Russia is the main trade partner of the Republic of Kazakhstan. In 2017 the trade turnover of these countries increased by 21% compared to 2016 and amounted to $20.14 bn.
The supplies from Russia outweigh in the Russia-Kazakhstan bilateral trade.
Russia’s import from Kazakhstan stood at $8.67 bn (a 16% increase compared to 2016), Russia’s export to Kazakhstan amounted to $11.47 bn (a 26% growth).
The most important commodities groups in Russia-Kazakhstan trade turnover are:
· HS Code 25-27. Mineral products (22.2%);
· HS Code 72-83. Metals and articles thereof (21.8%);
· HS Code 84-90. Machinery, equipment and vehicles (18.7%);
· HS Code 28-40. Chemicals, rubbers (15.9%);
· HS Code 01-24. Agricultural products and foodstuff (10.8%).
In the first quarter of 2018 Russia-Kazakhstan trade turnover has increased by 9% compared to the same period of 2017 and stood at $4.28 bn.
According to the Federal Customs Service of Russia, for the first two months of 2019 Argentina’s export of mozzarella to Russia has went up by 89% in terms of value and by 92.4...
In 2018, trade between the two countries was more than $100 billion, according to data released by the Ministry of Commerce in January.
In the course of the XI International Forum ATOMEXPO 2019, TVEL Fuel Company of ROSATOM and Hermith GmbH (Germany), a major European titanium supplier, have concluded an ag...
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