The Efficiency of Grain Exports as a Factor in Increasing the Stability of the Domestic Market of Agricultural Products

Abstract

The article discusses the issues of improving the efficiency of grain exports in foreign markets, taking into account both the volume of grain production by domestic agricultural producers and in the context of market conditions on world trading platforms. The approaches to the formation of the scientific basis for the development of competitive advantages of international exchange in this sector are analysed, and a critical analysis of various interpretations and views on the development of foreign trade operations in commodity markets, which, undoubtedly, should include the grain market and its derivatives, is made. In addition to the various theories consideration of international trade at the current stage of the development of international relations of the goods and services exchange, the specifics of the grain market are determined, which is expressed to a very high degree in the methodology of the types of research used. In addition to analysing the volume and cost of export supplies of products in this market, we conducted a PEST analysis of the positions of the Russian Federation in the global grain market, thanks to which it is possible to determine the vector of development of trade relations in the medium and long term with a high degree of probability. In conclusion, the study’s conclusions and the main directions for improving the efficiency of grain production are presented; considering the export component, the forecast growth of grain export indicators, both physical and economic, is calculated.