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What does US and Russia trade?

What does US and Russia trade?

The top export categories (2-digit HS) in 2019 were: machinery ($1.2 billion), aircraft ($1.2 billion), vehicles ($725 million), optical and medical instruments ($506 million), and electrical machinery ($349 million). U.S. total exports of agricultural products to Russia totaled $193 million in 2019.

What does Russia buy from the United States?

United States imports from Russia Value Year
Mineral fuels, oils, distillation products $9.46B 2020
Pearls, precious stones, metals, coins $2.58B 2020
Iron and steel $940.12M 2020
Fish, crustaceans, molluscs, aquatics invertebrates $902.13M 2020

U.S. companies with an existing presence in Russia include, PepsiCo, Procter&Gamble, McDonald’s, Mondelez International, General Motors, Johnson & Johnson, Cargill, Alcoa, and General Electric.

Are there Starbucks in Russia?

Starbucks entered the Russian market in 2007. Currently there are more than 70 Starbucks stores in Russia – in Moscow, St. Petersburg, Rostov-on-Don, Krasnodar, Sochi and Yaroslavl.

What American companies are in Russia?

AMERICAN COMPANIES OPERATING IN RUSSIA

  • 3M.
  • Abbott Laboratories.
  • AbbVie.
  • AECOM.
  • Air Products.
  • Albermarle Chemicals Representative Office.
  • Alcoa SMZ (Alcoa Russia)
  • American Express Russia & CIS.

What kind of products can we sell in Russia?

U.S. companies can consider a variety of national, regional and local distribution alternatives. In some product categories (e.g.,apparel, cosmetics, packaged foods, alcoholic beverages, consumer electronics, and household appliances), foreign suppliers can choose from a growing number of established distributors.

Can a distributor in Russia promote a product?

Russian distributors normally handle products from multiple suppliers and are not typically dedicated to promoting a specific company’s product unless the supplier provides substantial support for promotion and advertising.

Where is the best place to start a business in Russia?

Some companies have successfully entered the Russian market by starting distribution in other key regions first because of market features and industry sector concentrations (e.g. woodworking in northwest Russia, energy projects in Sakhalin and western Siberia) and then expanding elsewhere.

Is it illegal to do business in Russia?

– Russian Government Resolution No. 319 “On Authorized Federal Entity of the Executive Power, Providing State Registration of Legal Entities” of May 17, 2002, and a number of legal acts. Conducting business without registration is illegal.