Russian exports to Latin America: dynamics, structural shifts and geopoliti-cal challenges

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Abstract

The study reveals a paradoxical situation: despite sanctions, Russia has increased non-resource exports to Latin America (fertilizers, machinery, IT). Particular growth is observed in countries that are in conflict with the United States (Honduras, Nicaragua), while stagnation is observed in those that are a priority for Russian foreign policy (Cuba, Venezuela). As long as institutional conditions are insufficient, Russian business often ignores regional specifics. The authors propose the concept of «strategic customization», including a complete revision of business models to suit the realities of the region.

About the authors

Ekaterina Chirkunova

Federal State Autonomous Educational Institution of Higher Education Samara State University of Economics

Author for correspondence.
Email: ekchirkunova@gmail.com
ORCID iD: 0000-0002-6709-4967
SPIN-code: 3273-5499
Scopus Author ID: 57192556014

PhD in Economics, Associate Professor, Associate Professor of the Department of Regional Economics and Management; Senior Researcher at the Center for the Study of Asian, African and Latin American Countries

Russian Federation, Russian Federation, 443090, Samara, Sovetskoy Armii St., 141

Galina Anatolyevna Khmeleva

Federal State Autonomous Educational Institution of Higher Education Samara State University of Economics

Email: galina.a.khmeleva@yandex.ru
ORCID iD: 0000-0003-4953-9560
SPIN-code: 1156-4681
Scopus Author ID: 57205301323

Doctor of Economics, Professor, Chief Researcher at the Center for the Study of Asian, African and Latin American Countries

Russian Federation, Russian Federation, 443090, Samara, Sovetskoy Armii St., 141

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