact of the ban on the inland market can be assessed using the point sectoral model of the forestry complex (PSM‑fc). The results of scenario calculations show that a ban on the export of raw materials can lead to a reduction in logging volumes and an increase in the share of products of deeper processing in exports


2021 ◽  
pp. 5-14
Author(s):  
V. F. Pivovarov ◽  
R. A. Meshcheryakova ◽  
T. N. Surikhina ◽  
O. A. Razin ◽  
A. A. Tareeva

The article examines the results of the impact of the COVID-19 pandemic on the global economy and the economy of the Russian Federation at the end of 2020. The quarantine measures introduced by the countries continue to negatively affect the economic situation in the world and the economies of individual countries. There is an acute shortage of seasonal workers in the agricultural sector of the countries of the world. The introduction of restrictions on the export of goods reduced the volume of imports. In Russia, the growth rate of imports from non-CIS countries has decreased. In January 2021, compared to January 2020, imports for food products and raw materials for their production decreased by 4.2%, and for vegetables – by 11.5%. According to the Federal Customs Service, the export of vegetables increased 3 times in terms of physical volumes and only 11% in terms of value. The growth in the physical volumes of export of products of the agro-industrial complex of the Russian Federation did not lead to a corresponding increase in revenue. The prices for vegetables imported into the country were 2.5-3.4 times higher than the prices for exported ones. Despite some difficulties, losses in this area due to the pandemic were minimal. The gross harvest of vegetables in the country as a whole amounted to 13.8 million tons, which is 1.7% below the level of 2019. At the same time, the gross harvest of vegetables in open ground decreased by 3.1%, vegetables in protected ground increased by 6.6%. Difficulties encountered in implementation. During the crisis period due to the COVID-19 pandemic, the demand for vegetables fell by 30%. Consumers, in an effort to improve their immunity, began to buy more environmentally friendly and healthy products, including vegetables. The demand for organic products has grown by 15-20%. To accelerate the economic recovery, it was necessary to take additional measures on the part of states to support producers and consumers, restore purchasing power and help businesses, expand access to credit resources, stimulate investment activity, and reduce the tax burden on businesses and the population. In Russia, financial support for the main measures of state policy in the field of the agro-industrial complex is carried out within the framework of the implementation of the State Program for the Development of Agriculture and the regulation of markets for agricultural products, raw materials and food.


Sign in / Sign up

Export Citation Format

Share Document