MIL OSI Translation. Region: Russian Federation –
April 26, 2021, 15:47
Photo by V. Novikov. Press Service of the Mayor and the Moscow Government
Metropolitan manufacturers supply telephone and data transmission equipment abroad.
In 2020, Moscow enterprises supplied telecommunications equipment abroad in the amount of about $ 270 million, which is 73 percent of all Russian exports of these products. 11 new directions have been added to the geography of supplies of Moscow goods.
“The volume of production of communication equipment in Moscow at the end of 2020 amounted to about $ 614 million. 91 countries of the world have purchased communication equipment for Moscow enterprises, ”said the Deputy Mayor for Economic Policy and Property and Land Relations.
For the first time, telecommunications equipment was purchased by 11 countries in Europe, Southeast Asia and Africa. The total amount of exports to these countries amounted to more than a million dollars.
“The structure of the capital’s export of telecommunications equipment includes equipment for receiving, converting and transmitting information ($ 65.1 million), parts of telephones and communication equipment ($ 20 million), base stations ($ 3.2 million), cordless phones and wired phones (which account for $ 2.7 million and $ 1.17 million, respectively) “, – said the head
The main buyers, which accounted for 75 percent of the capital’s exports, were Azerbaijan ($ 85.14 million), Kazakhstan ($ 36.31 million), Georgia ($ 28.5 million), China ($ 27.08 million) and Belarus. ($ 25.73 million).
At the end of the year, supplies to Mexico ($ 3.31 million, plus 433.73 percent), Vietnam ($ 2.35 million, plus 14,367 percent), the Republic of Korea ($ 0.68 million, plus 59 percent), Chile ($ 0.48 million, plus 386.27 percent) and Israel ($ 0.42 million, plus 225 percent).
Experts recommend that Moscow manufacturers in the future pay attention to the markets of the Asia-Pacific region, Central and Latin America, in particular to Mexico, Chile and Brazil. This is the conclusion made by the researchers of the Export Support and Development Center. Mosprom…
“These countries are actively involved in international trade and are trying to expand the geography of their suppliers. Additional demand for communication equipment is formed in these countries under the influence of the growth in the number of Internet users. The high quality of products and the positive business reputation of Moscow companies in foreign markets will be the key advantages of developing the export potential of enterprises in this direction, ”said Natalya Shuvalova, General Director of Mosprom.
Center “Mosprom” is engaged in individual support of the capital’s enterprises. Its experts analyze the target markets for their products: they study the macroeconomic report, the risk profile, including barriers to entry, the state of the industry in the market and its dependence on exports and imports, SWOT analysis of the consumer market. In addition, they are engaged in individual analytics for companies, which helps to choose the most effective strategy for entering foreign markets.
As part of the buyer’s program, the Mosprom Center, free of charge and based on specific needs, helps Moscow companies find counterparties and negotiate with potential buyers, organizes their participation in international exhibitions and business missions.
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.