Master class on e-commerce
E-commerce is one of the fastest-growing segments in international trade. Russia has been no exception in this respect, with retail exports growing by 36% in 2018 compared to the previous year, reaching USD 746 million. The number of shipments from Russia in that period also grew to 11.2 million – a 31% increase. A study by the international e commerce platform eBay and research company Data Insight claims that retail exports via online platforms have the potential to grow in value to USD 10 billion over the next few years.
The Russian Export Center is currently working with major players on the market to create the e-commerce infrastructure needed to promote Russian goods in numerous countries. It has meant that Russian producers now have the opportunity to sell their goods on e-commerce platforms in China, Europe, and the US.