PROSPECTS FOR RUSSIA'S AGRI-FOOD EXPORTS TO BRICS COUNTRIES
Issue № 10, 2020, article № 9, pages 109-122
Section: ABROAD
Language: Russian
Original language title: ПЕРСПЕКТИВЫ АГРОПРОДОВОЛЬСТВЕННОГО ЭКСПОРТА РОССИИ В СТРАНЫ БРИКС
Keywords: BRICS, AGRI-FOOD PRODUCTS, TRADE COMPLEMENTARITY, REVILED COMPARATIVE ADVANTAGES, EXPORT POTENTIAL, COMMODITY DIVERSIFICATION
Abstract: This article is addressed to the features and the main directions for development of Russian agri-food exports to BRICS member states, which continue to be important trading partners of Russia. Based on international trade statistics, trends and structural changes in Russia's agri-food trade with BRICS partners and the rest of the world have been identified. A comparative analysis of these trends and structural shifts for the main groups of agri-food products was carried out in accordance with the Federal Project “Export of agro-industrial products”. Peculiarities of trade with individual BRICS countries are considered. In order to characterize the current conditions for Russia to realize its export potential in the BRICS markets, an assessment of the dynamics of complementarity of agri-food trade was carried out. Significant differences were determined for compliances of import trade profiles of BRICS partners with the export profile of the Russian Federation, as well as a low level of diversification of Russian supplies to the markets of Brazil, India and South Africa. Products with comparative advantages were identified, and the volumes of supply of these products to the BRICS markets in 2010-2019 were analyzed. It was revealed that a number of Russian products with a high level of comparative advantages are not exported to the BRICS countries. Particularly, such products are processed tobacco, pulp, molasses, barley, rye, wheat gluten. In addition, prospects for the export of products with unrealized comparative advantages are outlined. Potential supply values and the levels of Russia's export potential realization in the BRICS markets were estimated for the different categories of product groups. Based on these results it was concluded that Russia's realization of the existing export potential would allow it to acquire the status of a net exporter for trade with the BRICS countries as a whole. At the same time, agri-food imports from Brazil, India and South Africa will still prevail over Russian exports to these countries.
Authors: Romashkin Roman Anatolevich, Kiselev Sergei Viktorovich