Russia Import Data

Russia Import Data

Russia, also known as the Russian Federation, is the largest country in the world by land area. It stretches over 17 million square kilometers and has a diverse population of approximately 146.7 million people as of 2021. With its vast territory and abundant resources, Russia holds a significant position in global trade and commerce.

As of 2021, Russia ranks as the 16th largest importer in the world, with total imports amounting to $220 billion. The top importing products for Russia include machinery, electrical equipment, vehicles, pharmaceuticals, plastics, and optical instruments. Natural gas and crude oil are also major imports for Russia's energy needs.

In terms of population growth, Russia has been experiencing a slow decline since the early 1990s due to factors such as low birth rates and high mortality rates. As of 2021, it is estimated that Russia's population will continue to decrease slightly to around 145 million people. However, with recent government efforts to boost birth rates through incentives and policies aimed at improving healthcare and life expectancy rates, this trend may see some changes in the coming years.

Despite its declining population growth rate, Russia remains one of the world's largest economies with a GDP of $1.5 trillion as of 2021. Its economy heavily relies on natural resource exports such as oil and gas but is also diversifying into other industries such as technology and manufacturing.

When it comes to international trade partnerships, China remains Russia's top trading partner with approximately $100 billion worth of goods exchanged between the two countries annually. Other major trading partners include Germany, Belarus, Italy,and Turkey.

Russia has been actively expanding its trade relations beyond traditional partners towards emerging markets in Latin America,Africa,and Southeast Asia.This move aims to diversify their export markets while reducing their reliance on Western countries.

Russia continues to play an integral role in global trade despite facing challenges such as economic sanctions and a declining population. With its vast natural resources, strategic location,and growing economy, Russia is poised to remain a key player in the international market for years to come.

Russia Import Customs Trade Data Shows Top 10 Importing Products In 2021 – Analysis By Chapter

  • 18.5% (54 billion US dollar) HS CODE: 84 - Parts of nuclear reactors, boilers, machinery, and mechanical appliances
  • 12.5% (36 billion US dollar) HS CODE: 85 - Various electrical equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories thereof
  • 9.12% (26 billion US dollar) HS CODE: 87 - Parts and accessories for vehicles other than railway or tramway rolling stock
  • 4.72% (13.8 billion US dollar) HS CODE: 99 - Unspecified commodities
  • 4.69% (13.7 billion US dollar) HS CODE: 30 - Pharmaceutical
  • 4.3% (12.6 billion US dollar) HS CODE: 39 - Articles made from plastics
  • 2.95% (8.67 billion US dollar): 90 - Instruments, parts, and accessories for optical, photographic, cinematographic, measuring, checking, precision, medical, or surgical procedures
  • 2.19% (6.44 billion US dollar) HS CODE: 73 - Steel or iron articles
  • 2.01% (5.92 billion US dollar) HS CODE: 72 –Steel and Iron
  • 1.99% (5.85 billion US dollar): 29 - Organic chemicals

Russia Import Global Trade Data Shows Top 10
Trading Partners
of Russia

  • A share of 24% (72 billion US$)was held by China
  • A share of 9.31% (27 billion US$)was held by Germany
  • A share of 5.88% (17.2 billion US$)was held by USA
  • A share of 5.32% (15.6 billion US$)was held by Belarus
  • A share of 4.42% (12.9 billion US$)was held by Korea
  • A share of 4.16% (12.2 billion US$)was held by France
  • A share of 4.1% (12 billion US$)was held by Italy
  • A share of 3.1% (9.12 billion US$)was held by Japan
  • A share of 2.43% (7.13 billion US$)was held by Kazakhstan
  • A share of 2.21% (6.51 billion US$)was held by Turkey

Russia Import Data Sample

HOW IMPORT GLOBALS RUSSIA IMPORT DATA IS BENEFICIAL FOR BUSINESS GROWTH

When it comes to importing goods from Russia, having access to accurate and detailed import data is crucial. This information not only helps businesses plan their imports effectively, but also allows them to make informed decisions about potential suppliers and products. In this section, we will delve into the specifics of what import data from Russia includes and how it can benefit your business.

Import Globals Russia Import Data is a comprehensive and highly detailed database that contains extensive information on imports into the Russian market. With more than 90 columns, this data covers all the necessary details and insights into the import activities of brands and manufacturers in Russia. One of the key features of Import Globals Russia Import Custom Data is its coverage of all major product categories, including consumer goods, industrial products, raw materials, and more. The data also includes information on both high-value and low-value imports, providing a well-rounded view of the Russian import market.

Firstly, let's talk about where this import data is collected from. In Russia, all imports are required to pass through customs and have a custom shipping bill document attached. This document contains key information about the imported goods such as their origin country, value, quantity, and more importantly, the importer and exporter name. This means that when you access Import Globals' Russia import data, you can be assured that it is coming directly from official customs documents.

Now let's take a closer look at what exactly this import data includes. One of the most important pieces of information found in our database is the HS code (Harmonized System Code) for each product being imported. The HS code is an internationally recognized system used for classifying traded products by assigning them a unique code based on their characteristics. With our detailed HS codes listed for each imported product in Russia, you can easily identify the exact nature of the goods being imported.

Furthermore, our Russia import data also provides a detailed product description for each item being imported. This includes information such as brand name, model number, size or weight specifications – anything that identifies the specific type or variant of a product. With this level of detail available at your fingertips, you can ensure that you are sourcing quality products that meet your specific requirements.

Import Globals Russia Customs data also includes vital details about both the importer and exporter involved in each transaction with product value, quantity, net weight, gross weight, destination country, and origin country. This gives businesses valuable insights into who they are dealing with – whether they are established companies or new players in the market – allowing them to make informed decisions about potential partners.

Our database contains millions of records from various sources such as customs departments, shipping agencies, trade associations, and government agencies. This ensures that our data is reliable and trustworthy for businesses looking to make informed decisions about their imports into Russia.

By using Import Globals Russia Import Custom data, businesses have access to a vast database containing detailed information on imports from Russia to different countries around the world. This includes data on the type of products being imported, their origin within Russia, volume and value of imports, as well as top importing countries.

With this information at their fingertips, companies can quickly identify emerging trends in global trade with Russia. For instance, they could discover that there is an increasing demand for Russian timber products in Asia or that European countries are importing more agricultural goods from Russia. Armed with such knowledge, businesses can adjust their import strategies accordingly and stay ahead of competitors.

IMPORT GLOBALS RUSSIA IMPORT TRADE DATA enables companies to identify potential clients across different industries. By analyzing the data on top importing countries and types of products being imported from Russia, businesses can narrow down their search for potential clients who have a proven interest in Russian goods.

This not only saves time but also increases the chances of successful business partnerships as these potential clients are already familiar with Russian imports. Furthermore, having concrete data on hand makes it easier for companies to approach these clients confidently and negotiate favorable deals.

IMPORT GLOBALS RUSSIA IMPORT TRADE DATA is a valuable tool for businesses looking to expand their import operations and tap into the Russian market. It provides comprehensive information on global trade trends with Russia, helping companies save time in their search for potential clients and make informed decisions about their import strategies. With this powerful data tool, businesses can stay ahead of competitors and establish successful partnerships with clients around the world.

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