However, Chinese companies took 50% of total revenues in the cross-border sector in 2014, a business representing EUR 4 billion in 2014. EU companies still sell well in the Russian market as the total revenues reached EUR 4 billion in 2014, a notable increase from EUR 2.4 billion in 2013.
RUB has fallen nearly 40% against the EUR in 2014, according to The Moscow Times news agency, cited by e-commercefacts.com.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.