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Russia’s 2024 Current Account Surplus Up 26% On Previous Year

China, Economy, Exports, Imports, Russian Market, Trade

The Bank of Russia has released 2024 statistics showing that the current account surplus of the balance of payments of Russia for the year amounted to US$62.3 billion. That is US$12.8 billion, or 26.0% more than in 2023 (US$49.4 billion). The Central Bank had previously estimated the current account surplus for last year at US$53.8 […]

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Russia, Kazakhstan and China To Discuss Irtysh River Freight Development

China, Eurasian Economic Union, Infrastructure, Investment, Logistics & Transport, Russian Market, Trade

The Irtysh River originates in the Xinjiang Province of China and flows north-west across Lake Zaisan in Kazakhstan, meeting the Ishim and Tobol Rivers before merging with the Ob River in Western Siberia. The total length of the Irtysh across China, Kazakhstan and Russia is 4,248 kilometres, and it is navigable for 3,784 kilometres, from

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Murmansk’s New Lavna Port Ready For Operations: To Service Belarus and Baltic Sea Ports To Far East Asia

Agriculture, Asia, China, Exports, Infrastructure, Investment, Logistics & Transport, Trade

Russia’s Lavna Port on the Western shore of the Kola Bay in Murmansk is now ready for operations, with the commissioning work on the construction of the first stage now completed, and the terminal is ready for launch, according to Andrey Chibis, the Chairman of the State Council Commission on the Northern Sea Route and

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Russia, China To Collaborate On Co-Produced Films

China, Russian Market, Trade

The Russian Culture Minister Olga Lyubimova has said that Russia and China are planning to adopt an action plan in collaborative filmmaking and approve specific ideas for co-produced films, saying that “Our goal is to approve specific ideas for co-produced films, which would not only attract a large audience in Russia and China, but will

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Russian, Chinese Manufacturers Collaborate On Next Generation Of Public Transport E-Scooters

China, Exports, Infrastructure, Logistics & Transport

Russia’s electric scooter and bike-sharing service Whoosh and China’s Segway-Ninebot have agreed on a strategic partnership to develop the next generation of e-scooters for sharing services, according to Whoosh. The project calls for the joint contribution of the latest know-how and engineering solutions to create a new scooter engineering platform. Whoosh will be responsible for

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Tatarstan Exports Oats To China For First Time

Agriculture, China, Exports

The Russian Republic of Tatarstan has exported its first shipment of table oats to China, the local branch of the Federal Center for Assessment of Agricultural Product Safety and Quality (TsOK APK) has said. Polina Azarenko, of the Centre stated that “The experts of the TsOK APK branch’s testing laboratory for the first time tested

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Russia-China Container Market Development: 2025-2030 Trends

China, Exports, Imports, Infrastructure, Investment, Trade

Russian and Chinese logisticians have been discussing the future development of the bilateral container market, with the first Russian-Chinese Logistics Conference held in Moscow last week as a side event to the TransRussia exhibition. Organised with the support of the general sponsor, Neptune Logistics Group, the Russia-China event was attended by more than 300 delegates

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A Pigs Ear From A Sow’s Purse: Russia Redirects Pork To China From Europe As Exports Increase

Agriculture, China, Exports, Trade

Russia supplied 11,600 tonnes of pork products to China between January 1 and March 21, according to Sergei Dankvert, head of the Russian Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor). However, Danvert made some interesting statements about the type of products being exported, and the reasons for this, saying that Russia’s role in pork

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Russia Increased Chocolate Exports By 8% In 2024

Agriculture, China, Eurasian Economic Union, Exports, Trade

Russia exported chocolate products worth nearly US$850 million in 2024, up 8% compared to the previous year, according to the Russian Agroexport centre. This is the second-highest record since 2021, when exports amounted to US$872 million, and indicates supply chains have been rebuilt following Western sanctions. Russian chocolate was supplied to 90 countries last year,

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New Khabarovsk-China Freight Logistics Centre To Be Fully Operational By 2027

Asia, China, Exports, Imports, Infrastructure, Logistics & Transport, Trade

A new transport and logistics centre to service freight transport between Russia and China is to be launched in Russia’s Far Eastern Khabarovsk, according to the Russian Corporation for the Development of the Far East and the Arctic. This includes a vehicle checkpoint on the border with China on the Bolshoy Ussuriysky Island on the

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