Exports

Trade Surplus

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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Murmansk

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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India

Russia, India, Looking To Boost Bilateral Trade Beyond US$100 Billion  

Economy, Exports, Imports, India, Trade

Russia and India have been exploring ways develop their bilateral trade partnership, with officials and experts participating at the “Russia and India: Towards a New Bilateral Agenda”, organized by the Russian International Affairs Council (RIAC) in Moscow. The event, which took place last Thursday (March 27) with support from the Indian embassy, highlighted that while

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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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Containers

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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Pigs Ear

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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Malaysia

Russia Begins First Dairy Exports To Malaysia     

Agriculture, Asia, BRICS, Exports, Trade

The first Russian exporter has received approval to send dairy products to Malaysia. The approved company is Valuyskoye OJSC Moloko from the Belgorod region, the Russian Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) has stated. Rosselkhoznadzor said that “The company’s access to the Malaysian market was preceded by the alignment of veterinary requirements and

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Chocolate

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,

Russia Increased Chocolate Exports By 8% In 2024   Read More »

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