Foreign trade is of ever increasing importance in the economy of the Khabarovsk Krai, providing solutions to many of the problems of the structural reorganization, the technical re-equipment of production, the provision of the industries with their most important materials and providing the population with foodstuffs and consumer goods that are needed.
Traditionally, a significant part of the export-import ties were oriented towards Japan. Since the beginning of the 1980s, border ties with China have rapidly developed. China has become the leading trade partner with the Khabarovsk Krai, and is still rapidly developing. In recent years, the trade and cooperative relations with the Eastern Europe countries have reduced significantly, while on the contrary, the share of the Pacific countries, the USA, the Republic of Korea, Australia, New Zealand and Singapore have sharply increased.
| Country | Products |
|---|---|
| Japan | Timber, lumber, processing chips, fish, scraps of ferrous and nonferrous metals, aluminum alloys and petroleum products |
| China | Machinery and equipment, timber, lumber, ferrous metals rolled stock, fish, fertilizers, scraps of ferrous and non-ferrous metals, consumer goods, cellulose and cardboard |
| Republic of Korea | Timber, rolled stock, fish products, concentrates of non-ferrous metals |
Raw materials (oil products, timber, fish and metals) form the basis of export. At the same time, the export potential of the Krai allows for an increase of the export of machinery and equipment, lumber, furniture, cellulose, cardboard, aluminum rolled stock, tailored goods and other kinds of products.
The major branch of the export specialization of the Krai is the timber industry, where the main objective is to increase the export of timber with the constant growth of share of processed wood products in the total volume. Meanwhile, the cost of the processed timber (cellulose, cardboard, lumber and processing chips) is still 3 times less than the cost of raw timber export.
In recent years, new kinds of products appeared in the export of the Krai, including copper concentrate, aluminum alloys, cardboard, personal motor boats, launches and yachts.
Export potential of prominent products
| Product | Unit | Export Potential |
|---|---|---|
| Timber | thd.cu.m. | 3000 |
| Lumber | thd.cu.m. | 150 |
| Cellulose | thd.t. | 80 |
| Oil products Ferrous metals | thd.t. | 1000 |
| Rolled stock | thd.t. | 150 |
| Fish | thd.t. | 80 |
| Copper & tin concentrates | thd.t. | 100 |
Consumer goods (30%), foodstuffs and raw materials for production of foodstuffs (31%) are the major imports of the Krai. Machines, equipment and vehicles are also imported (30%).
| Enterprise | Products |
|---|---|
| Dalles | Timber & timber products |
| Solnechny Mining & Dressing Integrated Works | Copper & tin concentrates |
| Komsomolski Oil-Refinery Works | Oil products |
| "Amurstal" Plant | Ferrous metals |
| Dallesprom | Timber & timber products |
| JV "Vostokmetall" | Aluminum alloys |
| Amur River Steamship Company | Transportation services |
| IA "Amurskbumprom" | Cellulose, cardboard |
| JV "Daltelecom International" | Communication services |
As a result of the decentralization of foreign economic activity, state-owned and private enterprises, foreign economic associations and companies and joint ventures are working within the foreign market.