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Exports of Russia’s shipbuilding industry in 2020 rose by 40.7%, YoY European countries accounted for 53.5% of Russian ships and floating facilities exports Despite the pandemic exports of Russia’s shipbuilding industry in 2020 rose by 40.7%, year-on-year, to $734.2 million, says Sergey Vologodsky, Vice-President of Russian Export Center (REC). When speaking at the online conference in the framework of the business mission for fishing, shipbuilding and maritime companies, he emphasized that the potential of growth seen by REC is at least $2.1 billion, the level of 2018. According to the speaker, in 2020, ships and floating facilities were primarily exported to European countries that accounted for 53.5% of exports ($392 million) including Norway ($188 million) and Germany ($91 million). Besides, considerable volumes were exported to the Republic of Korea ($126 million).

South koreaKingdom of swedenRepublic of koreaKingdom of norwayRussian federationSergey vologodskyAlexander abramovAlexander anikinRussian export centerRussian export center groupRussian agency for export creditRepresentation of the russian federationTrade representativeTrade representationRussian agencyExport credit