Commonwealth of Independent States

Tomato

Tomato Wars: Russia Simply Replaced EU Imports With Azerbaijani Produce 

Agriculture, Commonwealth of Independent States, Imports, Russian Market, Trade

Azerbaijan exported 145,600 tonnes of tomatoes in 2024, up 3.6% compared to the previous year, accordig to the Azeri State Statistics Committee, while the value of the product also increased – by 8.3% to reach US$175.4 million. In 2023, Azerbaijan exported 140,600 tonnes of tomatoes worth US$162 million. In both cases, the primary buyer was […]

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Confectionary

A Sweet Tooth For Russian Sweets: Russian Confectionary Exports Up 8% In 2024

China, Commonwealth of Independent States, Eurasian Economic Union, Exports, Russian Market, Trade

Russia exported 700,000 tonnes of confectionery products in 2024, up 8% year-on-year, while the value of these exports grew 10.3% to reach US$1.81 billion, according to the Russian Association of Confectionery Industry Enterprises. They were presenting at the “Confectionery Products of the 21st Century” conference in Moscow last week. The 2025 export forecast for Russian

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Butter

Russia Imports More Butter From Azerbaijan, Uruguay and Argentina

Agriculture, BRICS, Commonwealth of Independent States, Imports, Latin America, Russian Market, Trade

Russia’s supply chains are showing signs of adapting far more quickly than in the past, with one example being butter imports from Azerbaijan, Uruguay and Argentina this year, which have all increased, according to Russia’s Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor). Azerbaijan delivered 940 tonnes of butter, four times the amount it did

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Kyrgyzstan

Russia – Kyrgyzstan 2025 Trade & Investment Hits Turbulence 

Commonwealth of Independent States, Eurasian Economic Union, Trade

Russian Prime Minister Mikhail Mishustin and his Kyrgyz counterpart Adylbek Kasymaliyev held discussions on Monday (February 3) after meeting on the sidelines of the Eurasian Intergovernmental Council’s session in Almaty. Mishustin and Kasymaliyev “discussed current issues on the bilateral agenda as a follow-up to the agreements on enhancing Russian-Kyrgyz trade and economic cooperation reached at

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Rus-Kazakh-Flags

Russia-Kazakhstan 2025 Trade, Energy and Investment Updates 

Commonwealth of Independent States, Energy, Infrastructure, Investment, Trade

The Russian Prime Minister Mikhail Mishustin has been on a three-day trip to Kazakhstan, highlighting the work of the intergovernmental commission on economic cooperation between the two countries. He said that bilateral trade turnover between Russia and Kazakhstan exceeded US$26.34 billion in 2024, adding that “Russia occupies a leading position among Kazakhstan’s foreign trade partners.

Russia-Kazakhstan 2025 Trade, Energy and Investment Updates  Read More »

BRICS - VTB

Russia’s VTB Bank To Expand International Financial Transfer Services Into Africa, LatAm and Asia 

Africa, BRICS, Commonwealth of Independent States, Finance, Infrastructure, Investment, Latin America, Trade

Russia’s VTB bank plans to expand its services geography in providing international transfers in national currencies during 2025 by adding new countries in Africa, Latin America and Southeast Asia, the Russian state bank’s deputy CEO, Georgy Gorshkov has stated. VTB’s retail customers made 2.1 million transfers in the currencies of friendly countries in 2024, six

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CIS-China

Chinese Automotive Dealers Investing Into Belarus To Access CIS Markets  

China, Commonwealth of Independent States, Foreign Investment, Imports, Trade

In addition to the recent example of China’s Torklink Controls, who are investing over ₽100 million (US$1 million) into an assembly plant in Moscow, the Chinese automobile exporter Biulu (Chongqing Biulu Automotive Technology) has opened a consignment warehouse in Belarus for processing Chinese, European and other vehicles for subsequent deliveries to Russia and CIS countries.

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CIS Coin

Chinese Industrial Manufacturers Investing Into Russia To Access CIS Markets    

China, Commonwealth of Independent States, Exports, Foreign Investment, Trade

Torklink Controls, a partner of the Chinese company Flowinn, is investing over ₽100 million (US$1 million) into an assembly plant for electric actuators for pipeline valves at the Yesipovo Industrial Park in the Solnechnogorsk region of Moscow. The investment is typical of the type of Foreign Direct Investment Russia is now attracting, as Chinese manufacturers

Chinese Industrial Manufacturers Investing Into Russia To Access CIS Markets     Read More »

Russia Kyrgyzstan

Russia Kyrgyzstan 2024 Trade Up 16.6%

Commonwealth of Independent States, Eurasian Economic Union, Investment, Trade

The Kyrgyzstan Foreign Minister, Jeenbek Kulubayev, has been in Moscow holding talks with Russian Foreign Minister Sergei Lavrov, to discuss bilateral trade. Kulubayev, quoting Kyrgyz statistical data, aid that Kyrgyz-Russian trade grew 16.6% to US$3.2 billion in 2024, stating that “The indicators can be increased further. Our ministries and agencies should start active work in

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Russia Azerbaijan Flags

Russia – Azerbaijan Bilateral Trade Up 10.1% In 2024

Commonwealth of Independent States, Infrastructure, Middle East, Trade

Trade turnover between Azerbaijan and Russia rose 10.1% year-on-year to nearly US$4.8 billion in 2024, Azerbaijan’s State Customs Committee (SCC) has stated. This places Russia third among Azerbaijan’s foreign trade partners after Italy and Turkey. The volume of Azerbaijan’s exports to Russia decreased 1.5% year-on-year to US$1.178 billion. Exports to Russia accounted for 4.4% of

Russia – Azerbaijan Bilateral Trade Up 10.1% In 2024 Read More »

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