Exporting pump products to Russia has become an important direction for Chinese enterprises
Mar 06,2024
Exporting pump products to Russia has become an important direction for Chinese enterprises to expand into the Eastern European market. According to Russian customs data in 2023, equipment made in China, such as industrial pumps, centrifugal pumps, and oil pumps, accounted for 38% of the Russian market's import share. However, issues such as customs clearance compliance, agency models, sanctions restrictions, and foreign exchange collection paths have become headaches for many foreign trade enterprises.
How to ensure that EAC certification complies with Russian technical regulations? How to choose the optimal agency model to avoid fund freezing? How to improve customs clearance efficiency to avoid demurrage fines? How to efficiently complete tax refunds to maximize export profits?