Participants in foreign economic activity of the Kuban are in no hurry to leave foreign trade -

Participants in foreign economic activity of the Kuban are in no hurry to leave foreign trade

Commodity structure and foreign economic activity statistics of the Krasnodar Territory.

Participants in foreign economic activity of the Kuban are in no hurry to leave foreign trade

Krasnodar Territory is the southernmost region of the Russian Federation, which ensures the stability of Russia's foreign economic activity. Kuban is the unofficial name of the bridge between Asia and Europe. On its territory there are three international transport corridors, the shortest routes of water, land and air communications between the states of Europe, the Middle East, the Mediterranean and Central Asia. Due to the peculiarities of its geographical location, the Krasnodar Territory carries out active foreign trade activities.
Statistics of participants of foreign economic activity of the Krasnodar Territory
The analytical group "Foreign Economic Activity-Stat" conducted a study and comparative analysis of participants in foreign economic activity of the Krasnodar Territory. So, according to the report in the region for the first half of 2019, there was a slight increase (by 0.66%) in the number of importing companies compared to the same period of the previous year. In the same period, the number of exporters from the Krasnodar Territory decreased by 1.3%. For the region focused on imports, the value of transactions on import of goods has undergone a noticeable decline. For the first 6 months of 2019, the import value amounted to $ 2,163 million, which is 14.28% less than in the first half of 2018. Against the background of a general decrease in the foreign trade turnover of the Krasnodar Territory, export operations in the reporting period were conducted for a total amount of $ 3,732 million. This figure is 7.84% less than in the first half of the previous year. Detailed information is given here:
Foreign trade activities in the Krasnodar Territory in the 1st half of 2019 were carried out by 1919 participants, in the same period of 2018 - 1958. At the same time, the unit cost per contract holder decreased from $ 1.61 to $ 1.56 million.

The participation of non-governmental structures and associations in the foreign economic activity of the Kuban
Cooperation with partner countries on foreign economic activity passes through the chambers of commerce and industry of the Krasnodar Territory. Other institutional intermediaries also participate in business relations - business clubs and councils that assist in finding business contacts necessary for Kuban entrepreneurs. Using these structures, it was possible to conclude important contracts between partners from foreign countries and representatives of the business environment of the region. The Chamber of Commerce and Industry of the Krasnodar Territory plays the most significant role in these processes.
Thanks to the support provided at the federal level, a significant breakthrough occurred in the export of wine. In 2019, the Krasnodar Territory increased the volume of wine supplies to foreign markets by 7% compared to 2018. It was possible to achieve export growth in winemaking, inter alia, by expanding the geography of supplies. So, Krasnodar wine is sold in five new countries: Britain, Brazil, Spain, Belgium, Canada.
Commodity structure of foreign economic activity of the Krasnodar Territory
Import of the Krasnodar Territory has the following product structure. The main groups, through which transactions for delivery to the region are held, are represented by the following goods:
• Food products and agricultural raw materials - 58.5% of the total value of the delivered goods.
• Engineering products - this product group accounts for 16.3%. In price terms, the value of transactions for the supply of various equipment and mechanical devices amounted to $ 502.71 million.
• Metals and products from them - 7.5%, and the share by weight of this group of goods amounted to 14.9%.
• Chemical products - plastics, rubber, rubber and articles thereof, essential oils, perfumes and cosmetics, fertilizers accounted for 7.3% of the total value of imports.
• Coffee, tea, mate - this group of products showed a 1.5% increase in the value volume in the first half of 2019. The share of coffee and tea imports by value amounted to 4.36% or $ 138.22 million.

In the foreign trade turnover of the Krasnodar Territory, goods of various TNVED groups are widely represented. According to regional customs, the export structure of the Krasnodar Territory consists of four main product groups:
• Mineral fuel, oil and products of their distillation - 63.8% of the total volume of exported goods. The main cost volumes are oil products and oils. The indicators of these product groups are 75.9% and 24.0%, respectively.
• Food and agricultural raw materials - this group accounts for 23.3%. The main products are cereals, vegetables, nuts. The value of all contracts for the supply of food products in the first half of 2019 amounted to $ 707.73 million.
• Metals and products from them - 8.2%, the value of export transactions amounted to $ 673.78 million.
• Chemical products - 2.1% of total exports.

The largest turnover of foreign trade activities of the Krasnodar Territory came in April 2019. The minimum transactions were made by participants in the foreign economic activity of the Kuban in January of the same year.

13.04.2020 07:27:19
(Automatic translation)

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