Abstract

One of the main directions of economic development within the framework of the Union State is the expansion of cooperation between Russia and Belarus in the trade and economic sphere at the regional level. The article provides a statistical analysis of the macroeconomic parameters of the trade and economic potential of the Mogilev region, which made it possible to assess the contribution of the Mogilev region to the macroeconomic indicators for the foreign trade activity of the Republic of Belarus and the Russian Federation; to identify the proportions of the share of exports / imports in gross domestic product and gross regional product; to present trends in exports, imports, and the foreign trade balance in the whole region, including within the framework of the region’s cooperation with the Russian Federation. The analytical block of the geography of the foreign trade turnover of the Mogilev region with an emphasis on trade and economic turnover with the regions of the Russian Federation is relevant. There was a decrease in the share of export operations in the system of the trade and economic cooperation of the Union State countries and a corresponding increase in the share of imports, which requires studying the commodity structure of foreign trade turnover with entry into the position of import substitution within the framework of the strategy for sustainable development of the Mogilev region. An assessment of the risk and need for diversification was carried out in the study based on the results of statistical analysis of the concentration level of exports and imports of the Mogilev region by country for 2016–2019. The characteristics of the contribution of small, medium and microorganisms in the foreign economic turnover of the Mogilev region are briefly presented. The article analyzes the structural dynamics of exports / imports of the Mogilev region in the context of enlarged groups of goods, as well as the commodity nomenclature of foreign economic activity. The exporting enterprises with the largest export capacity of the region are identified. Following the results of the study, the authors generalize main proportions and trends of trade and economic cooperation, and worked out promising directions for the development of the trade and economic potential of the Mogilev region with an emphasis on the border areas of Russia and Belarus

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