The possibilities of import substitution in Russia’s agro-industrial complex

Authors

  • Nikita Yurievich Mukhin Russian Foreign Trade Academy

Keywords:

Russia, Russian domestic market, imports, import substitution, agricultural products, agriculture, new suppliers, food commodities

Abstract

The article considers the dynamics and structure of imports of goods within the range of agroindustrial complex and provides a comparison of imports to domestic consumption of the most important food commodities. The author examines the segmentation of the possible destinations of imports by country and by goods, emphasizes the process of replacing the goods imported from
the countries that have declared anti-Russian sanctions by domestic products of the same type and value. It is pointed out that Russia’s closest partners are actively involved in the supplies on its domestic food market. Israel has been expanding its presence in the Russian market as a supplier of advanced technologies.

Author Biography

Nikita Yurievich Mukhin , Russian Foreign Trade Academy

Place of work, post: Russian Foreign Trade Academy, Department of World and National Economy - Postgraduate student

Published

2024-02-08

How to Cite

Mukhin , N. Y. (2024). The possibilities of import substitution in Russia’s agro-industrial complex. Russian Foreign Economic Journal, (4), 122–131. Retrieved from https://journal.vavt.ru/rfej/article/view/2192

Issue

Section

Research reviews