Doing business in Russia
With a unique commercial and social culture, the world's largest country can be a great place to do business, says Paul Golden.
According to the Department for International Trade, Russia is the UK's 21st largest trading partner, with trade in goods and services between the UK and Russia worth £15.3bn in the year to June 2019, an increase of 2.6% over the previous 12 months.
UK exports to Russia between June 2018 and June 2019 amounted to £5.3bn, making it the UK’s 25th largest export partner. Office for National Statistics data indicates that the most popular exports were cars, medical and pharmaceutical products, mechanical power generators and industrial machinery.