Russian Export Prospects for African Countries

Ilvir Ildusovich Fazrakhmanov and Rita Nailevna Akchurina
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Ilvir Ildusovich Fazrakhmanov: Ufa State Petroleum Technological University, Ufa, Russia
Rita Nailevna Akchurina: Ufa State Petroleum Technological University, Ufa, Russia

Russian Foreign Economic Journal, 2025, issue 5, 89-93

Abstract: The African market is very appealing for many countries, including Russia. Russia has key partners in the region such as Algeria, Egypt, South Africa, Morocco and Nigeria. The high-demand goods are oil products and wheat. The article examines several aspects and forecasts that may affect the prospects for trade between Russia and African countries. Despite the export prospects to African countries, businesses face various barriers: customs, regulatory, logistical, financial, political, cultural and linguistic.

Keywords: export activities; embargoes; product adaptation; currency fluctuations; political instability; investment projects; economic ties; technology cooperation (search for similar items in EconPapers)
JEL-codes: F10 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2025_05_89-93

DOI: 10.24412/2072-8042-2025-5-89-93

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