Moscow Exports of High-Tech Products Grew by Almost 15%

The volume of exports of high-tech products in Moscow for the first seven months of 2021 amounted to $15.9 billion, which is 14.3 per cent more than the same period last year. The city’s share in the all-Russian export volume in this direction exceeded 27 per cent.  

Picture: Kedu

“Every fourth ruble of foreign sales of high-tech products of the country today falls on Moscow. And in terms of total exports, the capital of Russia entered the top 5 world-leading megacities by the end of last year,” the Vice Mayor of Moscow, Natalia Sergunina, said.

According to the Deputy Mayor of Moscow for Economic Policy and Property and Land Relations, Vladimir Efimov, in the structure of high-tech exports, one of the best growth indicators is demonstrated by the commodity category, which includes optics, measuring instruments, and medical equipment: by the end of January-July 2021, the volume of deliveries amounted to $251.06 million, which is a third more than in the same period last year.

Thus, exports of medical devices increased by 22.7 per cent and amounted to $19.64 million, and the volume of supplies of equipment for physical and chemical analysis increased by 65.7 per cent to $20.66 million.

“Most often, foreign buyers purchased turbojet engines, tires for cars and trucks, make-up and skincare products during this period,” the Head of the Department of Entrepreneurship and Innovative Development of Moscow, Alexey Fursin, specified.

Ru-Main, 04.11.2021
Source: Moscow Mayor’s Official Website 

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