Business tool to revitalize interregional trade

Abstract

The problem of international trade at the regional and country levels is considered. It is noted that after 2022, due to numerous sanctions, the geography of trade has undergone significant changes. The main trends in the development of trade for countries friendly and neutral in relation to Russia are determined. Statistics on the results of the Observatory of Economic Complexity for the Republic of Belarus and the Russian Federation are presented. The author notes that the statistical and scientific-methodological material of the Observatory of Economic Complexity is undeservedly little used in domestic practice. Based on the results of the study, the author reveals the possibility of widespread use of the described system by domestic economists and university professors. A number of issues for enhancing inter-country trade in goods and services were outlined. Particular attention is paid to the countries of the Global South. It is noted that there are opportunities to analyze trade between regions within a single country.