On August 6, 2014, Russian President Vladimir Putin signed a decree banning or restricting the import of agricultural products, raw materials, and food from states that introduced economic sanctions against some Russian Federation residents.
Foreign direct investment in Russian companies in January-June 2019 increased to $11.6 billion from $8.4 billion for the same period last year, the Central Bank of Russia estimates the balance of payments of the Russian Federation for the second quarter of 2019.
The main driver of growth in the market was chocolate sold by promotions and cheap cookies. Last year, on average, every Russian consumed 25.2 kg of confectionery. Sales increased over the year by 3% in physical terms, the market volume was 3.7 million tons.
Ask our experts