Russia in Global Value Chains

DOI: 10.20542/0131-2227-2018-62-9-71-80

E. Sidorova (, 
Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation; 
MGIMO University, 76, Prosp. Vernadskogo, Moscow, 119454, Russian Federation 

Acknowledgements. The article was prepared at the Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences and supported by a grant from the Russian Science Foundation (project no. 14-28-00097 “The optimization of Russian external investment ties in the conditions of deteriorating relations with the EU”).

Abstract. A new dimension of the globalization process of the 21st century is the spread of global value chains (GVCs), or fragmentation of production. The construction of value chains in the transnational context is shown. The concepts, peculiarities of GVCs, estimation of participation in them of particular countries, including Russia, are considered. Russia’s role in GVCs as one of the world’s leading energy suppliers is analyzed on the basis of current statistics of leading international databases (WIOD, TiVA). For successful integration of Russia into the GVC, it is necessary to reconsider the priorities of state industrial and economic policy. Taking that into account, one of the main goals should become creating healthy institutional environment and developing the strategy of supporting national companies in the strategic economic spheres (especially in manufacturing). While adjusting the state economic policy it’s important not only to create new competitive advantages, but also to maintain the existing ones. Russian Federation plays a significant role in the GVCs as one of the world’s main natural resources suppliers, with high revenues of the energy companies involved. It’s important to broaden Russian companies’ activity in the GVCs not only in the lower parts (resources), but also to move upward the GVC by taking part in the upper levels (R&D, marketing, etc.). Russian energy policy in the last few years noticeably changed. The existing GVCs with the EU companies have been created decades ago, main Russian energy companies are important part of European GVC’s. But now, due to political situation, such cooperation is considered to be mostly vulnerability, and not as solemnly benefit. Moreover, such situation coincides with the existing great demand for the energy resources from the countries of the Asian-Pacific region, especially China. Therefore, Russian “Turn to the East”, which was initially a geopolitical move, has gained a strong economic dimension now. 

Keywords: Global value chains (GVCs), world economy, globalization, Russia, fuel and energy complex 


1. Maddison A. Ekonomicheskoe razvitie v stranakh Zapada [Economic Growth in the West]. Moscow, Progress, 1967. 373 p.

2. Johnson R.C., Noguera G. Fragmentation and Trade in Value Added over Four Decades. NBER Working Paper, 2012, no. 18186. 61 p.

3. Banga K. Impact of Linking into Global Value Chains on Indian Employment. CEP Working Paper, 2017/1. 34 p.

4. Sheng A., Geng X. How China Is Moving out of Debt and Up the Value Chain. August 9, 2017. Available at: (accessed 15.01.2018).

5. Global Value Chain Initiative (GVCI). Available at: (accessed 21.11.2017).

6. A guide to measuring global production. NY, UN, 2016. 194 p. (In Russ.)

7. Elms D., Low P., eds. Global Value hains in a Changing World. Geneva, WTO, 2013. 409 p.

8. Kondrat’ev V.B. Mirovaya ekonomika kak sistema global’nykh tsepochek stoimosti [Global economy as a system of global value chains]. Mirovaya ekonomika i mezhdunarodnye otnosheniya, 2015, no. 3, pp. 5-17.

9. Klinov V.G., Revenko L.S., Ruzhinskaya T.I. Mirovye tovarnye rynki i tseny [World commodity markets and prices]. Revenko L.S., ed. Moscow, MGIMO, 2018. 664 p.

10. Varnavskii V.G. Mezhdunarodnaya torgovlya v kategoriyakh dobavlennoi stoimosti: voprosy metodologii [International trade in value-added categories: methodology issues]. Mirovaya ekonomika i mezhdunarodnye otnosheniya, 2018, vol. 62, no. 1, pp. 5-15.

11. Gereffi G., Fernandez-Stark K. Global Value Chain Analysis: a Primer. Durham, Duke University, 2016. 34 p. Available at: (accessed 24.11.2017).

12. Knyaginin V.B. Modul’naya revolyutsiya: rasprostranenie modul’nogo dizaina i epokha modul’nykh platform [Modular revolution: the spread of modular design and the age of modular platforms]. Sankt-Peterburg, Tsentr strategicheskikh razrabotok “Severo-Zapad”, 2013. 80 p.

13. Backer K. de, Miroudot S. Mapping Global Value Chains. Paper Prepared for the Final WIOD Conference: Causes and Consequences of Globalization. Groningen, 2012. 19 p.

14. Timmer M. Measuring Global Value Chains with the WIOD (World Input-Output Database). Paris, OECD, September 21, 2010. Available at: (accessed 20.11.2017).

15. Timmer M., Erumban A.A., Los B., Stehrer R., Vries G. de. New Measures of European Competitiveness: A Global Value Chain Perspective. 2012. Available at: (accessed 20.11.2017).

16. OECD–WTO Database on Trade in Value-Added. January 16, 2013. Available at: (accessed 20.11.2017).

17. TiVA 2016 Indicators – Definitions. March 2017. 22 p. Available at: (accessed 20.11.2017).

18. Measuring and Analyzing the Impact of GVCs on Economic Development. Global Value Chain Development Report. Washington, World Bank, 2017. 95 .

