An analysis of commercial opportunities between Brazil and Russian Federation

Abstract

This paper begins with the assumption that trade between Brazil and the Russian Federation is underdeveloped. It thus takes the view that there are other product categories, which presents great chances for further development resulting not only in financial gains, but also in closer collaboration between the governments. Through a series of analysis of public data on international trade between countries, literature and news review it is found that currently bilateral trade between Brazil and Russia is concentrated in a restricted number of products, mainly quasi-commodities. In order to stimulate the development of further bilateral trade, the paper focus on a few products that have potential for further commercial exploration.