Russian export – risks and opportunities

In recent years, there have been slight changes in the structure of Russian export. Mineral products such as oil, gas and their derivatives dominate all the time, however, a number of new products have appeared. One of the reasons was the introduction of bilateral sanctions on trade in goods. In a few years back, the Russian consumer on the store shelves saw a large selection of imported food products, now the amount has decreased significantly and they have been partially replaced by local products. The same applies to industrial consumer products. Another factor affecting the change in the structure of export was the significant depreciation of the ruble from 50 USD / RBL (end of 2015) to 66 currently. It has reduced the purchasing power of Russian consumers, and on the other hand has stimulated export.

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