Russia’s exports in 2025 were characterized by shifts in energy trade, increased reliance on Asian buyers and stable, high-demand grain exports, with overall trade figures showing resilience, especially in non-oil/gas sectors, while adapting to new market dynamics. Key trends include exports of crude oil, fertilizers, and grain exports exceeding forecasts. Source products from Russia with confidence. Get insights into Russia’s key export industries, trade finance, and logistics. Essential for importers and businesses building a Russian supply chain.
The Russian Foreign Minister, Sergey Lavrov, has met with Niger’s Foreign Minister Bakary Yaou Sangaré in Moscow. The meetings are part of a three-nation group of Mali, Burkina Faso and Niger, all part of the Sahel region of West Africa. They are all military juntas, have all become highly dissatisfied with their colonial connections with […]
The Russian Foreign Minister, Sergey Lavrov, has met with Mali’s Foreign Minister, Abdoulaye Diop, in Moscow. The meetings are part of a three nation group of Mali, Burkina Faso and Niger, all part of the Sahel region of West Africa. They are all military juntas, have all become highly dissatisfied with their colonial connections with […]
Russia’s Deputy Prime Minister, Yury Trutnev has been visiting Windhoek, the capital of Namibia with a Russian business delegation, and has been holding talks with Selma Ashipala-Musawya, the Namibian Foreign Minister, about strengthening bilateral trade. Trutnev is also the co-chair of the Intergovernmental Russian-Namibian Commission on Trade and Economic Cooperation. Trutnev said that “Our countries […]
Alexey Andreyev, Russia’s trade representative in Morocco, said ahead of GITEX Africa 2025, which will be held in Marrakech from 14 to 16 April, that ‘Russia is ready to become Morocco’s strategic partner in implementing the national digital strategy Digital Morocco 2030.” This is aimed at modernising Morocco’s economy and public services through digital innovation. […]
Russia’s largest carmaker AvtoVAZ is entering the African market via Nigeria. The auto giant plans to set up a service centre and parts warehouse in the Lekki Free Trade Zone in Lagos by the end of this year, and is also in talks with the Nigerian government to set up a local assembly plant. Nigeria’s […]
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The United States has today (April 2) released new, immediate sanctions on Russia and in particular its energy sector. These appear based on a list of 50 measures introduced as a bill by several US Senators on Monday. Interestingly, these contain substantial penalties for third countries either buying from or handling Russian oil. Touted by […]
The Russian President Vladimir Putin met with Milorad Dodik, the President of Republika Srpska, the want-away region of Bosnia and Herzegovina on Tuesday (April 1). The timing is interesting as the European Union has just lost effective sovereignty over Eastern European energy supplies, with implications for the erstwhile Republic. Republika Srpska Dodik represents a region […]
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 […]
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 […]
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 […]
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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