Foreign companies or Businessman, wishing to do business in Russia, will study the Russian mentality. They should take into consideration the Russian idiosyncrasy, and learn to understand the Russian people.
Foreign Trade of Russia.
Russia can be a great platform to access the former Soviet
Republics of Central Asia (Uzbekistan, Kazakhstan, Turkmenistan)
Russia is a natural link between Europe and Asia even borders the American continent
Russian Exports: 350 billion dollars
Top Russian export markets: Netherlands, Italy, Germany, Turkey, Ukraine, China, and Poland
Russian Imports: 230 billion dollars
Russia's main suppliers: China, Germany, Japan, Ukraine, and the U.S.
The Russian Federation is overly dependent on raw
materials exports: petroleum, gas, and metals accounting for 80% of its
exports, being too sensitive to international fluctuations in these commodities prices
Among the largest importers of the Russian gas are Germany, Turkey, Italy, and France
The Customs Union between Russia, Kazakhstan, and Belarus came into
force 2010 with the objective to foster the economic integration and remove all the customs borders between Belarus, Kazakhstan, and Russia (Union State Russia-Belarus)
(c) EENI Global Business School (1995-2024)
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