Total Russian import volume in 2016 was 172,9 bln Euro, 50% of this import volume were of machinery and equipment. All types of machinery are in import demand in Russia.
- The country policy of import substitution is not affecting the market of machines and equipment. Furthermore, the import regulation is softer for the high-tech equipment and parts which are not produced by domestic manufacturers.
- As Russian government promotes the local production, many Russian and European companies are investing in modernization of the modern production lines, therefore is the higher demand.
- Many small and medium companies, especially starting producers, buy second hand equipment.
- Imported machine tools and equipment dominate on the Russian market and will remain profitable.
- 50,2% of all imported volume to Russia in 2016 was machinery and equipment, this is 4,2% more than in 2015. Import volume in currency terms grew with 5,4%.
- Foreign producers supplied 87% of rolling equipment, 87% of food processing equipment 84% of continuous casting machines, and 70% of press-forging equipment etc.
- Belgium is the 3th main suppliers of machinery and equipment (HS code group 84) to Yamalo-Nenets region (one of the main mining Russian regions).
- The best prospects for sales are the processing, grinding machines, machining centers, lathes, drilling, milling machines, honing, lapping and polishing machines, laser processing machines, gear-cutting machines, presses, bending, beveling and straightening machines.
- The most common selling manner to Russia are direct sales to the end user, sales via a representative / trading offices in Russia.
- Key for success for business are permanent contact with the clients, customer relations, Russian speaking specialists, translated and certified documents.
Sources: Rosagromash, ria, Rosstat, rzd