The Stateof Exports of High-Tech Products in Russia

Abstract

Aim. To determine the general state of Russia’s high-tech exports in the following areas: the relationship with other sectors of the economy and with the dynamics of GDP, positions on the world stage, relations with partner countries.
Tasks. To achieve the aim of the study, the following tasks were set: to consider the dynamics of Russia’s export structure, to explore Russia’s position in the world in high-tech exports, to calculate the time lag of Russia’s lag behind the leading countries in high-tech exports, to analyze Russia’s role in the hightech market of the main partner countries, to explore the structure of Russia’shigh-tech exports in the context of commodity groups.
Methods. To determine high-tech exports and imports, the methodology of the World Bank is used, according to which 9 industries (aerospace, computer and office equipment, electronics and telecommunications, pharmaceuticals, scientific instruments, electric machines, chemicals, nonelectric machines and weapons), including 79 commodity nomenclatures. At the same time, based on the availability of information, the values for the export of weapons are not taken into account.
Results. The analysis of changes in high-tech exports has been carried out, which identifies periods of negative changes that coincide with periods characterized by adverse circumstances in the country and the world (pandemic, geopolitical and geo-economic tensions). When comparing graphs of high-tech exports and GDP, ambiguous results were obtained, taking into account the consideration of high-tech exports in calculating GDP. The time lags of the backlog have been calculated, according to which, in most cases, the values of the leading countries in high-tech exports are achievable, but the time lags themselves are enormous. The commodity spectrum of high-tech exports and imports of the Russia is considered, according to which Russia exports the entire commodity spectrum of the high-tech industry.

Conclusions. The dominant role in Russia’s exports is still assigned to fuel and mining products with observed changes in terms of increasing the share of industrial products, including high-tech products, in which Russia, although an active participant, is nevertheless at a disadvantage in interactions with the main partner countries.