Analysis of the dynamics of foreign economic activity of Russian industrial companies in the context of the COVID-19 pandemic

Abstract

The article analyzes the changes that have occurred in the dynamics of the volume, composition and structure of foreign economic activity of Russian industrial companies during the spread of coronavirus infection (COVID-19), which caused a serious crisis in the global economy. The study showed that during the covid restrictions, Russia's export volumes decreased significantly, but import volumes did not show sharp fluctuations. The study of the structure of Russian exports showed that mineral resources remained the main commodity position during the pandemic, but their share has significantly decreased. The structure of Russia's imports, according to the study, practically did not change during the crisis due to the pandemic, and in 2021 its volumes increased significantly. The author's forecast assessment of the dynamics of foreign economic activity of Russian industrial companies up to 2030 is presented, which showed the heterogeneity of the development of foreign economic relations of the country with other states in subsequent periods. However, if Russia's trade cooperation is established, it is possible to achieve high growth rates of foreign economic activity of Russian industrial companies.