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Prospects of the Chinese market for Russian agri-food exports

Author

Listed:
  • Natalia Karlova

    (HSE University, Moscow, Russia)

  • Eugenia Serova

    (HSE University, Moscow, Russia)

Abstract

One of the major targets of modern agri-food policy in Russia is a significant increase of agri-food exports — almost twice as much by 2024. In this projection, China is viewed as the most promising market. However, Russia's entrance to the Chinese market faces a number of constraints. In addition to the standard difficulties associated with Russia's agricultural and food exports (export infrastructure constraints, expensive logistics, and import bans on certain Russian products), there are fundamental constraints on supply to China in the long-term. This paper formulates a long-term view of the prospects of, and risks associated with, introducing Russian agricultural products into the Chinese market. Methodically, the paper is based on an evaluation of competitive performance by the conventional method of measuring a country's comparative trade advantages with the Balassa index. Also the authors use trade statistics of Comtrade, Russian and Chinese national statistic agencies, estimates of international analytical centers such as World Bank, USDA, OECD, McKinsey.

Suggested Citation

  • Natalia Karlova & Eugenia Serova, 2020. "Prospects of the Chinese market for Russian agri-food exports," Russian Journal of Economics, ARPHA Platform, vol. 6(1), pages 71-90, March.
    • Handle: RePEc:arh:jrujec:v:6:y:2020:i:1:p:71-90
    DOI: 10.32609/j.ruje.6.50824
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    References listed on IDEAS

    as
    1. Minghao Li & Wendong Zhang & Dermot J. Hayes, 2018. "Can China's Rural Land Policy Reforms Solve its Farmland Dilemma?," Center for Agricultural and Rural Development (CARD) Publications apr-winter-2018-4, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    agriculture agri-food policy agri-food exports agricultural markets agriculture in international trade.;

    JEL classification:

    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade

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