Made in Russia? Assessing Russia’s potential for import substitution
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Nimeke:
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Made in Russia? Assessing Russia’s potential for import substitution |
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Tekijä:
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Simola, Heli
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Julkaisija:
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Bank of Finland
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Osasto / Yksikkö:
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Bank of Finland Institute for Emerging Economies (BOFIT)
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Sarjan nimi:
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BOFIT Policy Brief
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Sarjan numero:
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3/2022 |
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Julkaisuvuosi:
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2022 |
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Ilmestymispäivämäärä:
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5.5.2022 |
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Sivumäärä:
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20 |
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Asiasanat (yso):
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pakotteet; ulkomaankauppa; tuonti; vienti; tuotanto
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Hakusanat:
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Bofit-kokoelma; Venäjä; Kiina
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Sisällysluettelo:
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Abstract ... 3
1. Introduction ... 4
2. Russia’s total import dependence and production structure ... 4
3. Import dependence of Russian production ... 6
3.1 Russia is most dependent on imported inputs in high-technology ... 7
3.1.1 Russian machinery and equipment manufacturing sectors are most dependent on imported inputs ... 7
3.1.2 Russia relies on imports particularly for machinery and equipment ... 8
3.2 Perspectives for Russian import substitution are meagre ... 9
3.2.1 Success of import substitution in the agricultural sector has been limited...9
3.2.2 Russia has limited potential to replace imports by reorienting exports ... 10
3.2.3 Survey results highlight problems related to import substitution ... 10
4. Geographical origin of Russia’s imported inputs ... 11
4.1 EU is still the largest provider of imported inputs, but share has decreased...12
4.2 Origin of imports by Russian end-use industry ... 13
4.3 EU dominates high-technology input imports, but China’s share has increased ... 14
4.4 Assessing China’s potential to replace Western imports ... 16
5. Concluding remarks ... 17
References ... 18 |
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Tekijänoikeustiedot:
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https://helda.helsinki.fi/bof/copyright
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