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Usefulness of Russia Export Data for Exporters and Export Businesses

The largest country of the world area wise; Russia, has one of the largest reserves of mineral oil and natural gas. With a market centric economy, it’s the fifteenth largest economy of the world measured by nominal GDP and sixth largest based on purchasing power parity. India and Russia have long historical relations. Economic growth of Russia bolstered after attaining political stability. India shares a number of bilateral trade treaties with Russia and these bilateral relations are concentrated in key value chain sectors which include highly diversified segments like machinery, aerospace, electronics, automobiles, commercial shipping, chemicals, pharmaceuticals, fertilizers, apparels, petroleum products, coal, high end tea and coffee products and industrial metals

Russia Import Data

Russia export data shows the top exports from India to Russia that includes pharmaceutical products; tea, coffee, mate and spices; nuclear reactors, boilers, machinery and mechanical appliances parts; tobacco and manufactured tobacco substitutes and electrical machinery and equipment. Russian import markets, though fluctuating show a positive trend. For all the people involved in the exportation business and planning to expand their activities in Russia, you need a have a all the necessary information related to the Russian markets and consumer preferences before you start in order to minimize the risks and receive higher profit margins.

The Russia export data includes all the information relating to all the commodities that are exported to Russia from India along with their quantities and all the tariffs, excise and other taxes which are levied on these exports. All the data is organized categorically based on the HS codes of the goods. The data also includes information relating to the different ports of lading both sea and air; and the details of the Russian buyers who import goods from India. This data is very useful for all the exporters doing or planning to do business in Russia because it provides a probe into existing market conditions and a tool for market fluctuation speculation. You can easily find the data on various websites by simply entering the HS code of the commodity that you are wailing to import. So use the Russia export data to grab every business opportunity that comes by.

  • Seair Exim
  • 15-Mar-2017

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