Economy

REC: Udmurtia's Exports Grew 23% in 2021

The exports of Russia’s Udmurt Republic increased by 23% in 2021, Veronika Nikishina, head of the Russian Export Center JSC (REC, part of VEB.RF), revealed after a meeting of the export council.
Sputnik
"Udmurtia is a region that has been showing fantastic export dynamics lately. Last year, the region's exports increased by 23%. It is a credit both to the exporters, who felt bold enough to enter foreign markets, and to the region's team, which formed a set of such regional support measures, that facilitate the companies' access to exports," the REC head said.
She further noted that the republic's products are now represented in 90 countries: “This is no coincidence. I am sure that the companies of the region will be able to take advantage of the current situation and open new markets for themselves,” said Nikishina.
"Non-energy exports of Udmurtia have almost tripled in five years: in 2017 [they] amounted to $195 million, and in 2021 - $540 million. We are actively working with export-oriented entrepreneurs, and the Russian Export Center provides invaluable assistance in this work," head of the Udmurt Republic Alexander Brechalov added.
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