Patrakeeva O.Yu. Trading in Krasnodar region: analysis of dynamics and prospects

Olga Yurievna Patrakeeva 

Candidate of Economic Sciences, Scientific Researcher, Institute of the Social, Economic and Humanitarian Researches, Southern Scientific Center of the Russian Academy of Sciences 

OlgaPatrakeyeva@yandex.ru 

Prosp. Chekhova, 41, 344006 Rostov-on-Don, Russian Federation 


 Abstract. Trading is the ultimate link in any production chain. The effectiveness, capacity and velocity with which the goods produced in the economy and brought into the territory of a country reach their consumer depend on the width and the diversity of supply channels as well as on the level of their development. The analysis of the retail performance of Krasnodar region and Russia is based on statistics as a whole in dynamics (for the period 2005-2015 years): with an increase in turnover of retail trade, which occupies the main place in the regional consumer market. Its index of physical volume shows a downward trend. This trend is due to the crisis in the economy, namely the global financial crisis that occurred in 2008-2009 and due to a restrictive policy, which began in 2015 and which keeps going at present time. It is obvious that in the current situation the economic growth and real incomes are coming down and it leads to the reduction of consumption. The article identifies the promising areas of trade development in the Krasnodar krai. The strengthening of the interregional relations with the Crimean peninsula will allow the region of Kuban expanding the market. The real investments into the development of logistics, into the transport infrastructure of regions contribute to the increase of the production of the agricultural complex due to the reduction of the share of transport expenses in production costs. The article analyzes the performance of the foreign trade of the Krasnodar krai. It was shown that in the export structure products with a low added value (mineral, agricultural raw materials) dominate, while the tendency in the import is quite opposite. Thus it is necessary to suggest the measures to support the production of competitive products with a high added value, which will strengthen the export structure of commodity. 

Key words: retail trade, goods turnover, foreign commerce, interregional trade, transport accessibility, infrastructure, Krasnodar region. 

Attachments: /Patrakeeva.pdf