Exporting potential of small businesses has not yet been unlocked, both in the Far East and in Russia as a whole
Today, out of 5.6 million companies in the SME sector, only 55,000 are exporters. That represents just 1%. In developed countries, that number stands at 5% to 10%. We have plenty of room for improvement — Natalya Minayeva, Regional Project Director, Russian Export Centre.
The most important thing that keeps people here is a stable income, earnings that are provided by an effective business. And effective business means new areas of cooperation, where niches have not been occupied yet — Valentina Filonenko, Deputy Minister of Economic Development of the Khabarovsk Territory.
What potential do we have in the Far East? From the standpoint of where our youth and where our SMEs are. First of all, the IT services, the export of education, the export of tourism. It appears to me that the export of tourism has very significant potential for the development of the region’s economy. And, of course, there is export of creative industries — Tatiana Poltavets, Head of the MBA Export to Asia Program, Academy of Management, Far Eastern Federal University.
Speaking about the volume of shipments, it is growing year over year. Last year, it increased by 26% for the Russian Post in general and amounted to 2.2 million items per year. It grew from 1.8 million to 2.2 million; we see this trend and expect it to hold in the upcoming years — Denis Buzykin, Director of E-Commerce, Far East Macroregion, Russian Post.
Franchise as an export model is also an emerging trend, and we see that often a successful business can be scaled up through a franchise sale. In terms of export, it is a fairly new direction which is not yet fully exploited by Russian companies, but they are starting to do it already — Maxim Chereshnev, Chairman, Russian Trade and Economy Development Council.