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Prospects for exporting Russian machinery and equipment to Africa

Author

Listed:
  • Galina Aleksandrovna Orlova

    (Russian Foreign Trade Academy, Moscow, Russia)

  • Yuri Anatolievich Savinov

    (Russian Foreign Trade Academy, Moscow, Russia)

  • Viktor Nikolaevich Kirillov

    (State University of Management, Moscow, Russia)

  • Evgenija Vadimovna Taranovskaja

    (Russian Foreign Trade Academy, Moscow, Russia)

Abstract

The attention of exporters has increased to the import potential of African countries in recent years. Industrialization and economic growth apparently result in higher demand for imports of engineering products. In the article, the authors present Russian companies’ practice of using the emerging opportunities to export Russian equipment to the African market. The importance for export development of the Russia-Africa forum held in Sochi in October 2019 is underlined. Particularly, the opportunities for exporting automotive, mining, railway and power equipment, as well as the possibility high-tech products are outlined.

Suggested Citation

  • Galina Aleksandrovna Orlova & Yuri Anatolievich Savinov & Viktor Nikolaevich Kirillov & Evgenija Vadimovna Taranovskaja, 2020. "Prospects for exporting Russian machinery and equipment to Africa," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 3, pages 72-81, March.
    • Handle: RePEc:alq:rufejo:rfej_2020_03_72-81
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