Modest import
30.10.2012 2193

Modest import

Import duties applied by Russia after joining the World Trade Organization did not lead to a sharp increase in imports to the Russian Federation, preliminary data from the analysis of the effects of the WTO membership on the import of goods into Russia following the results of September 2012 conducted by the Eurasian Economic Commission (ECE) testify.

“According to preliminary data of customs statistics, in September 2012 there was no sharp increase in imports due to a decrease in the level of tariff protection. On the contrary, the value of imports of goods from non-CIS countries to Russia decreased by about 2012% compared to August 10, ”the EEC said.

The analysis was carried out on the basis of preliminary data from the customs statistics of the Russian Federation, since Russia's foreign trade is crucial for the market of the Customs Union. Data from the customs services of Kazakhstan and Belarus will be analyzed as they become available.

During the analysis, special attention was paid to goods, the production of which, according to the expectations of business representatives, could be most affected by the accession of the Russian Federation to the WTO (food products, textiles, footwear, motor vehicles, engineering products).

The reduction in imports affected most goods, with the exception of food products and raw materials for their production, the ECE states.

The growth of imports of textiles and shoes compared to August 2012 year is not observed. Based on materials retailer.ru.

Import duties applied by Russia after joining the World Trade Organization did not lead to a sharp increase in imports in the Russian Federation, preliminary data from an analysis of the effects of influence show ...

Latest News

Hundreds of Russian brands took part in Moscow Fashion Week

The Moscow Fashion Week has come to an end, bringing together hundreds of Russian brands. For seven days, more than 450 designers presented their collections at several iconic venues in the capital - Zaryadye, VDNKh, Tverskaya Square, GUM, on the square ...
01.07.2022 131

New Balance is ready to present its version of clogs

A pair of New Balance clogs made of integrated EVA foam will be released before the end of the week in the South Korean market. The Boston-based brand is one of the latest to follow the water-resistant trend…
01.07.2022 127

21st Congress of the International Union of Shoe Industry Specialists UITIC will be held in Italy

The next UITIC Congress, the first since the 20th edition held in Portugal in 2018, will take place in September 2023 in Milan and Vigevano. This will mark the return of the event to…
01.07.2022 103

Fashion retailers in Shanghai are trying to get rid of stock

Nearly a month after Shanghai lifted its strict COVID-19 lockdown, retailers are struggling with a backlog of unsold items. While cautious consumers are still avoiding shopping...
01.07.2022 102

Off-White's second collaboration with British luxury brand Church's is out

Off-White has unveiled a second version of Second Church Oxfords featuring Virgil Abloh's signature meteorite craters.
30.06.2022 226
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning