Company Formation Russia



Imports and Exports in/from Russia

Updated on Wednesday 13th December 2017

Rate this article
5 5 1
based on 2 reviews

Imports-and-Exports-in-from-Russia.jpgRussia is one of the most important economies of the world; one of its main Gross Domestic Product (GDP) providers is represented by the import and export activities. The most representative products exported by Russia to its trading partners are the following: oil and petroleum products, gas, steel, various metals and minerals. Foreign investors who are interested in the trading activities carried out by Russia can receive an in-depth presentation from our team of Russian company formation specialists

Characteristics of the trading market in Russia  

Foreign businessmen who want to open a company in Russia in the field of trading should know the main characteristics of the import-export activities carried out here. The most important trading partner of Russia is the European Union, with which the state signed a Partnership and Cooperation Agreement, regulating the political and economic relationships established between the parties. The economic relation between Russia and the European Union (EU) is very important, as Russia is the third largest trading partner of the Eurozone. 
The EU exports to Russia mainly machinery, chemicals and medicines, while Russia exports to EU raw materials, such as oil and gas; our team of company formation consultants can offer more details in this sense. 

Russia’s top import partners in 2015

Russia trades with many partners – a part of them represented by member states of the EU. The following countries were, at the level of 2015, the top import partners
the Netherlands - $38;7 billion;
China - $27,3 billion;
Germany – $24,6 billion;
Italy – $21,8 billion;
Turkey - $21,8 billion;
Belarus - $15 billion;
Japan - $14,2 billion;
South Korea - $13,1 billion;
Kazakhstan - $10,5 billion;
Poland - $9,5 billion. 
Russian imports were represented in 2015 by the following products: 
machinery  - 18,8% of the total imports;
electronic equipment – 11,6%;
vehicles – 8,4%;
pharmaceuticals – 4,7%;
plastics – 4,2%. 
The trading agreement signed by Russia with the EU has positive results on both economies at it should be mentioned that more than 70% of the foreign direct investment on the Russian market is represented by EU investments. 
Investors who need to receive more details on the imports and exports activities in Russia can contact our team of company incorporation representatives

Meet us in Moscow

Call us now at +7(495)504-12-15 to set up an appointment with our lawyers in Moscow, Russia

As a BridgeWest client, you will benefit from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Russia.

Contact us



BridgeWest takes great care of selecting its affiliates worldwide and Russia is no exception.

Francesco Dagnino, Partner of
Lexia Avvocati

Read more testimonials