Trends in the Formation of the Commodity Composition of the Russia’s Agrofood Exports

Natalia Anatolyevna Yakovenko, Irina Serafimovna Ivanenko, Anton Sergeevich Voronov and Sergei Aleksandrovich Saninsky

The article is dedicated to the analysis of the current state and specifics of forming the commodity composition of the Russia’s agricultural products and food exports. The specifics of the development of the Russia’s agrofood complex, new conditions for global interaction, instability of the conditions of domestic and world markets, and global challenges determine the need to explore the possibilities of implementing a new model of economic growth and the competitive positions of producers in the global food market. The dynamics and composition of the Russia’s agrofood exports from 2000 to 2018 have been analyzed. A significant increase in the share of food exports of the Russian Federation in the global food exports has been noted. With a general upward trend, a significant fluctuation has been revealed in both the global and the Russia’s agrofood exports. Three periods have been distinguished, described by different trends in the formation of the export composition: 2001 – 2007, 2008 – 2013, and 2014 – 2018. A trend of stabilization in the composition of the Russia’s agrofood exports and narrowing of the gap between the groups of the exported goods under study has been revealed using the economic and statistical methods for assessing structural breaks. The linear coefficient of absolute structural breaks decreased 3.7 times during the period under study, the integral coefficient of structural breaks decreased six times, and the integral coefficient of structural differences decreased 2.3 times. The factors influencing the structural changes in the Russia’s agrofood exports have been identified. The necessity of the commodity composition diversification of the Russia’s agrofood exports has been substantiated, with due consideration of the potential of foreign economic activities in the agrofood complex.

Volume 12 | 05-Special Issue

Pages: 337-345

DOI: 10.5373/JARDCS/V12SP5/20201766