19. Amador J., Cabral S. Networks of Value Added Trade. ECB Working Paper. 2016, no. 1931. 29 p.

20. Trade in Value-Added and Global Value Chains: Statistical Profiles. Available at: (accessed 23.03.2018).

21. Trade in Value-Added and Global Value Chains: Statistical Profiles. Russian Federation (1995–2011). Available at: (accessed 20.11.2017).

22. OECD-WTO: Statistics on Trade in Value-Added. Available at: (accessed 20.03.2018).

23. Arto I., Rueda-Cantuche J., Amores A., Dietzenbacher E., Sousa N., Montinari L., Markandya A. EU Exports to the World: Effects on Employment and Income. Luxembourg, European Commission, 2015. 286 .

24. Sidorova E.A. Problemy povysheniya konkurentosposobnosti Rossii [Problems of improving Russia’s competitiveness]. Rossiiskii vneshneekonomicheskii vestnik, 2007, no. 6, pp. 36-45.

25. Escaith H., Inomata S., Miroudot S. The Evolution of Production Networks in the Asia Pacific. 2017. Available at: (accessed 21.11.2017).

26. Kuboniwa M. Russia’s Global Value Chain Using a Modified World Input-Output Data. Russian Research Center (RRC) Working Paper (Institute of Economic Research, Hitotsubashi University). December 2014, Special issue no. 50. 46 p.

27. Ahmed Gh. Wheat Value Chain and Global Food Security. Durham, Duke University, 2017. 35 p.

28. Klinova M.V. The Transformation of State Enterprises in Russian Networks, 1990–2005. Transforming Public Enterprise in Europe and North America. London, Palgrave Macmillan UK, 2007, pp. 157-171.

29. Energy strategy of Russia for the period up to 2035 (In Russ.) Available at: (accessed 24.11.2017).

30. Gromyko Al., Fedorov V., eds. Evropa XXI veka. Novye vyzovy i riski [Europe of XXI century. New challenges and risks]. Moscow, St. Petersburg, Nestor-History, 2017. 584 .

31. Boussena S., Locatelli C. Energy Institutional and Organisational Changes in EU and Russia: Revisiting Gas Relations. Cahiers de recherche, 2012, no. 17. 20 .

32. Trade in Value Added (Edition 2017). Available at: (accessed 24.03.2018).

33. Kuznetsov A.V. Transnatsional’nye korporatsii stran BRIKS [Transnational corporations of BRICS countries]. Mirovaya ekonomika i mezhdunarodnye otnosheniya, 2012, no. 3, pp. 3-11.

34. Belyi A.V. Transnational Gas Markets and Euro-Russian Energy Relations. London, Palgrave Macmillan UK, 2015. 217 p.

35. World Input-Output Database. World Input-Output Tables. Available at: (accessed 31.01.2018).

36. UN Comtrade Database. Available at: (accessed 31.01.2018).

37. Gazprom: Business Growth, Enhancing Supply Security. Gazprom Investor Day 2018. Available at: (accessed 31.01.2018).

38. Kuzemko C., Belyi A., Goldthau A., Keating M., eds. Dynamics of Energy Governance in Europe and Russia. London, Palgrave Macmillan UK, 2012. 292 p.

39. Gusev A., Westphal K. Russian Energy Policies Revisited. Berlin, Stiftung Wissenschaft und Politik, 2015. 54 p.

40. Gereffi G., Humphrey J., Sturgeon T. The Governance of Global Value Chains. Review of International Political Economy, 2005, vol. 12, no. 1, pp. 78-104.

41. Europe Shuns Russian Oil as Boost of Chinese Flows Hits Quality. Reuters, 05.02.2018. Available at: (accessed 23.03.2018). 

Registered in System SCIENCE INDEX

For citation:
Sidorova E. Russia in Global Value Chains. World Eonomy and International Relations, 2018, vol. 62, no. 9, pp. 71-80.

Comments (0)

No comments

Add comment






Dear authors! Please note that in the VAK List of peer-reviewed scientific journals, in which the main scientific results of dissertations for the degree of candidate and doctor of sciences should be published for the “MEMO Journal” the following specialties are recorded:
economic sciences:
5.2.5. World Economy.
5.2.1. Economic Theory
5.2.3. Regional and Branch Economics
political sciences:
5.5.4. International Relations
5.5.1. History and Theory of Politics
5.5.2. Political Institutions, Processes, Technologies


Current Issue
2024, vol. 68, No. 7
Topical Themes of the Issue:
  • The Supporting Structure of Global Security
  • Institutional Features of the Fourth Energy Transition
  • The Evolution of Modern German Christian Democracy
  • The Monarchies of the Persian Gulf and Central Asia
Submit an Article
The Editorial Board invites authors to write analytical articles on the following topics:
  • changes in the processes of globalization in modern conditions
  • formation of the new world order
  • shifts in civilization at the stage of transition to a digital society

The editors are also interested in publishing synthesis articles / scientific reviews revealing the main trends in the development of certain regions of the world - Latin America, Africa, South Asia, etc.