Current location - Trademark Inquiry Complete Network - Tian Tian Fund - 20 19 Reasons for the Decline of Sino-Russian Trade
20 19 Reasons for the Decline of Sino-Russian Trade
The demand for products is shrinking and the risks are increasing. In the first eight months, Russia's domestic economy shrank by 3.8%, and the International Monetary Fund predicted that Russia's economy would shrink by 3.5% for the whole year.

2. Easy to be small in scale and unbalanced in structure. Although the scale of Sino-Russian trade has increased year by year, the overall trade scale is still small.

3. The average import tariff rate of Russian goods to China is 15%-20%, which is nearly three times higher than that of Russian goods in China. High tariffs lead to higher sales prices of imported goods and lower market competitiveness.