State and dynamics of development of the wholesale and retail trade market northern regions

The scientific article presents the results of a research analysis of the state and dynamics of development of the wholesale and retail trade market in the economy of the northern regions of the Russian Federation for the period 2010-2021. These include 12 regional entities of the country, in which the trade sector occupies an important place in the structure of the gross regional product. As part of this work, an analysis of changes in the main indicators characterizing the development of these markets was carried out. The key factors influencing their change are identified. The current problems affecting the current state of the wholesale and retail trade market, which are dictated by geopolitical tensions, the introduction of numerous sanctions and the spread of the new coronavirus infection COVID-19, are considered. Changes in the activities of trading enterprises and consumer behavior of households due to modern crisis phenomena have been identified, which create risks for the activities of trading organizations. The main trends and development prospects are outlined, taking into account the emergence of modern technologies and innovations. It has been established that the functioning of the wholesale and retail trade market in the northern regions ensures the development of the regional economic system.