INTERACTION OF BRICS COUNTRIES IN THE AGRO-INDUSTRIAL COMPLEX: REVIEW AND ANALYSIS OF EXPORT ACTIVITIES
The BRICS countries play a key role in the global agricultural market. This article is devoted to the study of the export of agricultural products by the BRICS countries. During the analysis of the export potential of the countries, the main sectors of specialization of the agro-industrial complex of the BRICS member countries were identified. The article analyzes the total volume of exports of goods of the BRICS countries from 2018 to 2024, a period that covers the time of the COVID-19 pandemic and post-pandemic recovery, the period of transformation of the world order and associated conflicts in the world. During the analysis of the share of agricultural exports of countries in the total volume of exports, it was revealed that the share of exports of the agricultural group of goods of the BRICS countries in the global indicator is about 20.0% annually. The authors note that the countries of the association have a high export potential of agricultural products, which is based on the complementarity of their economies. The article reflects joint investment projects of the countries in the field of agro-industrial complex development, with China being the leader in foreign direct investment in the BRICS countries. At the same time, the authors identified problems in the implementation of export activities of the BRICS countries and reflected possible ways to solve them.
Rastopchina Y.L., Kovaleva E.I., Vaganova O.V. “Interaction of BRICS countries in the agro-industrial complex: review and analysis of export activities”, Research Result. Economic Research, 11(2), 17-30, DOI: 10.18413/2409-1634-2025-11-2-0-2
While nobody left any comments to this publication.
You can be first.
1. Investments in the Russian-Indian enterprise in the Rostov region will amount to 350 million dollars. Informatsionnoe agentstvo TASS RF, available at: https://tass.ru/ekonomika/9710491 (Accessed 05 February 2025) (in Russian)
2. Chinese company New Hope to build a feed production complex in Egypt. Analiticheskaya kompaniya Feedlot, available at: https://feedlot.ru/novosti/kitajskaya-kompaniya-new-hope-postroit-v-egipte-kompleks-po-proizvodstvu-kombikormov (Accessed 20 January 2025) (in Russian)
3. A Chinese wind energy company has decided to build a plant in Brazil. Informacionnoe agentstvo Krasnaya Vesna, available at: https://rossaprimavera.ru/news/6baf1a3a (Accessed 20 December 2024) (in Russian)
4. Kovaleva E.I., Rastopchina Yu.L., Sivtsova N.F., Bozhkov Yu.N. (2022) “Competitive advantages and review of specializations of the BRICS countries”, Ekonomika i predprinimatelstvo. 2022. № 11 (148). С. 160-167. (in Russian)
5. Krichker D.R., Kot E.M. (2024) “Prospects for Russian exports to the markets of agricultural products of the BRICS member countries in connection with its expansion”, Teoriya i praktika mirovoy nauki. 2024. № 2. С. 12-23. (in Russian)
6. Kuibyshev Azot opens production in India. Otraslevoe izdanie Fertilizer Daily, OOO «Didzhital Tri», available at: https://www.fertilizerdaily.ru/20240530-kujbyshevazot-otkryl-proizvodstvo-v-indii/ (Accessed 28 January 2025) (in Russian)
7. Total volume of exports of goods of BRICS countries, 2018-2024. Portal statistiki VTO, available at: https://stats.wto.org/?idSavedQuery=1303c83e-ef2f-40ec-a0aa-4ef53a45842b (Accessed 14 April 2025) (in Russian)
8. Paptsov A.G., Shelamova A.N. (2016) “Features of innovation policy in the agro-industrial complex of the BRICS countries”, Ekonomika selskogo khozyaystva Rossii. 2016. № 7. С. 86-93. (in Russian)
9. World Development Indicators: Structure of Value Added. Gruppa Vsemirnogo banka, 2017-2025, available at: https://wdi.worldbank.org/table/4.2 (in English) (Accessed 14 April 2025)
10. Russian agricultural exports. Federalny tsentr razvitiya eksporta produktsii APK Minselkhoza Rossii, available at: https://aemcx.ru/export/rusexport/ (Accessed 12 March 2025) (in Russian)
11. Ruban-Lazareva N.V. (2024) “Strategy for the Development of International Tax Relations of the AIC of the BRICS Countries”, APK: ekonomika, upravlenie. 2024. № 12. С. 119-125. DOI 10.33305/2412-119. (in Russian)
12. Agriculture in the BRICS countries: expansion and deepening: doklad Natsionalnogo koordinatsionnogo tsentra mezhdunarodnogo delovogo sotrudnichestva (NKCz), Instituta Kitaya i sovremennoy Azii RAN, 2024, available at: https://nccibc.ru/upload/iblock/cda/w7zm69k6biylumc66zv9kk64dunc4mki.pdf (Accessed 28 August 2024) (in Russian)
13. Joint development of agriculture within the BRICS framework. Informatsionny portal BRICS, available at: https://infobrics.org/post/40692/ (Accessed 09 December 2024) (in Russian)
14. Starodubtseva E.B., Volodina V.N., Medvedeva M.B. (2024) “Trade and economic cooperation of the BRICS countries in the agricultural sector: prospects for the use of new financial and currency instruments”, Mezhdunarodny selskokhozyaistvenny zhurnal. 2024. Т. 67. № 3 (399). С. 317-321. (in Russian)
15. BRICS countries export by agricultural product group, 2018-2023 гг., Portal statistiki VTO, available at: https://stats.wto.org/?idSavedQuery=d5a1fa03-72a4-45f9-b1d2-fe486dab5839 (Accessed 14 April 2025) (in English)
16. Glauben T., Duric I. (2024) “BRICS: World Heavyweight in Agricultural Trade”, Intereconomics. 2024. Т. 59. № 3. Рр. 160-166. DOI: 10.2478/ie-2024-0033. (in English)