Russia’s exports to the United States slid by 12% in 2015 following the introduction of the Western sanctions, while imports dropped by 38%.
However, Russian exports to the United States are showing a steady growth after the initial slump: in 2016, exports picked up by 12% from 2015, and in 2017, by 14% from 2016. In the first two months of 2018, Russian exports to America rose by 12% on the previous year.
Dynamics of Russian Exports to the USA in 2008/17 ($ bn)
According to official statistics of the Russian Federal Customs Service,
Russia’s key exports to the Unites States in 2017 were crude oil and refined oil products (30%), unwrought aluminum (16%), alloy pig iron in primary forms (10%), unwrought platinum (7%), and engines and motors (3%).
The ministries of agriculture of Iran, Russia and Kazakhstan have concluded a trilateral memorandum of understanding on the issue of wheat trade.
Trade turnover between Russia and Germany increased 8.4% and reached nearly ˆ62 billion ($70 billion) in 2018 compared to previous year.
In 2018 Russia’s meat export amounted to 288.5 thous. t, it is a 21% increase compared to 2017.
About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya