ASSESSMENT OF FOREIGN ECONOMIC ACTIVITIES OF AGRICULTURAL COMPANIES IN THE REGION

Issue № 11, 2023, article № 15, pages 140-147

Language: Russian

Original language title: ОЦЕНКА ВНЕШНЕЭКОНОМИЧЕСКОЙ ДЕЯТЕЛЬНОСТИ АГРОПРОМЫШЛЕННЫХ КОМПАНИЙ РЕГИОНА

Keywords: AGRO-INDUSTRIAL COMPANIES, FOREIGN ECONOMIC ACTIVITY, IMPORT, IMPORT SUBSTITUTION, INVESTMENT, INNOVATION, ASSESSMENT, FOOD, REGION, EXPORT

Abstract: The article examines the current state of foreign economic activity of agro-industrial companies in the region. As a result of the cessation of trade relations with countries supporting anti-Russian sanctions, agro-industrial exporting companies in the Krasnodar Territory are subject to trade restrictions and are forced to look for alternative international markets for the sale of agricultural raw materials and food. The purpose of the study is to assess the foreign economic activities of agro-industrial companies in the Krasnodar region and propose measures to increasing export potential. The research methods used - analytical, statistical, graphical, system analysis - made it possible to identify the features of the development of existing foreign economic relations. The article reflects the prospects for increasing exports, highlighting leading companies that are leading exporters in the Krasnodar region. Foreign economic activity allows agro-industrial companies to make fullest use of the available resource potential and increase the volume of production of agricultural raw materials and food. The assessment of the foreign economic potential of the region is carried out by determining the volume and dynamics of production. Analysis of the commodity structure of import and export supplies of food allows us to determine the value of the positive trade balance and highlight the most promising food specialization of agro-industrial companies in the Krasnodar Territory. Agro-industrial companies in the region have significantly increased export supplies of fats and oils of animal origin, grains and legumes, and meat. To conduct foreign economic activity, the region has a developed port infrastructure, which is constantly increasing its cargo transshipment capacity. The advantages and disadvantages of foreign trade for the regional economy are highlighted. It has been determined that in modern business conditions, the investment activity of foreign investors has decreased and the transfer of innovations has stopped. A conclusion is made about the need to orient foreign trade relations with countries that are friendly to the Russian Federation, with the aim of mutual trade, investment and economic cooperation in the scientific and technical sphere.

Authors: Manukalo Artyom Viktorovich