Exhibition Overview:RUSSIAN INTERNATIONAL HOUSEHOLD CONSUMER GOODS EXPO is an international exhibition for daily-use consumer goods, home decoration and hardware products, etc. It is the sister exhibition of MosBuild, which has been successfully held for 28 times and is organized by ITE Group. It is the sister exhibition of MosBuild, which is organized by ITE Group, and has been successfully held for 28 times, providing a professional international trade platform for global enterprises to enter the market of Russia and its neighboring countries, where exhibitors can display new products and technologies, promote their brands, establish business cooperation with buyers, and learn the latest information about the industry. The exhibitors can display new products and technologies, promote their brands, establish business cooperation with buyers, and learn the latest information about the industry.
Market Dynamics: According to the Russian Federal Customs Service (FTS), the trade volume between China and Russia will increase by 35.2% to 140.705 billion dollars in 2021. According to the latest data from China's General Administration of Customs (GAC): from January to March 2022, the trade volume between China and Russia reached $38.17 billion, with an annual growth rate of 28.7%. Among them, China's exports to Russia grew by 25.9% to $16.44 billion, while imports increased by 31% to $21.73 billion. Against the international backdrop of European and American sanctions against Russia, the prospects for cooperation between China and Russia are very broad. Ruble and RMB can be directly settled, providing more convenience for China to explore the Russian market. According to Russian media reports, the country's economic development minister Maxim? Reshetnikov said, "There is a great possibility that the trade volume between Russia and China will exceed $165-170 billion in 2022, setting a new historical record." According to the official forecasts of China and Russia, in 2024, the bilateral trade volume between the two countries is likely to reach the target of 200 billion dollars. China and Russia have always been "close partners" with each other, and under the deep friendship and joint efforts of the two countries, China-Russia trade will surely go steady and create new records!