The Evolution of Russia’s Specialisation in Mutual Trade with the Countries of the EAEU

The subject of our research was the analysis of changes in the specialisation of Russia in mutual trade with the countries of the Customs Union — the Common Economic Space — the Eurasian Economic Union since the beginning of the functioning of the single customs territory. The work aims to character...

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Main Author: D. I. Ushkalova
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2019-06-01
Series:Мир новой экономики
Subjects:
Online Access:https://wne.fa.ru/jour/article/view/209
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author D. I. Ushkalova
author_facet D. I. Ushkalova
author_sort D. I. Ushkalova
collection DOAJ
description The subject of our research was the analysis of changes in the specialisation of Russia in mutual trade with the countries of the Customs Union — the Common Economic Space — the Eurasian Economic Union since the beginning of the functioning of the single customs territory. The work aims to characterise the impact of the integration process within the CU-SES-EAEU on the commodity structure of Russian exports to the grouping countries and the possibilities for realising Russia’s export potential in the markets of the partner countries. The author examines the most important trends and factors in the evolution of the commodity structure of mutual trade within the EAEU and Russia’s exports to these countries, assesses the importance of the EAEU countries for the realisation of the export potential of Russia. The study concluded that the integration process had a positive effect on the commodity structure of Russia’s exports to the EAEU countries: during the unification, the share of mineral products in total exports decreased by one third, while the share of machinery and chemical products, food products and agricultural raw materials rose. The author substantiated that the EAEU states are the most important market for Russian goods with a high share of value added and their importance is increasing. Nevertheless, the prospect for further realisation of the export potential of Russia in the markets of the EAEU countries is very ambiguous and will be determined by two factors: the growth rate of the Russian economy and the real achievements in the field of shaping long-term integration effects.
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spelling doaj-art-08eaf4e67b694b2a87dcb018b4bd7b742025-08-04T10:21:26ZrusGovernment of the Russian Federation, Financial UniversityМир новой экономики2220-64692220-78722019-06-01124576610.26794/2220-6469-2018-12-4-57-66200The Evolution of Russia’s Specialisation in Mutual Trade with the Countries of the EAEUD. I. Ushkalova0Institute of Economics RASThe subject of our research was the analysis of changes in the specialisation of Russia in mutual trade with the countries of the Customs Union — the Common Economic Space — the Eurasian Economic Union since the beginning of the functioning of the single customs territory. The work aims to characterise the impact of the integration process within the CU-SES-EAEU on the commodity structure of Russian exports to the grouping countries and the possibilities for realising Russia’s export potential in the markets of the partner countries. The author examines the most important trends and factors in the evolution of the commodity structure of mutual trade within the EAEU and Russia’s exports to these countries, assesses the importance of the EAEU countries for the realisation of the export potential of Russia. The study concluded that the integration process had a positive effect on the commodity structure of Russia’s exports to the EAEU countries: during the unification, the share of mineral products in total exports decreased by one third, while the share of machinery and chemical products, food products and agricultural raw materials rose. The author substantiated that the EAEU states are the most important market for Russian goods with a high share of value added and their importance is increasing. Nevertheless, the prospect for further realisation of the export potential of Russia in the markets of the EAEU countries is very ambiguous and will be determined by two factors: the growth rate of the Russian economy and the real achievements in the field of shaping long-term integration effects.https://wne.fa.ru/jour/article/view/209international economic integrationthe eurasian economic unioncommodity structure of the russian exportsthe export potential of russia
spellingShingle D. I. Ushkalova
The Evolution of Russia’s Specialisation in Mutual Trade with the Countries of the EAEU
Мир новой экономики
international economic integration
the eurasian economic union
commodity structure of the russian exports
the export potential of russia
title The Evolution of Russia’s Specialisation in Mutual Trade with the Countries of the EAEU
title_full The Evolution of Russia’s Specialisation in Mutual Trade with the Countries of the EAEU
title_fullStr The Evolution of Russia’s Specialisation in Mutual Trade with the Countries of the EAEU
title_full_unstemmed The Evolution of Russia’s Specialisation in Mutual Trade with the Countries of the EAEU
title_short The Evolution of Russia’s Specialisation in Mutual Trade with the Countries of the EAEU
title_sort evolution of russia s specialisation in mutual trade with the countries of the eaeu
topic international economic integration
the eurasian economic union
commodity structure of the russian exports
the export potential of russia
url https://wne.fa.ru/jour/article/view/209
work_keys_str_mv AT diushkalova theevolutionofrussiasspecialisationinmutualtradewiththecountriesoftheeaeu
AT diushkalova evolutionofrussiasspecialisationinmutualtradewiththecountriesoftheeaeu