The Russian Market is an important reality to explore with around 10.500.000 of active companies.
This is a market where business opportunities are growing fast with some sectors more developed than others.
The first biggest sector in Russia is the Retail Trade, which represents 25,76% of all the Russian Market (around ¼ of all the market).
The second largest sector is Wholesale Trade, which represents 15.69%, while in the third place we find the Transportation and Warehousing sector with 10.94% of the market.
The Retail Trade sector comprises establishments engaged in retailing merchandise, generally without transformation, and rendering services incidental to the sale of merchandise.The retailing process is the final step in the distribution of merchandise; retailers are, therefore, organized to sell merchandise in small quantities to the general public. This sector comprises two main types of retailers: store and nonstore retailers.
The Wholesale Trade sector comprises establishments engaged in wholesaling merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. The merchandise described in this sector includes the outputs of agriculture, mining, manufacturing, and certain information industries, such as publishing.
The Transportation and Warehousing sector includes industries providing transportation of passengers and cargo, warehousing and storage for goods, scenic and sightseeing transportation, and support activities related to modes of transportation. Establishments in these industries use transportation equipment or transportation related facilities as a productive asset. The type of equipment depends on the mode of transportation. The modes of transportation are air, rail, water, road, and pipeline.
The Russian market is a very interesting reality to explore and investing to create new partnerships with Russian companies can be convenient in order to increase your national presence.
The data presented is referred to the sectors in the NAICS 2017 and are updated at September 2018.