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25 August 2021, 07:05

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Photo by E. Samarin.

Metropolitan products are supplied to 175 foreign markets. Major importing countries include the United States, Kazakhstan, Belarus and China.

In the first half of 2021, Moscow’s non-resource non-energy exports (NOE) increased by 31.5 percent. Compared to the same period last year, it amounted to 15.38 billion US dollars.

This is almost one and a half times more than in the six months of 2019, said the Deputy Mayor of Moscow for Economic Policy and Property and Land Relations Vladimir Efimov.

“Moscow exporters are improving their performance every year. Over the past two years, they have managed to increase non-resource non-energy exports by one and a half times: from $ 10.82 billion in the first half of 2019 to $ 15.38 billion in the first half of 2021, ”the deputy mayor said.

Almost 90 percent of Moscow supplies abroad are industrial products, the head emphasized Department of Investment and Industrial Policy of Moscow Alexander Prokhorov.

“Thus, the capital companies sell mechanical equipment and machinery (supplies amounted to $ 1.11 billion), electrical equipment and parts thereof, including telecommunications equipment (they were supplied for $ 760.94 million), various plastic products (exports amounted to $ 719.28 million). ), – said Alexander Prokhorov.

The export of agro-industrial products also showed positive dynamics – in the first half of this year it amounted to USD 1.64 billion, which is 1.8 percent higher than in the same period of 2020. The key importers were the neighboring countries – Kazakhstan ($ 191.21 million) and Belarus ($ 164.43 million).

Vladimir Efimov added that the capital’s products are supplied to 175 foreign markets, and the main importer is the United States – the volume of supplies amounted to $ 1.78 billion. The list of leaders also includes Kazakhstan – 1.47 billion, Belarus – 1.45 billion, Germany – 924.87 million, and China – 904.76 million US dollars. These countries account for more than 40 percent of all Moscow’s non-resource non-energy exports.

According to the export support center “Mosprom”, finished food products – meat, dairy, confectionery and flour products – are especially popular among foreign consumers. Thus, the export of finished flour products, which include pasta, dumplings and confectionery, increased by 26.3 percent and amounted to $ 107.42 million. Deliveries of finished meat and fish products such as convenience foods, canned foods and snacks rose 12.5 percent to reach $ 35.37 million.

Moscow is the leader among Russian regions in terms of non-resource non-energy exports of Russia. According to the Mosprom Center, the capital accounts for 18.5 percent of the total volume of Russian NOE. Within the framework of the national project “International Cooperation and Export” by 2030, Moscow, together with other regions, should increase the export of non-primary non-energy goods by 70 percent compared to the 2020 figure.

Export Support Center Mospromis engaged in individual support of industrial export and export of agricultural products. The center’s specialists analyze target markets and provide exporters with individual analytics, which determines the most effective strategy for entering foreign markets. Experts help Moscow companies free of charge with the search for counterparties and negotiation with potential buyers abroad, provide participation in international exhibitions and business missions.

When entering foreign markets, metropolitan entrepreneurs also support Moscow Export Center (MEC). So, in July, a pilot project for the placement of capital goods on the trading floors of China was launched. The expert commission has already selected 20 companies that will present their products on store shelves in Shanghai.

Acceptance of applications Continues: Moscow food and cosmetic brands may be located in the largest shopping center in southwestern China, Chengdu International Trade City in Chengdu. MEC finances listing of goods, registration of trade marks, certification of labels and products, legal services, customs clearance and logistics of goods in the PRC.

One of the key tasks of the GEC is to increase the number of Moscow exporters and support their foreign economic activity.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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