Export Vector of Development of Oil and Fat Industry: Regional Aspect

Abstract

The tasks of developing non-resource exports set for domestic producers require achieving competitiveness of Russian products on world markets, and creating a high-performance export-oriented sector in the basic industries. A significant place in their solution is given to the agricultural sector. The article contains the results of an author’s study of the possibilities, prospects and problems of the export-oriented development of the oil and fat industry in the Altai Territory. The definition of export potential and its quantitative assessment are given. The influence of macroeconomic factors on the market conditions of oil and fat products is investigated. The assessment of the possibilities of solving the problems facing the industry in the field of increasing the volume of export supplies is given. The conditions and directions of the export development of the oil and fat industry in the Altai Territory are studied, taking into account the main trends in the development of the world market. Promising export markets are identified and access opportunities to high-margin markets are assessed. The results of the study, conclusions and suggestions may be of interest to students, researchers and practitioners involved in organizing the export of agricultural products.