Subject The article addresses the foreign trade competitiveness of the region. Objectives The aims of the study are to investigate the efficiency of international trade of the Chuvash Republic; to conduct aggregated and segmented assessment of foreign trade competitiveness of the Chuvash Republic, and to provide recommendations for improving the trading performance. Methods The study rests on the systems approach, using the statistical and cluster analysis. Results Weconsidered the current condition of the Russian economy, highlighted the main problems of its development, and substantiated the possibility of resolving them through increasing the efficiency of foreign trade at the level of the country and its regions. We performed an aggregated and segmented assessment of foreign trade competitiveness of the economy of the Chuvash Republic. It enabled to reveal strengths of importer countries in the general commodity turnover and seasonal fluctuations of exports. Our recommendations for improving foreign trade competitiveness rest on the cluster analysis of significant imports and exports. This analysis unveiled countries that contribute to turnover growth in the Chuvash Republic, as well as the main groups of commodities contributing to the balance of sales volume. Conclusions To improve the competitiveness of foreign trade of the Chuvash Republic, it is crucial to increase the efficiency of trade flow, i.e. imports from Belarus and the Netherlands, and exports to Armenia and Lithuania.
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