Foreign economic activity

According to the customs statistics of the Central customs administration, the foreign trade turnover of the Kursk region in the first quarter of 2019 amounted to 329.2 million dollars. And increased compared to the level of the first quarter of 2018 by 31.7 %.

Exports of Kursk region in the total foreign trade turnover is 40,0 %, or 131.5 million dollars. Imports – 60.0% or $ 197.7 million (101.6% compared to the first quarter of 2018). USA (164, 0 %).

The balance of foreign trade turnover of the region at the end of the first quarter of 2019 was negative and amounted to 66.1 million dollars. USA.

Economic entities of the Kursk region carried out foreign trade activities with partners from 79 countries near and far abroad.

The main trading partners of the Kursk region in the first quarter of 2019 were:

from CIS countries: Ukraine-15.4 % of the total foreign trade turnover of Kursk region, Belarus-8.1 %, Kazakhstan-2.9 %;

from foreign countries: Switzerland-29.5 % of the total foreign trade turnover of the Kursk region, China-6.9 %, Slovakia-6.4 %, Poland-3.1 %, Serbia-2.5 %, Italy-2.4 %, Latvia-2.1 %.

The nomenclature of export supplies of Kursk region are: iron ores and concentrates (30.0 % of total exports); food products and raw materials (34.6 %); chemical products, rubber (13.9%); engineering products (6.4%); metals and products thereof (5.8%); textiles, textiles and footwear (6.4%); wood and pulp and paper products (1.9%), leather raw materials (0.5%); other goods (0.5%).

Economic entities of the region delivered goods to the CIS countries in the amount of $ 50.3 million. USA. The predominant share in the volume of exports to the CIS countries is occupied by supplies to Belarus-35.3 % of the total exports of Kursk region to the CIS countries, Ukraine – 33,5 %, Kazakhstan 12.6 per cent.
The volume of exports to non-CIS countries in the first quarter of 2019 amounted to 81.2 million dollars. USA. The predominant share in exports in the far abroad countries take delivery to Slovakia – 25,7% of the total exports of the Kursk region in foreign countries, China – 20,0 %, Latvia and 8.4 %, Serbia and 8.4 %, Poland – by 4.4 %, Romania – 3.9 percent.

PJSC Mikhailovsky Ore Mining and Processing Enterprise,
JSC KONTI-RUS,
OJSC Kurskrezinotekhnika,
PJSC Kurskkhimvolokno,
OJSC «Pharmstandard-Leksredstva»
JSC «Kursk electrical equipment plant»
Open Society «Korenevsky factory of low-voltage equipment»
branch of the JSC «State Enterprise GP» GOTEK «
JSC «Rudavtomatika named after Safoshin «,
JSC Kurskmedsteklo
Unified production site of ISTOK + LLC and Kursk battery accumulator plant LLC

Imports are: chemical products, rubber (58.7 % of total imports); engineering products (17.7%); metals and articles thereof (8.9%); food and raw materials (4.8%); wood and pulp and paper products (3.7%); textiles, textiles and footwear (4.6%); mineral products (1.2%); other goods (0.4%).
At the end of the first quarter of 2019, goods were delivered to the Kursk region from the CIS countries in the amount of 49.1 million dollars. USA. The predominant share in the volume of imports from CIS countries is occupied by supplies from Ukraine-69.0 % of the total imports of Kursk region from CIS countries, Belarus – 18.2 %, Kazakhstan – 6.8 %.
Imports from non-CIS countries amounted to $ 148.6 million. USA. Leaders by the volume of supply in the Kursk region from foreign countries are Switzerland – 65.3 per cent of total imports in the Kursk region from CIS countries, Poland 4.5 %, China 4.4 percent, the Netherlands was 4.1 %, Italy 3.9 %, and Australia – 3,0 %,

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