Trends in the development of foreign trade in the Kaliningrad region in the context of global instability

Authors

Yu. A. Zavoyskikh
Kaliningrad branch of St. Petersburg State Agrarian University, Russian Federation
S. A. Noskova
Kaliningrad branch of St. Petersburg State Agrarian University, Russian Federation
A. G. Noskov
Kaliningrad branch of St. Petersburg State Agrarian University, Russian Federation

DOI

https://doi.org/10.31429/2224042X_2021_64_24

Abstract

The article is devoted to the study of trends and features of the development of foreign trade in the Kaliningrad region during the period of global instability caused by the Covid-19 pandemic. Using official statistics data, it was determined that the decline in the indicators of foreign trade in goods and services took place within the framework of the level of decline in world trade predicted by the WTO as a whole. Changes in the export and import ratios have improved the balance of the foreign trade balance. The analysis of the commodity structure and the structure of services made it possible to identify the industries in which export and import indicators decreased to the greatest extent in 2020. The analysis confirmed that the pandemic is not a determining factor in the crisis state of foreign trade in the Kaliningrad region. Measures to boost the regional economy should be aimed at stimulating the development of processing industries, supporting the export of domestic products with high added value.

Keywords

world grain market, grain exporting countries, world ranking of grain supplies

Authors Info

Yu. A. Zavoyskikh

Candidate of Economic Sciences (Ph.D.), Associate Professor of the Department of Economics and Management in Agriculture at Kaliningrad branch of St. Petersburg State Agrarian University

S. A. Noskova

Candidate of Economic Sciences (Ph.D.), Associate Professor, Head of the Department of Economics and Management in Agriculture at Kaliningrad branch of St. Petersburg State Agrarian University

A. G. Noskov

Lecturer of the Department of Agricultural Mechanization at Kaliningrad branch of St. Petersburg State Agrarian University

References

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Article Details

Issue

2021 · No. 4 (64)

Section

Global Economy

Publication History

Published 2021-12-07

How to Cite

[1]
Zavoyskikh Y.A., Noskova S.A., Noskov A.G. Trends in the development of foreign trade in the Kaliningrad region in the context of global instability // Economics: Theory and Practice. 2021. No 4 (64). С. 24–28. DOI: 10.31429/2224042X_2021_64_24

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Copyright (c) 2025 Yu. A. Zavoyskikh, S. A. Noskova, A. G. Noskov

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This work is licensed under a Creative Commons Attribution 4.0 International License.