Dorji Banzarov Buryat state University
LoginРУСENG

BSU bulletin. Economy and Management

Bibliographic description:
Sukhodolov Y. A.
CURRENT STATE OF BURYATIA’S FOREIGN TRADE WITH CHINA // BSU bulletin. Economy and Management. - 2019. №4. . - С. 81-88.
Title:
CURRENT STATE OF BURYATIA’S FOREIGN TRADE WITH CHINA
Financing:
Codes:
DOI: 10.18101/2304-4446-2019-4-81-88UDK: 339.54(571.54+510)
Annotation:
The article considers the current state of the foreign trade of the Republic of Buryatia with China as a main foreign trade partner of the region; presents the statistics on the dynamics of volumes and main trends in the commodity composition of export-import operations of the republic. Buryatia is an export-oriented subject of the Russian Federation, but the main share in the commodity composition of the region’s export is occupied by raw materials: coal, roundwood and timber, while the supply of engineering products is irregular. The de- velopment of Buryatia’s foreign trade with China is associated with the preservation of a high share of engineering products in exports, as well as with an increase of finished prod- ucts export, primarily due to the creation of new industries focused on the processing of raw materials extracted in the region.
Keywords:
the Republic of Buryatia; China; foreign trade; export; import; international cooperation.
List of references: