Exporting to Russia

The economic relations between Russia and Turkey exceed 21.7 billion dollars. However, a significant portion of this trade consists of Russia's imports from Turkey. The Russian economy is a high-income economy intertwined with state ownership in various strategic sectors.

According to some sources, Russia's vast geography, which is believed to hold about 30% of the world's known most diverse natural resources, is a valuable determinant of its economic activities. The World Bank estimates the total value of Russia's natural resources at 75 million USD. The overall growth of Russia is based on energy revenues. There is an abundance of oil, natural gas, and precious metals, which constitute a significant share of Russia's exports.

How to Export to Russia?

In the current economic conditions, the healthiest answer that can be given is the e-export method. In the past, finding customers abroad related to exports was limited to high-cost fair activities and advertising efforts through agencies, reaching only a limited number of customers. Nowadays, however, with the limitless opportunities of the internet, it is possible to achieve high profits at very low costs with a good e-export site and digital marketing activities. Although e-export may seem like a very complex area from a commercial point of view, it has become widespread due to cargo companies handling customs procedures on your behalf and corporate software companies offering successful ready-made e-export packages at low costs.

What Documents Are Required for Exporting to Russia?

● Documents to determine the value of goods,
● Transportation documents,
● Necessary conformity certificates,
● Certificate of origin,
● GTIP number,
● Licenses and permissions if necessary,
● Insurance policy (if the transportation type is CIP, CIF)

What Are the Export Taxes for Russia?

The average customs tariff rate of the Russian Federation is applied at 7.8%. A rate of 15% is applied on final products, 20% on food items, and relatively high tariff rates are applied on agricultural products.

The main concern in Russian customs is to verify the accuracy of the customs value. Primarily, shipments to related companies pose a risk group. The VAT rate applied to a large portion of products in the Russian Federation has been 20% since 2019. VAT is calculated on the customs value upon entry of the imported product into the Russian Federation.

A processing fee is charged by customs officials for each customs declaration. Additionally, special consumption tax is required during the import of products such as alcoholic beverages, tobacco, petroleum products, and vehicles.

Imported products arriving via mail or express cargo with a value of 22 Euros per shipment have been exempt from tax.

What Products Can Be Exported to Russia?

The highest export from Turkey to Russia was in the chemicals and products sector.

The chemicals and products sector was followed by fresh fruits and vegetables at 83 million 224 thousand dollars, machinery and equipment at 58 million dollars, automotive industry at 49 million 532 thousand dollars, and textiles and raw materials at 43 million 756 thousand dollars.

Sectors with less demand for exports to Russia included ornamental plants and products at 212 thousand dollars, other industrial products at 400 thousand dollars, olives and olive oil at 515 thousand dollars, yacht and service industry at 703 thousand dollars, and the jewelry sector at 1 million 241 thousand dollars.

What Are the Restricted Products for Export to Russia?

· Lithium Batteries (packaged with the product)
· Stamps
· Jewelry
· Animals
· Art and Antiques
· Knives
· Agriculture
· Mobile phones
· Abrasives
· Regulated by false ECCN
· Alcohol

What Are the Prohibited Products for Export to Russia?

· Biological hazards
· Animals
· Art and Antiques
· CBD Chemicals
· Electric Bicycles 100Wh
· Motors
· Explosives
· Fertilizers and Pesticides
· Firearms
· Flammable
· Flammable Nail Polish
· Gambling
· Hazardous Goods and Materials
· Flying Skateboards
· Human Remains
· Ivory
· Lead Acid Batteries
· Loose Lithium Batteries
· Loose Precious Stones
· Payment Instruments
· Medical Devices
· Paint
· Perfume/Cologne
· Restricted
· Perishable Food
· Plants
· Poison
· Political
· Pornography
· Prescription Drugs
· Pressurized Containers
· Radioactive Material
· Dirt and Garbage
· Tactical Equipment
· Tactical Knives
· Tobacco and Nicotine Products
· Weapons
· Biological hazards

What Is the Trade Volume Between Turkey and Russia?

The trade volume between Russia and Turkey, which was 4.5 billion dollars in 2000, reached a record level of 37.8 billion dollars in 2008, influenced by rising oil prices. In 2013, our exports to Russia reached approximately 7 billion dollars; in 2019, this was determined to be approximately 4.2 billion dollars.

How Does the Logistics Process Work When Exporting to Russia?

Using a method commonly applied by professional logistics companies in Russia, information transfer is first provided to customers as part of consultancy. After all issues related to foreign trade and customs concerning Russia are communicated to the customer, the shipment preparation begins.

The products are initially packed in logistics company's warehouses in Turkey. The necessary shipping documents must be prepared with great care at this stage, and the products should be photographed with serious effort.