Russia (Russian Federation)

Due to the high demand for chemical and petrochemical products, the global chemical industry is developing on an upward trend. According to preliminary data, the volume of chemical production in the world will amount to about 4822.5 million USD

In 2023, Asian nations, predominantly China, emerged as the primary importers of Russian oil, marking a significant shift in Russia's oil export strategy

By the end of 2023, the import of fish products to Russia may grow by more than 60% compared to last year, up to 550 thousand tons

Of all types of control systems, the most popular today are Automated process control systems, which are widely used in a wide variety of economic sectors in most countries of the world.

The situation with the export of lumber from Russia is similar to a boxing match, in the first round one of the athletes received a severe knockdown, but was able to continue the fight.

The experts of the Interagro group analyzed the grain market, as well as the volume of flour production for 9 months. Main trends: rising prices for grain transportation forces processors to load capacities that were previously used only by half

This year, the Russian car market is growing steadily. However, its structure has changed a lot - cars from China and other "friendly countries" have replaced the Western brands that left the country.

The coal mining industry is still considered a promising industry at the global level, and coal itself is the most affordable fuel. And this is despite the process of transition of many developed countries to green energy

Annual inflation in Russia accelerated to 6.69% in October 2023 against 6% in September. On a monthly basis, consumer prices increased by 0.83%, according to Rosstat data.

According to the Ministry of Economic Development, with the exception of the seasonal factor, GDP grew in September (+0.3% SA) compared to +0.4% SA in August, and in annual terms, GDP growth in September is estimated at 5.2% YoY, as it was a month earlier.