Analysis of the State and Dynamics of Chemical Industry in Russia

The paper considers the factors causing change in the state of chemical production in the Russian Federation over the past 20 years. It analyzes the index of chemical production, import and export of products, state of the fixed assets and investments in the fixed capital, and financial performance of the industry. It also assesses the level of efficiency in the use of the fixed production assets and labor productivity. The state development programs of the chemical industry are considered in the paper. As a result, the main directions and trends in the industry were defined, and there was given a consideration of the measures of the branch industrial policy aimed at investment activity in the industry, import substitution, and implementation of an innovative development strategy of chemical industry.