Russia and Tanzania: Bilateral trade relation analysis

dc.contributor.authorPatturi, Ya. V.
dc.contributor.authorMaskaeva, A. I.
dc.date.accessioned2020-11-24T14:23:06Z
dc.date.available2020-11-24T14:23:06Z
dc.date.issued2018
dc.descriptionFull text article. Also available at https://dx.doi.org/10.15405/epsbs.2019.04.61en_US
dc.description.abstractThe article analyzes the development of trade relations between Russia and Tanzania in 2010-2017, defining the Tanzania’s contribution to Russia’s foreign trade, the dynamics and commodity structure of mutual export and import of the two countries, the degree of intensity of trade relations, factors hindering the development of trade, and perspective directions of diversification of bilateral trade and economic relations. The assessment of promising sectors of the economy for the development of mutually beneficial trade with Russia is carried out using the Tanzania Social Accounting Matrix, according to which export and import-oriented sectors and its subsectors were identified, including the analysis of the main factors of production contributing to the formation of their gross value added. An insufficient level of capital utilization in the industrial sector of the Tanzanian economy explains the low degree of industrialization of the leading branches of industry and high share of imports in trade operations. The commodity structure of Russian-Tanzanian exports and imports by types and certain categories of priority goods, as well as product groups, which characterize the highest rates of growth and decrease in the trade turnover between the countries in 2015-2017 are revealed. According to the results of the analysis, there is a mutually beneficial trade and economic strategic cooperation between Russia and Tanzania, which involves optimizing the commodity-specific structure of trade, increasing Russia’s investment activity in the extractive industries, chemical industry, agriculture, engineering, etc., as well as in the field of educational, transport, tourist and other services in Tanzania.en_US
dc.identifier.citationPatturi, Ya. V. & Maskaeva, A. I. (2018). Russia and Tanzania: Bilateral trade relation analysis. In the European Proceedings of Social & Behavioural Sciences (pp.569-578). Future Academy, Russia.en_US
dc.identifier.otherDOI:10.15405/epsbs.2019.04.61
dc.identifier.urihttp://hdl.handle.net/20.500.12661/2594
dc.language.isoenen_US
dc.publisherFuture Academyen_US
dc.subjectBilateral tradeen_US
dc.subjectExporten_US
dc.subjectImporten_US
dc.subjectRussiaen_US
dc.subjectTanzaniaen_US
dc.subjectSocial accounting matrixen_US
dc.subjectTrade relationsen_US
dc.subjectEconomic relationsen_US
dc.subjectRussia’s foreign tradeen_US
dc.subjectRussia’s investmenten_US
dc.subjectIndex of intensity tradeen_US
dc.titleRussia and Tanzania: Bilateral trade relation analysisen_US
dc.title.alternativeIn the European Proceedings of Social & Behavioural Sciencesen_US
dc.typeConference Proceedingsen_US
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