Assessment of the export potential of Russian soybeans

Abstract

Swot analysis and development trends of the market for soybeans and its derivative products in Russia and all over the world are presented in the article. The main tasks of Food Security Doctrine of the Russian Federation are reflected, which influence the further development of foreign trade policy of the country’s agro-industrial complex and the realization of the export potential of soybeans. The key players in the global soybean market were noted, occupying leading positions in the import and export of soybeans. The results of the analysis of the structure and geography of the export of Russian soybeans are presented and an assessment of the export potential of Russia in the soybean grain market from 2015 to 2019 with the calculation of the main indicative values such as: export quota, coefficients of international competitiveness and coverage of imports by exports and others, is given. The problems in the context of the internal and external soybean markets that hinder the implementation of the existing potential, as well as the ways to solve them, thanks to the implementation of which it will be possible to increase the production and export of Russian soybeans to international markets up to the planned targets of the federal project “Export of agricultural products” by 2024, have been identified.