Cosmetics, auto and medical equipment: what other Moscow goods are purchased abroad this year

November 10
Economy and entrepreneurship

Eight months of 2021 saw Moscow's non-resource non-energy exports increase by 32 percent to USD20.13 bln. Industrial products are among leaders: mechanical and medical equipment, cosmetics and auto equipment components. This was announced by Vladimir Efimov, Deputy Moscow Mayor for Economic Policy and Property and Land Relations.

"Moscow today is a leader among Russian regions in terms of non-resource non-energy products supplies. The capital’s share is 16.6 percent of all Russian exports. Most of the supplies are the industrial goods, and interest in them is growing annually: in 2021, exports in this category increased by 36.1 percent compared to last year and by 27.3 percent — to 2019. In monetary terms, industrial exports for the first eight months of 2021 amounted to USD17.77 bln, and exports of the agro-industrial complex amounted to USD2.36 bln," Vladimir Efimov said.

Moscow products are purchased in 180 countries around the world. The main importers are Kazakhstan, Belarus, the USA and Germany. They account for more than 35 percent of all Moscow supplies.

This year, the volume of non-resource non-energy exports to Kazakhstan amounted to USD2.07 bln — almost 30 percent more compared to the same period in 2020.

Supplies to Belarus reached USD1.99 bln (30.9 percent more than in 2020), to the USA — USD1.86 bln (28.3 percent more) and to Germany — USD1.20 bln (61.6 percent more compared to the same period in 2020).

"In terms of industrial exports, Moscow is selling abroad mechanical equipment, such as filtering products and telecommunications equipment, plastic and various products made of it — children's goods and toys, auto equipment and their components. In addition, optics, measuring instruments and medical equipment," said Alexander Prokhorov, Head of the capital's Department of Investment and Industrial Policy.

According to the Mosprom Export Support and Development Centre, supplies of chocolate, cheese and fermented milk products, meat and ready-made meat products, sausage and snacks are the most promising in the export of the agro-industrial complex.

The main trading partners of the capital include Belarus and Kazakhstan, these two countries account for more than 20 percent of the Moscow total exports of the agro-industrial complex goods.

Mosprom Centre, subordinated to the capital's Department of Investment and Industrial Policy is engaged in supporting the capital's industrial exports and agricultural products exports.

The centre's experts analyze the target markets for the capital's producers, study the macroeconomic report on the target market, the risk profile, including entry barriers, the state of the industry in the target market and its dependence on exports and imports, conduct a SWOT analysis of the consumer market. They also carry out individual analytics, which helps determine the most effective strategy for the manufacturer's entering foreign markets.

Within the framework of the buyer program Mosprom helps Moscow companies find contractors and negotiate with potential buyers abroad free of charge and on the basis of specific export needs, ensures the participation of Moscow manufacturers in international exhibitions and business missions.

Source: mos.ru

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