Export of Russian agricultural products: state and prospects of development

Abstract

In the current realities of the development of the world economy, it is important for Russia not only to maintain its position on the world market, but also to actively promote non-resource exports. According to experts, representatives of non-primary production have a large export potential. Special attention is paid to the export of agricultural products. Agribusiness products are the basis of goods exported from Russia abroad. Further development of exports should be aimed at reorienting from the export of raw agricultural products to the export of processed products, that is, with greater added value, while world prices for the finished product are significantly higher than for raw materials. The Russian agro-industrial complex has a significant potential not only for self-sufficiency of the country, but also is able to provide significant exports of products. For the further development and stabilization of the Russian agro-industrial complex, it is necessary to strengthen the role of the state and support this sector of the economy. According to economic theory and practice, agriculture is the most vulnerable to instability. That is why state regulation of this sector is necessary. It is extremely difficult for Russian producers of agricultural products with little state support to compete with goods whose value is 40% of public investment. With the necessary support from the state, the export of food products will increase its potential in the near future. Russian exports of agricultural products have every reason to increase competition on the world stage. In modern conditions, the expansion of production capacities and the export of agricultural products and food are a special opportunity for the Russian economy to show its export potential.