With the strengthening of China-Russia trade and the rise of cross-border e-commerce platforms, more and more Chinese goods are entering the Russian market and are warmly welcomed by consumers.
The Russian e-commerce market is expanding rapidly at an annual growth rate of about 38% and is expected to exceed the 10 trillion ruble mark in 2024,
Showing Strong consumer demand for Online shopping and the High potential of the market.
In addition, for cross-border e-commerce, Russia not only has a Large population with Huge growth potential, but is also an ideal market due to favourable policies and retreating competitors.
In 2023, China's cross-border e-commerce exports to Russia reached 84.6 billion yuan, a year-on-year increase of 91%.
The Russian market remains full of potential.
Despite challenges such as Logistics and Payback, its large population base and the void created by the withdrawal of Western brands still offer huge opportunities for Chinese cross-border e-commerce.
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