Russian sellers buy most of the products for sale in the markets of China and Belarus, a study by the Tochka Marketplaces service showed, based on an analysis of the transactions of 70,000 Tochka customers.

The main suppliers of Russian sellers in the markets are China and Belarus: research

Top 5 supplier countries:

  • China: 35% of purchases from Russian sellers;
  • Belarus – 25%;
  • Kyrgyzstan – 11%;
  • Kazakhstan – 7%;
  • Singapore – 7%.

China produces many goods and Singapore has a port hub with a wide range of shipping services, Tochka analysts say, adding to its appeal as a transshipment hub in the Asian region.

The popularity of Belarus, Kyrgyzstan and Kazakhstan for sellers is due to fast logistics and low prices for goods.

The main Russian regions, where the majority of sellers in the markets of the total number of entrepreneurs in the region are represented, include the republics of Kalmykia, Mordovia, the Murmansk region, the Karachay-Cherkess republics and Chechnya.

Tochka believes that Kalmykian entrepreneurs choose to do business in the markets due to their proximity to Turkey, Georgia and Azerbaijan, which makes it easy to buy products from these countries for sale on online platforms. Mordovia came in at the top due to a regional support measure, the Murmansk region is a port region that borders Norway, which simplifies logistics when buying goods from European countries.

The Karachay-Cherkess and Chechen republics sit alongside Georgia and Armenia. This makes it easier for entrepreneurs to ship products from these countries for sale.


anastasia mariana

Source: RB

Previous articleVTB predicted a multiple growth of c2b payments through the SBP using a QR code this year
Next articleTaxi drivers will go on strike: leaders left the dialogue table with the Government
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.


Please enter your comment!
Please enter your name here