Russia, "A prominent market for fishing vessels & factory ships exports"

 

Russia is among the world's biggest economies. Russia is known for its quality aircrafts, cruise ships and ferry boats. Russia lies on the list of the leading fishing vessels and factory ships exporters. As per Russia import export data reports, over $2.5 Billion worth of fishing vessels and factory ships exports during 2023. Along with Russia, Turkey and Denmark were other prominent fishing vessels and factory ships exports.

Russia export data suggest that France was the biggest importer of fishing vessels and factory ships from Russia with 35% share in Russian imports. Whereas, the United Kingdom, Belgium and Lithuania were other prominent markets for Russian cruise ships exports. Among the fastest growing markets for Russia's ships and fishing vessels exports were Denmark, Spain, Romania, Belgium and Turkey.

Novex, BF Tanker and Rosewell Arctic were the top cruise ships, fishing vessels export companies from Russia responsible for the highest number of shipments. In terms of imports of fishing vessels and factory ships, Russia has imported nearly $2 billion in 2023. Over 53 shipments of cruise ships and boats were recorded during last year.

As per Russia import data reports, South Korea accounted for 72% of Russia's overall fishing vessels and factory ships imports. There was significant amount of imports came from Turkey (3.8%), China (2.2%), Spain (2%), Germany (0.8%) and Portugal (0.7%). Niko, Agrotek, Infin and Arrow Star were some of the prominent Russian import companies responsible for the maximum number of fishing vessels and factory ship imports.

Apart from cruise ships, boats and ferries, Russia has made a significant amount of aircrafts exports during last year. Malaysia was the biggest importer of Russian aircrafts with 36% share of imports last year. In terms of import share, the United Arab Emirates (17%), Latvia (12%), Australia (10%), Mongolia (8.9%) and Canada (8.7%) respectively. There was a spike in the aircrafts imports from Germany, Turkey, Pakistan and Finland during last year. 

NPO Aerovolga, Aviatrade and Autogyro Russland were the leading aircrafts export companies from Russia with maximum number of shipments. Whereas, the country's majority of the aircrafts imports came from the United States of America. USA held over 65% share in Russia's overall aircrafts imports. Austria and Italy were other significant aircrafts suppliers to Russia last year.

Currently, Russia is suffering from the red sea crisis. It is finding it difficult to export its goods over the red sea. A lot has changed amid the Russia-Ukraine war. Global market has become more fragile and the supply chain is being disrupted. Amid uncertainty in the international market, Russian companies can analyze the international market through assistance offered by global import export data provider.

Global trade information helps you keep up to date with the ongoing market trends, demand, price forecasts and competitor records. Also, Russian companies could discover industry wise insights, top marketplaces, importing/exporting companies, shipment records, product pricing and buying patterns. This will help Russian suppliers plan effective marketing strategies and pitch right business prospects. Switching to a data based marketing approach could save money and drive more revenue.