Russia's Textiles & Footwear Trade Analysis FY 2023
Well, Russia’s textiles exports are not as sound as crude oil, gas, and fertilizers exports. Knitted Fabrics were the most exported items from Russia. During the financial year 2023, Russia’s knitted fabrics exports stood at around $598 million as per Russia import export data . Moldova was the leading destination for Russian knitted fabrics items representing around 47% market share. Uzbekistan was the second leading destination for Russian knitted fabrics exports with 27% market share. The fastest growing markets for Russia's knitted fabrics exports are Ukraine, Azerbaijan, Tajikistan, Turkey and Lithuania. Whereas, non-knitted or crocheted articles were the second most exported commodity from Russia. According to Russia customs data reports, over 136 million dollars worth of non-knitted or crocheted articles were exported from Russia in the fiscal year 2023. Russia's majority of the knitted and non-knitted textiles articles exports were made to Namibia and Spain respect...