Russian Export Prospects for African Countries

Authors

DOI:

https://doi.org/10.24412/2072-8042-2025-5-89-93

Keywords:

export activities, embargoes, product adaptation, currency fluctuations, political instability, investment projects, economic ties, technology cooperation

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.

Author Biographies

Ilvir Ildusovich Fazrakhmanov, Ufa State Petroleum Technological University

Candidate of Sciences in Economics, Associate Professor,
the Head of the department of “Economics and strategic development”

Rita Nailevna Akchurina, Ufa State Petroleum Technological University

Associate Professor of the Department of Economics and Strategic Development

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Published

2025-06-16 — Updated on 2026-10-02

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How to Cite

Fazrakhmanov, I. I., & Akchurina, R. N. (2026). Russian Export Prospects for African Countries. Russian Foreign Economic Journal, (5), 89–93. https://doi.org/10.24412/2072-8042-2025-5-89-93 (Original work published June 16, 2025)

Issue

No. 5 (2025)

Section

International trade

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Copyright (c) 2025 Russian Foreign Economic Journal

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