What is Russia Import Data? Why Global Traders Prefer Russia Customs Data?

28 August 2018
Russia Import Data

Russia is the largest trading country among CIS Nations. In terms of imports, the country got 21st rank globally and imports worth USD 228 billion in 2017. It is not so easy to know deeply about the regional and local market of the country without any market based accurate information.


Export Genius is an ultimate destination to search the trade data of Russia as it is a reliable and trusted source providing genuine shipment records. We provide Russia import statistics for small and large sized companies trading with Russian companies and searching for reliable customs database for getting accurate trade information. Let’s take a comprehensive look at the detailed analysis of Russia shipment data.


What is Russia Import Data?


Import data of Russia is a set of trade statistics of the country’s importing activities and it is packed with all the shipment details that arrive into the country via land, sea and air ports. It is based on shipping bills, import bills, invoices and other operational documents. It is collected from various authentic sources such as Russian customs, port authorities, shipping & logistics companies, trade associations and government bodies. Let’s check some facts about Russia shipment data.


           ·         Russia trade data available since 2007.

           ·         We update data every month.

           ·         It covers Russian suppliers and foreign buyers.

           ·         Data is available on each HS Code digit level.

           ·         Data comes on actual product description.


Format of Russia Customs Data


We provide latest and accurate import data of Russia with actual shipment records to our clients. Customs data of Russia contains various data fields such as Date, HS Code, Product Description, Quantity, Weight, Value, Russian Consignee Details, Shipper Details, Origin country, Departure Country, mode of transport etc. Let’s check the sample and understand the data segments and structure of shipment data.


Date

01 March 2017

Russian Importer

OOO SKF Self

Exporter Name

Quest Diagnostics - Express Results UK C/O Tderapak Pharma Services Ltd

HS Code

3002190000

Product Description

Express test kit, applicable to the identification of narcotic substances in the human organism by measuring urina (in vitro), with the use of monoclont antibodies, in a package plastic container with test.

Net Weight

20.25 KGS

Invoice Value

USD 4218.75

Origin Country

China

Destination Country

Russia

Point of delivery of goods

South Sakhalinsk

Transport

By air

 

How is our Russia Import Data Useful in Import Export Business?


To gain in-depth knowledge of the Russian market, Russia import data is the suitable guide consists of predefined market segments based on trade secrets of companies. This is very effective market tool which helps traders to take their business at a new height in the global market. Let’s see how it is beneficial in import export business.


            ·         It is beneficial in analysing the market trends including demand and supply of products.

            ·         Know the trading activities of Russian buyers with foreign suppliers.

            ·         It helps to reduce the business risks and keep away from frauds.

            ·         Gain insights into Russian importing activities and see potential growth of your business.

            ·         Make future market plan by understanding Russian trade scenario.

            ·         It helps to identify prospective markets to generate business leads.

            ·         It is also beneficial for banks logistics companies and business analysts.


Russia Import Statistics


As per import statistics of Russia, the country has reduced its demand of products from the global market by 10% of value in last five years. However, it has seen a growth in Russia imports by 25% of value during 2016-17. Russia exports to the world worth 1.3% share of the global imports in 2017. Let’s check the import values of Russia recorded between 2013 and 2017.


Year

Value (USD Billion)

2017

228

2016

182

2015

182

2014

286

2013

314

 

Top 10 Russia’s Import Partners


Trade statistics of Russia shows the country imports products to fulfil its demand from more than 150 countries around the world including China, Germany, USA, Belarus, Italy, France, Japan, South Korea, Ukraine, Kazakhstan, and Poland etc. The maximum shipments are arrived from China into the country and recorded 21.2% value of the total imports in 2017. Russia imports from China worth USD 48.37 billion and telephone sets, machinery and tricycles are its top imports in the said year. Germany stood as second largest import partner of Russia and purchased goods worth USD 22.75 billion which accounted for 10% value of the total imports. Refer the below table to check Russia import partners statistics during 2017.


Country

Value(USD Billion)

Share Value (%)

China

48.37

21.2

Germany

22.75

10.0

USA

12.67

5.6

Belarus

11.39

5.0

Italy

9.86

4.3

France

9.20

4.0

Japan

7.76

3.4

South Korea

6.93

3.0

Ukraine

4.94

2.5

Kazakhstan

4.73

2.2

 

Top Import Commodities of Russia


The products classified under HS Code 84 including machinery and mechanical appliances have been imported most by Russia from the global market. Russia imports of machinery worth USD 45 billion and the demand for this product is increased by 28% of value during 2016-17. In this category, the imported products are Laboratory equipment, data processing machines, taps & cocks, mechanical appliances, pumps for liquids and centrifuges.


Russia imports of electrical from the world worth USD 26 billion in 2017. The country mainly imports telephone sets, water heater, boards, panels, electrical transformer etc. in this product category. Check the HS Codes and values of top import commodities of Russia.

HS Code

Product

Value (USD Billion)

HS Code 84

Machinery & Mechanical Appliances

45

HS Code 85

Electrical Machinery & Equipment

26

HS Code 87

Vehicles

21

HS Code 30

Pharmaceutical Products

10

HS Code 39

Plastics

8

 

We provide customs data and business intelligence reports of Russia to our clients with the highest accuracy based on genuine shipment records. The analytical report is prepared by our data experts as per the product’s specification. Russia customs data is a full set of statistics collected from authentic sources. These statistics are beneficial for every industry and every business from importer to exporter and logistics to banks. If anyone wants to buy shipment data of Russia, fill up quick enquiry form at our website or speak to our sales representatives.


To buy our market research report and data, email at info@exportgenius.in


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