IMPACT OF THE COVID-19 PANDEMIC ON THE STATE AND DEVELOPMENT TRENDS OF THE E-COMMERCE MARKET IN RUSSIA

Alexander Agibalov, Lyudmila Zaporozhtseva, Yuliya Tkacheva
Voronezh State Agrarian University, Voronezh, Russia

Irina Glotina
Perm State Agro-Technological University, Perm, Russia

Lazar Radovanovic
University East Sarajevo, Faculty of Economics Brcko, Bosnia and Herzegovina

https://doi.org/10.7251/ZREFB2115017A

 

Published 11/05/2021
Volume 15, Issue 1, 2021

ABSTRACT

The authors of this article investigate the impact of COVID-19 on the state and tendencies of electronic commerce in Russia. The aim of the article is to determine the impact of COVID-19 on e-commerce. It is assumed that the share of e-commerce in the total trade of Russia will increase in case of COVID-19 worst-case scenario. In the observed period, the volume of online store trade in Russia increased up to 20% when it comes to consumer goods, car equipment and parts, cosmetics, ready meals, office supplies etc. The methods of induction, deduction, description, comparison and statistical methods are applied in the article. It was concluded that e-commerce is increasing in the conditions of crisis generated by COVID-19.

Keywords: e-commerce, market, sales volume, online stores, COVID-19.

 

CC BY-NC 4.0