Exports of Goods from Ulyanovsk Region Increased by 211%
Over the first eight months of 2019, companies of the region shipped abroad more than $620 million worth of products. This is by 3.1 times more than last year.
“According to the national project "International Cooperation and Export", today the main task is to double the number of exporters and the volume of goods supplied to the external market. I am glad to see that we have already achieved certain results. Over the last five years this indicator has doubled, and over last 15 years it has increased by 4.5 times. But we should not stop here; currently the region is working to create a strategy for export development,” - Governor Sergey Morozov said.
Almost all products delivered to the external market - more than 98% - are non-oil and gas materials such as radiopharmaceutical agents, automotive vehicles, aviation and automotive components, processed wood products, furniture, electronic devices and communication equipment, fuel, and inorganic chemicals.
“This is the highest export rate in five years. Such growth is supported by implementation of the national project "International Cooperation and Export" in the region. Our trade and logistics hub in the Czech Republic demonstrates good results, thanks to which Ulyanovsk entrepreneurs signed agreements for trial shipments to a number of EU countries. In the future, we are planning to create such facilities in the Middle East and South-East Asia,” - said Ruslan Gainetdinov, Chairman of the Board of Entrepreneurship Development Corporation.
Over the first eight months of 2019, the export of live plants (81.73%), knitted fabrics (74.22%) and products made of feather-work and hair-work (71.65%) increased compared to the same period of last year.
Today 119 companies of the Ulyanovsk region supply their goods to the external market; nine of them has started shipping their products for the first time this year.
Ninety-two countries have become trading partners of regional manufacturers; most of them are from the non-CIS countries. Their share in the trade turnover made 92.3%, including 90.0% in export and 95.8% in import. Goods were delivered to 72 countries. The largest ones were Egypt (79.1%), Kazakhstan (4.5%), and Belarus (2.2%), as well as Germany, the USA, Azerbaijan, Saudi Arabia, Uzbekistan, and Hungary.
In 2019-2024, it is planned to allocate more than 956 billion rubles from the federal budget to implement the national project initiated by President Vladimir Putin. The number of Ulyanovsk exporters should double by 2024; the export of services by enterprises of the region should increase up to $280 million; the exports of non-oil and gas industrial goods must reach $750 million; and the exports of agricultural products is to make $72 million.