International Trade on Metals: Perspectives for Russian Export
https://doi.org/10.21686/2410-7395-2025-2-121-136
Abstract
Based on the analysis of international trade in metals, the article substantiates the relevant foreign economic prospects for the Russian metallurgy. The relevance of the study lies in the fact that foreign economic restrictions and international competition create difficulties for Russian metal exports. Intercountry and interspecific comparative analysis with the calculation of increments and shares and logical analysis were used as methods for studying the dynamics of international trade in metals. It has been revealed that the favorable price environment for non-ferrous metals, the continued high global consumption of metals and the geographically diversified demand of Russia-friendly countries for steel imports are positive factors in maintaining and developing Russian metal exports. An important factor is China's reaction to the customs duties imposed on its goods by the United States in April 2025. The significant share of Russia and friendly countries in global metal exports, the distribution of exports between them and their growth make it promising to establish an association of developing metal exporting countries. The scientific novelty of the results obtained lies in the fact that they make it possible to identify both the prospects for increasing the country's exports directly and the prospects for ensuring conditions for its development through the organization of an international export partnership. In the first case, it is proposed to estimate the import values of the goods in question by friendly countries, and in the second case, the export values of the goods in question by the exporting country and partner countries.
About the Author
A. V. RatnerRussian Federation
Artem V. Ratner - PhD, Senior Research Fellow of Center for Regional Comparative Studies
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Review
For citations:
Ratner A.V. International Trade on Metals: Perspectives for Russian Export. International Trade and Trade Policy. 2025;11(2):121-136. (In Russ.) https://doi.org/10.21686/2410-7395-2025-2-121-136