IMPORT TRENDS OF THE KURSK REGION IN THE CONDITIONS OF FOOD EMBARGO

For quite a long period of time, Russia has been developing its foreign trade activities, the main directions of export are energy resources, ferrous and non-ferrous metals, as well as minerals. At the same time, the change in the political situation against the background of the conflict with Ukraine and the subsequent introduction of a package of sanctions by the EU countries inevitably had a significant negative impact on the country's export-import relations. In response to sanctions pressure, Russia introduced a food embargo in 2014, thereby restricting the import of imported goods, which brought financial losses for the main importing countries, but also affected the country's food supply. During the study, an assessment was made of the development of imports of the Kursk region under the conditions of the food embargo, the main trends and their causes were identified. It was found that the volume of imports in the Kursk region in the last 5 years has been changing in a wave-like manner: in the period 2015-2016. there was a decrease in the import of goods, and since 2017, the upward trend has resumed. Reduction in import volumes in 2015-2016 due to the introduction of the food embargo and the intensification of the policy of import substitution, however, it soon became obvious that it was not possible to meet the emerging needs from internal resources.