Main EU imports from Russia are raw materials, especially - oil (crude and refined) and gas, as well as metals (notably iron/steel, aluminium, nickel).

Russia - Imports Trade surplus shrinks on plummeting exports in February. The WTO`s main goal is to have a system which is unbiased, constant and impartial and, by joining this organization in 2012, Russia aligned its valuation procedures to the same principles. More information available here. Russia is currently ranked fifth in the world for corn exports and ships in the region of 4.5 million tonnes annually, mainly to European Union destinations. More information on these measures is available here. Learn more about how Statista can support your business.
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-          the company must also register with the Customs Authorities and obtain clearance for trading goods; -          a trade license must be obtained with the Ministry of Industry and Trade in Russia; -          the company must appoint a manager who will handle the relation with the Customs Authorities. These licenses must be accompanied by other documents which attest to the origin of the goods. This license is issued by the Russian Ministry of Industry and Trade and has a validity period of one year. On 7 August 2014, Russia introduced a political ban on imports of a range of EU agricultural products. Then, in January 2020, Faroese farmer Bakkafrost, which has been selling the bulk of the 15,000t of fresh salmon going into Russia annually, was blocked. $52.2 billion or 21.9% of its overall imports. Russia is the EU's fifth largest trading partner and the EU is Russia's largest trading partner. In order to ease import-export procedures, Russia has entered into various trade agreements with countries worldwide and has also become part of the Eurasian Economic Union. The past years have brought many changes as Russia’s customs policies are trying to align with those of the WTO and become more transparent. Download historical data for 20 million indicators using your browser. EORI numbers are mandatory for Russia companies trading in the EU. A paid subscription is required for full access. For details, please see your browser’s Help section (by pressing F1). Google+, Facebook February’s result marked the sharpest contraction in exports since June 2016. A third factor affecting trade relations with Russia are political measures restricting trade, i.e. (April 15, 2020). Click on the button below to get started.

Foreign investors interested in doing business in the import-export sector in Russia can set up trading companies. Main import partners in 2015 were: China (19 percent of total imports), Germany (11 percent), the United States (6 percent) and Belarus (5 percent).

LinkedIn You can only download this statistic as a Premium user. Main EU exports to Russia are in the categories of machinery, transport equipment, medicines, chemicals and other manufactured products. and EUR 1,500. Importing and exporting in Russia of some specific merchandises such as transit goods, cultural valuables, humanitarian aids or personal use goods is convenient as these goods are not required to pay customs duties even if, for personal use goods there are some weight and value restrictions of approximately 35 kg.

Register in seconds and access exclusive features. Online Store Press Meanwhile, merchandise imports edged up 1.1% annually in February to USD 18.5 billion. At this moment, Russia`s first trading partner is EU and if European citizens or any other type of expats are situated in Russia and reside there for more than a certain amount of days per year, they can take advantage of the same taxation system of 13% as the Russian individuals, percentage much lower than in any of the European countries. About Merchandise exports dived 19.1% year-on-year and totaled USD 28.1 in February (January: -2.6% year-on-year). Industrial output dropped 7.2% year-on-year in August (July: -8.0% yoy). Merchandise Trade statistics data for RUSSIA (RUSSIA) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. -          various types of auto vehicles and car spare parts, which represent 4% of the country’s total imports; -          computers and computer parts, as well as other communications equipment; -          medicines and packaged medicines are also on top of Russian companies’ import list; -          Russia also imports textiles, materials and various clothing items on a regular basis. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

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