Where does Russia import rubber?

Russia imports Rubber primarily from: Vietnam ($51M), Indonesia ($45M), Thailand ($15.9M), China ($12.7M), and Malaysia ($7.65M). The fastest growing import markets in Rubber for Russia between 2021 and 2022 were Vietnam ($15.7M), China ($12.3M), and Finland ($3.39M).

What is the growth rate of synthetic rubber production in Russia?

Production of synthetic rubber in the Russian Federation has been expanding modestly for the past 16 years with an average growth rate of 3.8 percent. Currently there are five producers which are actively expanding their footprints domestically and internationally.

What is the automotive industry in Russia?

Automotive production is a significant industry in Russia. The Russian Federation is a significant player in the global rubber industry with the presence of major tyre producers, synthetic rubber and general rubber goods manufacturers.

What is the International Rubber study group (IRSG)?

The International Rubber Study Group (IRSG) is an inter-governmental organisation composed of rubber producing and consuming stakeholders. Located in Singapore, IRSG was established in 1944.

What is a SMEs in Russia?

Russia defines SMEs as businesses employing fewer than 250 people, with annual revenues of under two billion rubles ($31 million), and meeting certain ownership and corporate…

Why is Russia a major exporter of grain?

The increase in volume of construction works, the recovering of oil price and the depreciation of the ruble has given a significant contribution to the growth.The Russian Federation is one of the largest exporter of grain. Automotive production is a significant industry in Russia.