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STRUCTURAL CHARACTERISTICS OF RUSSIAS GLOBAL IMPORTS AND MEMBERSHIP TO WORLD TRADE ORGANIZATION Assoc. Prof. Dr. Murat CANITEZ.

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Presentation on theme: "STRUCTURAL CHARACTERISTICS OF RUSSIAS GLOBAL IMPORTS AND MEMBERSHIP TO WORLD TRADE ORGANIZATION Assoc. Prof. Dr. Murat CANITEZ."— Presentation transcript:

1 STRUCTURAL CHARACTERISTICS OF RUSSIAS 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 Foreign Trade Surplus: 151.4 Billion USD* * ICC 2010 Data

3 Russias Membership to 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 Potential Product Groups in Russian Economy for Turkish Exporters 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 Potential Product Groups in Russian Economy for Turkish Exporters 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 Potential Product Groups in Russian Economy for Turkish Exporters 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 fibres nes, paper yarn, woven fabric Cocoa and cocoa preparations Wool, animal hair, horsehair yarn and fabric thereof

7 Growing Potential Product Groups in Russian Economy for Turkish Exporters 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 Potential Product Groups in Russian Economy for Turkish Exporters 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 Russias Membership to WTO With Russias 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 Russias market characteristics about such items will shift to effective composition.

10 Turkish Exporters for Russia 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 Russias 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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