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Export of sodium bicarbonate was over $ 3 million!
03.02.2016

The VVS company conducted a marketing analysis of the growing markets of Russia by the results of the 3nd quarter of 2015. As a result we discovered new points of growth in Russian import.

The criteria for selection of commodity markets into the rating are:

·         the high rate of market activity;

·         turnover more than 500 thousand USD/quarter;

·         the rate of growth to the same quarter of the last year is above 10%.

In the 3nd quarter 2015 the high volume of exports is observed in sodium bicarbonate market under the relevant HS code 2836300000.

This market in monetary terms amounted to 3 062 181.USD in a quarter. The growth of imports during this quarter amounted to +12,6% compared to the 3nd quarter of 2014. A period of sustained growth is 9 months. The activity coefficient is 6.4. The activity coefficient is determined by a calculation based on the period of the existence and the nature of the growth of the commodity market on the basis of the author's methodology of the company (this method is reserved by a patent).

It is worth noting that 14 Russian regions are engaged in export of sodium bicarbonate. The leading region of the sales is the The Republic Of Bashkortostan. More than 83% of sodium bicarbonate exported exactly from this region.

The leader among purchases countries is Ukraine with a share in the import of 51%.

The news is prepared on a quarterly industry research "Russian growing export and import markets" by
a VVS company.

Order a free of charge Express count of your product, which will reflect the total figures for the market:

·         total volume of imports/exports;

·         the number of Russian companies;

·         the number of deliveries.

Our analysts will provide you with free Express count within 3 days!

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