Abstract

The article reviews estimates of foreign trade indicators of the Far Eastern Federal District during the COVID-19 pandemic in 2020–2021. The factors of the dynamics of foreign trade indicators of the macroregion are determined, the commodity, territorial and geographical structures of exports and imports are examines. COVID-19 pandemic restrictions caused a large-scale decrease in economic activity and in volume of foreign trade of the Far Eastern Federal District at the beginning of the pandemic. The situation stabilized in late 2020 – early 2021. Dramatic reduction in the volume of exports of the Far Eastern Federal District in 2020 was due to a decrease in the prices of oil, natural gas, and metals. A decrease in supplies, in the level of economic activity in the country and effective demand under COVID-19 pandemic restrictions caused a decrease in the volume of imports of the Far Eastern Federal District in 2020. The volume of export of the Far Eastern Federal District recovered in 2021 due to a significant increase in prices for most goods exported by the macroregion. The volume of imports increased due to high prices and increased demand for imported products. The commodity, territorial and geographical structures of foreign trade of the Far Eastern Federal District have not changed in 2020–2021. The export of the macroregion mainly consisted of the products of fuel and energy, mineral resources, fisheries and forestry complexes. Machinery and electrical equipment, vehicles, metals, chemical and food products were the basis of the macroregion’s imports. The leaders in foreign trade turnover were the Sakhalin Region, Primorsky Krai, the Republic of Sakha (Yakutia), Khabarovsk Krai. China, the Republic of Korea and Japan have been the main partners for many years, which determined the volume of exports and imports and the structure of foreign trade of the Far Eastern Federal District. A significant redistribution of export supplies from the Far Eastern Federal District between the countries occurred in 2020–2021 due to the China’s restrictive measures on imported products, as well as geopolitical problems of China

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