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The agrarian sector of the region has reached stability. Some growth tendencies are in place: the sector has started posting profits and increased milk yield. The region is a leader in the oblast in production and sales of dairy products and cereals. The region focuses both on dairy and meat cattle-breeding. The region also develops the fish industry growing fish using intensive technologies.

The Chashniki region has a significant industrial potential. The industry of the area is represented by 15 companies. The biggest companies are:

- Lukoml Hydroelectric Power Plant
- Haydite Gravel-Making Plant
- Plant “Eton”
- Plant “Ellast”
- Paper-Mill “Krasnaya Zvezda”
- Chashniki-based Plant of Foodstuffs
- Chashniki-based Flax-Scutching Mill

The Russian Federation is the biggest foreign trade partner of the region.

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