Promising areas of Russia’s export specialization

Authors

  • Andrej Nikolaevich Spartak Russian Foreign Trade Academy

Keywords:

export, specialization, diversifi cation, structural shift s, intellectual services, high-tech goods, processing of raw materials

Abstract

The article analyzes promising areas of Russia’s export specialization both in high-tech and resource-intensive market segments. Attention is focused on the ongoing changes in export specialization during the current decade, especially on less traditional for Russia spheres of specialization such as high-tech and intellectual services, high-tech goods, software, parts and components of machinery and equipment, consumer goods, foodstuff s, petrochemical products. Using the case for forestry, pulp and paper industrial complex the tendency for sustained increase in processed raw materials’ share in the overall industry’s exports is emphasized. Conclusion is made that diversification process in Russian exports is strengthening and this positively influences the domestic economy.

Author Biography

Andrej Nikolaevich Spartak, Russian Foreign Trade Academy

Corresponding member of the Russian Academy of Sciences, Doctor of Economic Sciences, Honored
Worker of Science of RF

Place of work, post: Russian Foreign Trade Academy, Department of foreign trade and
international transactions - the Head

Published

2024-02-08

How to Cite

Spartak, A. N. (2024). Promising areas of Russia’s export specialization . Russian Foreign Economic Journal, (4), 3–10. Retrieved from https://journal.vavt.ru/rfej/article/view/2179

Issue

Section

World economy