Top industries by turnover dynamics of companies in 2019-2020

ranking 24/02/2021

The Federal State Statistics Service (hereinafter “Rosstat”) has published information concerning 2020 turnover of companies in Russia. The COVID-19 crisis and limitations had various impact on companies in dependence to the industry. Transport enterprises, servicing and mining companies suffered the most. Pharmaceutical holdings, IT companies and delivery services had benefits.

In general, the period from April 2020 to July 2020 was the hardest for the economy. Turnover of companies have decreased for 4 months to the same period of 2019. In April and May there was recorded a 12,9% and 11,8% reduction respectively (see Picture 1).

The period of recovery started in August was at its peak in December when there was a 11,6% increase in turnover compared to December 2019. At the year end, surpassing 202 trillion RUB, the comprehensive turnover of companies exceeded the figures of 2019 by 2,4%.

Picture 1. Turnover dynamics of companies in Russia in 2020 Picture 1. Turnover dynamics of companies in Russia in 2020

Speaking about industry-based figures, the turnover of companies engaged in railroad passenger transportation reduced by 58,2% in 2020, airline companies – by 41,8%, hotels – by 33%, crude oil and gas producers – by 24,2% (see Table 1).

At the same time, pharmaceutical companies increased their turnover from 633 billion RUB to 946 billion RUB (1,5%), IT companies - by 33,4% and post and delivery services – by 28,9%.

These figures prove the peculiarity of the current economic situation both inside the country and on foreign markets.

Table 1. Turnover dynamics of the companies in Russia by industries in 2020 to 2019, %, billion RUB
Activity OKVED2 code 2019 turnover, billion RUB 2020 turnover, billion RUB Increase/decrease in turnover, % Share in total turnover, %
Total - 197 733 202 413 2,4 100,0
Production of medicines and materials 21 633 946 49,3 0,5
IT 63 414 552 33,4 0,3
Post and delivery services 53 230 296 28,9 0,1
Manufacture of tobacco products 12 239 294 22,9 0,1
Mining of metal ores 07 1 550 1 882 21,4 0,9
Metallurgical production 24 6 676 7 796 16,8 3,9
Plant growing and cattle breeding 01 2 793 3 257 16,6 1,6
Manufacture of rubber and plastic products 22 1 119 1 295 15,7 0,6
Production, transmission and distribution of steam and hot water 35.3 1 275 1 467 15,0 0,7
Water supply; sewerage, organization of waste collection and disposal E 1 166 1 336 14,5 0,7
Construction F 7 056 8 068 14,3 4,0
Manufacture of textiles 13 253 284 12,1 0,1
Manufacture of wearing apparel 14 250 280 11,8 0,1
Food production 10 5 648 6 274 11,1 3,1
Wholesale 46 52 058 57 342 10,2 28,3
Wood processing and manufacture of wood and cork products, excluding furniture 16 647 711 9,8 0,4
Forestry and logging 02 232 254 9,3 0,1
Manufacture of other finished goods 32 244 266 9,2 0,1
Telecommunication activities 61 1 999 2 148 7,5 1,1
Computer software development 62 1 221 1 312 7,4 0,6
Fishing and fish farming 03 354 380 7,3 0,2
Manufacture of other non-metal mineral products 23 1 645 1 765 7,3 0,9
Manufacture of electrical equipment 27 1 082 1 160 7,3 0,6
Activities in the field of health and social services Q 2 955 3 146 6,4 1,6
Water transport activities 50 257 273 5,9 0,1
Retail trade 47 17 987 18 949 5,4 9,4
Real estate operations L 2 829 2 974 5,1 1,5
Activities in the field of culture, sports, leisure and entertainment R 303 318 4,8 0,2
Production of chemicals and products 20 3 040 3 173 4,4 1,6
Manufacture of machinery and equipment 28 1 390 1 446 4,1 0,7
Manufacture of paper and paper products 17 1 054 1 091 3,5 0,5
Trade in motor vehicles and motorcycles 45 6 956 7 157 2,9 3,5
Manufacture of computers, electronic and optical items 26 1 407 1 444 2,6 0,7
Freight rail transport 49.2 2 145 2 199 2,6 1,1
Manufacturing of finished metal products 25 2 680 2 746 2,5 1,4
Furniture manufacture 31 267 272 2,0 0,1
Manufacture of other vehicles and equipment 30 1 957 1 982 1,3 1,0
Electricity production, transmission and distribution 35.1 7 194 7 249 0,8 3,6
Warehousing and auxiliary transport activities 52 4 011 4 028 0,4 2,0
Administrative activities N 1 613 1 617 0,2 0,8
Professional, scientific and technical activities M 5 513 5 521 0,2 2,7
Other industries - 3 965 3 919 -1,1 1,9
Publishing activities 58 124 120 -2,9 0,1
Manufacture of leather and leather products 15 80 77 -4,0 0,0
Pipeline transport activities 49.5 2 858 2 715 -5,0 1,3
Beverages production 11 933 883 -5,3 0,4
Manufacture of motor vehicles, trailers and semi-trailers 29 2 888 2 735 -5,3 1,4
Production and distribution of gaseous fuels 35.2 1 447 1 359 -6,1 0,7
Freight transport activities 49.4 1 309 1 219 -6,9 0,6
Printing activities and copying of information carriers 18 305 282 -7,8 0,1
Education P 608 560 -7,9 0,3
Extraction of other minerals 08 587 540 -7,9 0,3
Coal mining 05 1 415 1 200 -15,1 0,6
Restaurant services 56 1 073 907 -15,4 0,4
Activities of other land passenger transport 49.3 484 403 -16,6 0,2
Production of coke and petroleum products 19 12 764 9 928 -22,2 4,9
Extraction of crude oil and natural gas 06 12 378 9 377 -24,2 4,6
Hotel services 55 278 186 -33,0 0,1
Air transport activities 51 1 570 914 -41,8 0,5
Intercity and international railway passenger transportation 49.1 325 136 -58,2 0,1

Source: Rosstat, analysis by Credinform

Methodology:
Turnover includes the cost of own-produced shipped goods, own-performed works and services, as well as proceeds from the sale of goods purchased (excluding value added tax, excise taxes and other similar payments).

The data of current statistics on "turnover" for the full range of enterprises are formed monthly on the basis of information from the unified form of federal statistical observation No. P-1 "Information on the production and shipment of goods and services" and an additional calculation for the aggregate of enterprises for which there is no monthly data.

The Federal statistical observation form No. P-1 is provided by all legal entities that are commercial organizations, as well as non-commercial organizations of all types of ownership that manufacture goods and services for sale to other legal entities and individuals (except for small businesses, banks, insurance and other financial and credit institutions), the average number of employees of which for the previous year exceeds 15 people, including those working part-time and under civil law contracts.

The additional calculation of data is made for the aggregate of small enterprises and enterprises with the average number of employees for the previous year exceeding 15 people, including those working part-time and under civil law contracts, which are not small businesses.