Specifics of foreign trade of the Russian Federation in the context of anti-Russian sanctions

The relevance of this article is to assess the significant changes in the structure and directions of the Russian Federation’s (hereinafter referred to as RF, Russia) foreign trade activities over the past year and a half in connection with the special military operation and the introduction of many different packages of sanctions against our country. The purpose of this article is to analyse the current state of Russia’s foreign trade activity under sanctions and to identify the main directions of its cooperation with foreign countries. Objectives of the study: to establish the reasons for the increase in the level of exports in 2022, despite the imposed sanctions, and to consider the reasons for its subsequent decline; to consider the concept of “parallel imports” (importation of foreign goods into the country without the consent of the right holder of the trademark through special dealers), three types of permits for the organisation of parallel imports; to consider the structure of the RF’s foreign trade, its reorientation to other markets, namely cooperation with Asian, African, Middle Eastern countries and countries of the Eurasian Economic Union. In the long term, it can be expected that sanctions pressure will continue, but Russia will provide support to domestic producers and continue co-operation with friendly countries, which will help to improve its foreign trade performance.

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