According to the Federal Custom Service, for seven months of 2018 Russia’s foreign trade turnover has increased by 21.7% compared to January-July of 2017 and amounted to $386.1 bn.
Russia’s import has amounted to $136.9 bn, it is a 11.8% annualized growth. The main share of import (46.8%) has been constituted by machinery and equipment (-0.6% compared to January-July of 2017). It is reported that for this period import of food products and food raw materials has decreased to 12.7% compared to 13.2% in January-July of 2017.For seven months of 2018 the main trade partners of Russia among the far-abroad countries have been China, Germany, the Netherlands, Turkey, Italy, the USA, the Republic of Korea, Poland, Japan and France. As for CIS countries, the main trade partners have been Belarus, Kazakhstan and Ukraine.
In 2018 Russia’s export to Cuba increased by 38% compared to 2017 and amounted to $373 mln.
According to the Federal Customs Service of Russia, from January to April, 2019 Russia’s cosmetics export increased by 3% to $61 mln.
From January to April, 2019 Orel region’s export to Germany increased by 7% compared to the same period of 2018 and amounted to $5.9 mln.
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