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Russian Federation
EDC's Position
Page Content - Key EDC Market
- Actively pursuing business
- Open under all programs, subject to regular approval criteria
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| Nominal GDP | 1,479.40 Billion USD | | Population | 141.7 Million | | Total Trade/GDP | 52.08% | | Currency | Russian Rouble (RUB) | | Merchandise Imports from Canada | 1074 Million CAD | | Canadian direct investment | 56 Million CAD | | Main imports | Machinery & Equipment, Motor vehicles, Metals, Medicine, Food & Agricultural Product | | Canadian companies assisted | 149 | | International buyers insured | 322 | | Business volume | 496.18 Million CAD |
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Page Content Center Right Business Environment
Canada has a well-established trade relationship with Russia and Canadian business activity in the market continues to grow. The global economic crisis took a disproportionately hard toll on Russia's economy. Nonetheless a gradual recovery is occurring. A resurging appetite in Russia for Canadian goods and services represents excellent prospects for Canadian companies. Business opportunities exist across a wide range of sectors that match Canadian capabilities.
Key Industries
- Oil and Gas
- Mining & Metals
- Agriculture
- Forestry (Lumber, Pulp & Paper)
- Transportation Services
- ICT
How we can support your business
Through our representations in Moscow, Russia, we provide on-the-ground support to Canadian companies planning on or currently doing business in Russia. Our regional representative(s) have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market.
- We are well positioned to help Canadian companies finance and manage credit risk associated with sales to buyers, and to support Canadian investment in the country.
- Learn more about our service offering.
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Where does this information come from?
The information displayed in this table is extracted from the Trade Opportunities Matrix (TOM), an EDC tool used to rank opportunities based on a range of economic, financial and industry-specific criteria. It is important keep in mind that the TOM rankings refer to potential export opportunities, which may not reflect actual Canadian exports. - TOM is an empirically-based tool that provides an objective and forward-looking analysis of the most attractive markets for Canadian exporters.
- Using up-to-date economic and financial criteria, TOM ranks Canadian export opportunities in 44 industries, across 69 countries.
- TOM provides an objective starting point for export market research, which can be used to complement in-depth industry analysis and sector-specific knowledge.
Please refer to the TOM background paper for additional details.
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Company
Combine Plant Rostselmash Ltd. |
Industry/Sector
Agriculture |
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