ABOUT THE REGION

The Republic of Adygea is a subject of the Russian Federation. It is part of the Southern Federal District and is part of the North Caucasus Economic Region. The capital is the city of Maykop.

The Republic of Adygea is located in the central part of the Northwestern Caucasus, in the basins of the Kuban, Laba and Belaya rivers. The geographical location of Adygea is very convenient. It provides favorable conditions for its economic development. Railways and highways connect the Republic of Adygea with many regions of the Krasnodar Territory, the Russian Federation and the republics of the near abroad. The climate of the Republic of Adygea is moderately warm, with precipitation of 540-860 mm. per year.

Official languages: Russian and Adyghe.

Export

Non-primary non-energy exports prevail in the Republic of Adygea with a share of 99.87%. Total exports in 2020 amounted to $25,292,042. 40.

Traditionally, the leading positions in the export structure of the region are occupied by agricultural products, woodworking, as well as mechanical equipment and machinery.

The main export markets of Adygea in 2020 are Abkhazia, Belarus, Kazakhstan, Lithuania, China, Ukraine, Israel, Azerbaijan, Kyrgyzstan, Vietnam, Jordan, Armenia, Turkey, and the Netherlands.

Structure of non-primary exports of the Republic of Adygea, 2020 (according to the Russian Export Center)

  • Refined sunflower oil (HS code 151219)
  • Oak lumber (HS code 440791)
  • Gears and helical gears, gearboxes (HS code 848340)
  • Fermented milk products, except yogurt (HS code 040390)
  • Other lifting and transport equipment (HS code 842890)
  • Other industrial fatty acids (HS code 382319)
  • Other soft drinks (HS code 220299)
  • Waterless paints and lacquers based on polyesters (HS code 320810)
  • Corrugated paper and cardboard (HS code 480810)

2020

In 2020, the export of the Republic of Adygea amounted to 25.3 million US dollars, which is 11.3% less than in 2019. The value of exports to non-CIS countries amounted to 15.3 million US dollars (2019 — 17.0 million US dollars), to the CIS countries-10.0 million US dollars (2019-11.6 million US dollars). Exports in the 4th quarter of 2020 amounted to US $ 8.8 million, or 109.5 % of the volumes of October—December 2019.

The largest trading partners in the export of the Republic of Adygea by the end of 2020 are (in descending order of cost): Abkhazia (14.7 %), Belarus (9.2%), Turkey (9.1%), Kazakhstan (8.1%), Lithuania (7.2%), Ukraine (6.4%), China (6.1%), Israel (5.9%), Azerbaijan (5.2%), Kyrgyzstan (4.6%), Armenia (3.6%).

The commodity structure of the republic’s exports is mainly presented (in descending order of value): food products and raw materials for their production (49.3 %), machine-building products (17.7%), chemical products (15.7%), wood and pulp and paper products (15.7%).

 

In 2020 export value volumes:

– food products and agricultural raw materials for their production amounted to 12.5 million US dollars, which is 2.3% less than in 2019 (main trading partners: Abkhazia, Turkey, China, Ukraine, Azerbaijan, Vietnam, Kazakhstan, Jordan, Armenia, Belarus, Germany).

– machine-building products amounted to about $ 4.5 million, which is 3% less than the volume of 2019. (main trading partners: Belarus, Kyrgyzstan, Kazakhstan, Armenia, Moldova, Romania, Uzbekistan, Ukraine).

– chemical products amounted to about $ 4.0 million, or 120.1 % compared to 2019. (main trading partners: Israel, the Netherlands, Ukraine, Kazakhstan, Abkhazia, Germany, South Ossetia, Georgia, France, Spain, Hungary).

– wood and pulp and paper products accounted for about US $ 4.0 million, or 57% of 2019 volumes. (main trading partners: Lithuania, Abkhazia, Azerbaijan, Armenia, France, Uzbekistan, Kazakhstan, Georgia, the Netherlands).