How is the exhibition industry in Russia?

Russian international exhibitions have been held normally and are quite popular

Many people think that the Russia-Ukraine conflict has affected the exhibition held in Russia. Even if it can be held, international exhibitors and buyers will be more doubtful.

The fact is that in Russia, exhibitions have always been held normally without any impact, and international exhibitions are held normally, with most of them exceeding pre pandemic levels.

Among these exhibition projects, both the number of professional visitors and exhibitors attending far exceeded expectations, with 80% of the projects having the highest number of attendees since their establishment.

As of June 2023, over the past year, the exhibitions hosted by ITE Group have attracted over 300000 visitors and approximately 7000 exhibitors.

The business of ITE Exhibition Group is expected to exceed pre pandemic levels by 2023.

China has remained Russia's largest trading partner for 13 consecutive years.

From January to August 2023, the trade volume between China and Russia was $155.101 billion, a year-on-year increase of 32%. Among them, China's exports to Russia reached 71.804 billion US dollars, an increase of 63.2%, showing impressive performance.

After three years, the participation of Chinese companies in Russian exhibitions quickly recovered in 2023, with strong performance.

At present, exhibitions held in Russia on a larger scale are attracting more and more Chinese companies to participate.

Chinese companies are increasing their sales of technology, electronic products, automobiles, clothing, and consumer goods in Russia. China's automobile exports to Russia have doubled year-on-year, while construction machinery has almost increased sevenfold.

Participating in exhibitions in Russia not only expands the Russian market for Chinese enterprises, but also allows them to sell their products to the CIS countries and Eastern European markets.

The recent withdrawal of Western companies has left a gap in the supply chain, and China is filling this gap.