In 2018 Russia’s import of goods from the far-abroad countries amounted to $211.96 bn and increased by 4.6% compared to 2017.
But in December this figure went down by 8.3% compared to December 2017. Namely, there was a reduction in supplies of machinery (-15.4%), pharmaceuticals (-7.4%), food products and food raw materials (-6.6%), chemicals (-0.3%).
Nevertheless, in December 2018 Russia increased import of railway locomotives by 6.6%, instruments and optics by 2.5%, alcoholic and non-alcoholic beverages by 4.1%, tobacco by 0.6% compared to previous year’s December.
As for the chemicals imported by Russian from the far-abroad countries, polymers and rubbers went up by 7.9% in terms of value, perfumery and cosmetics rose by 5.2% in terms of value, soap and detergents increased by 1.1% in terms of value, organic and inorganic chemicals increased by 0.9% in terms of value.
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