3 Russia Overviews of the e-commerce development from the foreign trade market

May 3, 2012 - PRLog -- There is a market, there is demand. The rapid development of foreign trade market in Russia has sent a breeze for local e-commerce market. With the popularity of local network citizens, the convenience of Internet and the recognition of online shopping, e-commerce market in Russia will become a treasure place for foreign trade merchants to develop rapidly. As a third-party payment service provider, Shenzhen Qian Bao Technology Services Limited (hereinafter referred to as Qian Bao) will provide the most quality payment of receivables solutions for China's foreign trade power to seize this treasure.

Russian foreign trade market in recent years has made long-term progress, even in the face of a raging economic crisis, its foreign trade market and development is still gratifying. From the Department of Russian customs statistics, in 2011 Russia's total foreign trade is $ 821.3 billion, an increase of 31.2%, of Which the imports amounted to $ 305.3 billion, an increase of 33.4 percent, slightly higher than its exports growth. Data in January 2012 showed Russia's foreign trade amounted to $ 59.7 billion, an increase of 27.9 percent growth rate ranked the list of all countries. The better of its foreign trade market is expected to come from Russia's accession to the WTO.

Among the five countries in the BRIC, Russia became the last country's accession to the WTO.The five countries will strengthen cooperation in the future and make efforts to upgrade their status in the WTO. A few days ago, the join hands of the leaders of five countries is a very good illustrates in this point. With the addition of Russia's, large-scale reduction of tariffs will release a friendly signal for the prosperity of its foreign trade market. In the following time, Russia will increase import and export trade and go on the internal reform to provide a Russian market with a perfect economic system and fair and transparent competitive environment. As a customs union, Russia will join Belarus and Kazakhstan to bring a 165 million population market for everyone. The huge market has attracted more and more foreign traders to join in. With the  e-commerce in the global epidemic, foreign trade merchants will be full of curiosity and interest in entering Russia's foreign trade through electronic commerce market. The active foreign trade market is in Russia will greatly promote the prosperity of their e-commerce.

The authoritative data predicted, in 2012, electricity suppliers will share total e-commerce transaction volume more than 15 billion U.S. dollars in Russia. And this figure will double in 2015. At that time, the proportion of Internet users in Russia will exceed 67%, which will provide the rapid development of the Russian e-commerce market with huge traffic. The enormous profit margins of Russian e-commerce market stimulate the entry of China's foreign trade merchants.

As an important partner of Russia, China is the one most effected by rapid development and e-commerce and prosperity of the Russian foreign trade. China's foreign trade should closely follow the trend of the times and choose the e-commerce to enter into the Russia's foreign trade market, and move faster to seize the market. But during this process we must firstly solve the problem of the receivables. The Russian native webmoney, QIWI Payment occupied the dominance of the online payment industry in Russia, which makes the international popular paypal and credit card payment of these two in Russia not being accepted by foreign trade electricity providers through both payment will not be able to access to the most widely used Russian potential consumers. It is not convenient for domestic merchant to use the Payment collection methods in Russian directly. Nowadays, Qian Bao cooperate with webmoney and QIWI to launch Russia's foreign trade receivables solutions. This program has resulted in foreign trade merchants no longer bothered by receivables trouble, transfer trouble and the teller trouble. What’s more, it will become a receivables method favored by Russian consumers.