2022 has passed, and 2023 has arrived. Let us summarize and analyze the past and future of Russian logistics.
2022
In 2022, the Eurasian logistics service market is adapting to the new situation. Many regular cargo routes from abroad to Russia have been disrupted, and suppliers from the European market are also struggling to recover payments. Major logistics transport players such as TNT, FedEx, UPS, MSC, Maersk, etc. have left Russia – this is only part of the difficulties that logistics practitioners have to face.
But by the end of the year, things started to improve. Suppliers have adjusted the direction of work and changed delivery routes.
The bilateral trade between Turkey and Russia is in full swing. The growth of Turkey’s import and export of goods to Russia has increased by 213% and 113% respectively, becoming a veritable cargo hub; Kyrgyzstan has also thrown out preferential treatment and is helping Russia to ship from abroad For goods, Russia is also actively participating in foreign economic activities with European countries; Kazakhstan has also assisted in solving some transportation problems from the EU, and has continued to help Russia reduce the negative images produced by the economic recession. In addition, Iran also participated in it and jointly established a free trade zone with Russia.
As a result, there are more and more ways to deliver goods to Russia, most of which are routed through eastern countries.
2023
In 2023, these countries will continue to actively help Russia transport goods. More likely, the shipments will flow through Iran and Turkiye, two countries poised to do business with Russia more aggressively.
Trade growth between Russia and the UAE will also continue. As the United Arab Emirates increases its supply of foreign-brand cars to Russia through parallel imports, the logistics link in this regard is also developing rapidly. Logistics companies are increasingly being asked to help import new models such as Land Rover, Toyota, Nissan, Kia, etc. through the UAE.
Problems arising from the suspension of many large foreign airlines’ operations in Russia have also been resolved. Their jobs have been taken over by smaller, lesser-known firms, including many in China. In 2023, they will continue to actively help Russia start its cargo transportation business.
China is gradually becoming Russia’s main trading partner, continuously increasing product supply, and the cooperation trend in 2023 is still positive. Especially when many well-known foreign airlines that have left Russia will continue to ship goods to China. China will serve as a transshipment point where the containers will be repacked and sent to Russia.
Next year, the Moscow government plans to focus on the production economy, that is, supply support for the domestic market and exports, but factories may not have enough production equipment and infrastructure, which is usually supplied from foreign markets.
In addition, cryptocurrency payment technology may be applied. As promised by the Russian State Duma, this method of payment for imported products is expected to be legalized, which will not only help to simplify the transaction process with foreign countries, but also solve many problems, after all, there are still very few Russian banks with the right to Settlement in currencies such as dollars or euros, and many credit institutions have also been sanctioned.
Overall, the logistics market trends that emerged in 2022 will continue to a large extent into 2023. For more logistics information, please visit: daviohk.com. Also welcome to visit our Russian site, hope you can find what you want here: davioru.com
