Chamber of Commerce and Industry of the Chuvash Republic
Chuvash Republic
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ECONOMY

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Summary of the Chuvash Republic industrial complex performance in January-November 2013

Industrial Production Index

In January-November 2013 IPI amounted to 94.0% (in Russia - 99.9%), including manufacturing - 93.7% (in Russia - 99.4%), production and distribution of electricity, gas and water - 97.5% (in Russia - 99.3%), mining - 84.9% (in Russia - 101.2%).

Shipping volume.
Manufacturing sector shipping volume in January- November 2013 amounted to 112.5 billion rubles, or 86.0% of the total volume of industrial production in the Chuvash Republic. The largest share in the manufacturing sector structure is accounted for the companies producing electrical, electronic and optical equipment - 20.6%, food products - 17.9%, chemical industry - 11.7%, vehicles and equipment - 15.0%, metallurgical production and fabricated metal products - 8.2%, machinery and equipment - 7.5%.

In January-October 2013:
Financial results. . Net financial result of the manufacturing sector organizations was positive and amounted to 1.7 billion rubles.
75% of the manufacturing sector companies are profit-making, the amount of the profit was 6.3 billion rubles and 25% of companies have worked at a loss, the amount of loss was 4.6 billion rubles.
Average monthly salary. Average monthly salary in the Chuvash Republic amounted to 18.9 thousand rubles thus having increased by 14% over the same period of the previous year. In the organizations of manufacturing sector average salary amounted to 18.9 thousand or 108.1% compared to the same period last year. The highest salary was reported in the organizations producing electrical and optical equipment - 26.6 thousand rubles, other non-metallic mineral products - 20.8 thousand rubles, chemical products - 20.6 thousand rubles, vehicles and equipment - 20.4 thousand rubles, machinery and equipment - 18.3 thousand rubles.
Average number of employees. Average number of employees working in the Chuvash Republic amounted to 352.0 thousand people; the number of employees working in the industrial organizations amounted to 95.9 thousand people.
Foreign trade activity. Foreign trade turnover of the Chuvash Republic for 10 months of 2013 amounted to 331.7 million U.S. dollars. Export increased by 5.7 % over the same period in 2012 – having thus amounted to 97.6 million U.S. dollars, import decreased by 14.4% falling down to 234.1 million U.S. dollars. Trade balance is negative and amounted to 136.5 million U.S. dollars (import predominance). The largest share of overall export belongs to chemical products - 60.5% and engineering products - 29.4%..
The main exporters are: branch of Firma “Avgust”, JSC, “VZSP”, “Khimprom”, JSC, “Promtractor”, JSC, “Cheboksarsky agregatny zavod”, JSC, “Akkond”, JSC.

 

Economic activities

2012

11 month 2013

 

Chuvash Republic

Russia

INDUSTRIAL PRODUCTION INDEX

107,1

94,0

99,9

Manufacturing

107,4

93,7

99,4

Food production, including beverages

114,5

96,3

102,1

Textile and garment manufacture

103,4

111,4

104,2

Production of leather, leather products and footwear

93,6

91,5

94,5

Wood-working and woodware production

116,1

121,9

100,9

Pulp and paper production; publishing and printing

102,3

119,6

94,0

Chemical production

105,7

96,6

104,5

Manufacture of rubber and plastic products

99,4

123,4

105,3

Manufacture of other non-metallic mineral products

114,9

119,3

101,0

Manufacture of basic metals and finished metal products

104,0

95,7

97,6

Machinery and equipment

111,4

84,8

92,5

Manufacture of electrical and optical equipment

98,8

98,8

96,5

Transport vehicles and equipment production

115,2

70,3

99,7

Others

129,6

87,7

95,4

Production and distribution of electricity, gas and water

102,7

97,5

99,3

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