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STRUCTURAL CHARACTERISTICS OF RUSSIA’S GLOBAL IMPORTS AND MEMBERSHIP TO WORLD TRADE ORGANIZATION

STRUCTURAL CHARACTERISTICS OF RUSSIA’S GLOBAL IMPORTS AND MEMBERSHIP TO WORLD TRADE ORGANIZATION. Assoc . Prof. Dr. Murat CANITEZ. Russia in Global Trade. Total Exports : 400.1 Billion USD* Total Imports : 248.7 Billion USD* Total Foreign Trade Surplus : 151.4 Billion USD *.

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STRUCTURAL CHARACTERISTICS OF RUSSIA’S GLOBAL IMPORTS AND MEMBERSHIP TO WORLD TRADE ORGANIZATION

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  1. STRUCTURAL CHARACTERISTICS OF RUSSIA’S GLOBAL IMPORTS AND MEMBERSHIP TO WORLD TRADE ORGANIZATION Assoc. Prof. Dr. Murat CANITEZ

  2. Russia in Global Trade • Total Exports: 400.1 Billion USD* • Total Imports: 248.7 Billion USD* • Total ForeignTradeSurplus: 151.4 Billion USD* * ICC 2010 Data

  3. Russia’sMembershipto WTO • What will the basic effects in the industry-specific base be in conjunction with the WTO membership? • Russian economy is a growing potential market for Turkey, in the following product groups:

  4. Growing PotentialProductGroups in RussianEconomyfor TurkishExporters • Electrical, electronic equipment • Stone, plaster, cement, asbestos, mica, etc articles • Machinery, nuclear reactors, boilers, etc • Live trees, plants, bulbs, roots, cut flowers etc • Vehicles other than railway, tramway • Other made textile articles, sets, worn clothing etc • Pharmaceutical products • Cereal, flour, starch, milk preparations and products • Plastics and articles thereof • Manmade staple fibres • Optical, photo, technical, medical, etc apparatus • Miscellaneous manufactured articles • Articles of iron or steel • Cotton • Meat and edible meat offal • Albuminoids, modified starches, glues, enzymes • Edible fruit, nuts, peel of citrus fruit, melons • Manmade filaments • Footwear, gaiters and the like, parts thereof • Knitted or crocheted fabric

  5. Growing PotentialProductGroups in RussianEconomyfor TurkishExporters • Paper & paperboard, articles of pulp, paper and board • Wadding, felt, nonwovens, yarns, twine, cordage, etc • Essential oils, perfumes, cosmetics, toileteries • Meat, fish and seafood food preparations nes • Articles of apparel, accessories, not knit or crochet • Live animals • Furniture, lighting, signs, prefabricated buildings • Furskins and artificial fur, manufactures thereof • Articles of apparel, accessories, knit or crochet • Impregnated, coated or laminated textile fabric • Edible vegetables, certain roots, tubers • Photographic or cinematographic goods • Beverages, spirits and vinegar • Clocks and watches and parts thereof • Railway, tramway locomotives, rolling stock, equipment • Carpets and other textile floor coverings • Dairy products, eggs, honey, edible animal product nes • Lac, gums, resins, vegetable saps and extracts nes

  6. Growing PotentialProductGroups in RussianEconomyfor TurkishExporters • Miscellaneous chemical products • Products of animal origin, nes • Tanning, dyeing extracts, tannins, derivs,pigments etc • Special woven or tufted fabric, lace, tapestry etc • Toys, games, sports requisites • Headgear and parts thereof • Sugars and sugar confectionery • Milling products, malt, starches, inulin, wheat gluten • Miscellaneous edible preparations • Arms and ammunition, parts and accessories thereof • Vegetable, fruit, nut, etc food preparations • Cork and articles of cork • Animal,vegetable fats and oils, cleavage products, etc • Umbrellas, walking-sticks, seat-sticks, whips, etc • Miscellaneous articles of base metal • Bird skin, feathers, artificial flowers, human hair • Tools, implements, cutlery, etc of base metal • Vegetable textile fibresnes, paper yarn, woven fabric • Cocoa and cocoa preparations • Wool, animal hair, horsehair yarn and fabric thereof

  7. Growing PotentialProductGroups in RussianEconomyfor TurkishExporters • Soaps, lubricants, waxes, candles, modelling pastes • Tin and articles thereof • Tobacco and manufactured tobacco substitutes • Manufactures of plaiting material, basketwork, etc. • Oil seed, oleagic fruits, grain, seed, fruit, etc, nes • Beverages, spirits and vinegar • Coffee, tea, mate and spices • Railway, tramway locomotives, rolling stock, equipment • Residues, wastes of food industry, animal fodder • Dairy products, eggs, honey, edible animal product nes • Ceramic products • Miscellaneous chemical products • Articles of leather, animal gut, harness, travel goods • Tanning, dyeing extracts, tannins, derivs,pigments etc • Glass and glassware • Toys, games, sports requisites • Printed books, newspapers, pictures etc • Sugars and sugar confectionery • Miscellaneous edible preparations • Ceramic products

  8. Growing PotentialProductGroups in RussianEconomyfor TurkishExporters • Vegetable, fruit, nut, etc food preparations • Articles of leather, animal gut, harness, travel goods • Animal,vegetable fats and oils, cleavage products, etc • Glass and glassware • Miscellaneous articles of base metal • Printed books, newspapers, pictures etc • Tools, implements, cutlery, etc of base metal • Stone, plaster, cement, asbestos, mica, etc articles • Cocoa and cocoa preparations • Live trees, plants, bulbs, roots, cut flowers etc • Soaps, lubricants, waxes, candles, modelling pastes • Other made textile articles, sets, worn clothing etc • Tobacco and manufactured tobacco substitutes • Cereal, flour, starch, milk preparations and products • Oil seed, oleagic fruits, grain, seed, fruit, etc, nes • Manmade staple fibres • Coffee, tea, mate and spices • Miscellaneous manufactured articles • Residues, wastes of food industry, animal fodder • Cotton  • Albuminoids, modified starches, glues, enzymes

  9. Russia’sMembershipto WTO • With Russia’s membership to WTO, for the applications of tariff and nontariff barriers at more than 700 items, including most of the above chart, will be minimized, the potential composition of Russia’s market characteristics about such items will shift to effective composition.

  10. TurkishExportersforRussia Therefore, a study explicitly demonstrating the following details must be done urgently for Turkish business community and businessmen. • According to Universal Harmonized Code Numbers, Explaining The Structural Characteristic of The Russia’s Global Importing and The Potential Affects of WTO Membership. • To Determine The Opportunist Business Sectors in Russian Economy • The Competitive Analyses of The Turkish Firms According to Opportunist Business Sectors in Russian Economy. • To Determine The Target Business Sectors for The Turkish Firms • The Formulating of Export Incentives Tools For Turkish Firms According to Opportunist Business Sectors in Russian Economy and Competitive Characteristic of The Turkish Firms.

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