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.
Russia’s Agroexport Centre has stated that Russia has the potential to increase dried lentil exports to Turkiye to values of US$150 million by 2030. Russia’s main competitors on the Turkish lentil market are Canada, Kazakhstan and Australia. Russian lentil exports to Turkiye fell to US$76.1 million last year from US$100.6 million in 2023, with exports […]
Russia’s Energy Strategy: Crude Oil Production and Export Outlook to 2050 – a document outlining the country’s vision for the energy sector and response to global challenges – was approved by Prime Minister Mikhail Mishustin on Monday. It provides a conservative approach to crude oil production, aiming to stabilize output at approximately 10.84 million barrels […]
The Board of the Eurasian Economic Commission has approved an internal report concerning market analysis of the most promising markets and industries for the joint export of non-primary, and high-tech products of the member States of the Eurasian Economic Union (EAEU). The EAEU includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. It has free trade agreements […]
Russia’s wheat exports to Africa surged in the Q1 2025 compared to the same period last year, according to food safety watchdog Rosselkhoznadzor, with exports of raw grain and its processed products totalling 11.8 million tons between January 1 and April 6. Wheat exports to Nigeria increased fourfold to 210,000 tons, Tunisia’s imports of Russian […]
Russia’s buckwheat exports doubled year-on-year to 110,000 tonnes in the first quarter of 2025, the Agroexport federal center has reported. China remained the biggest importer, purchasing 96% of Russian buckwheat exports. Turkey imported 1% and Iran also 1%. Agroexport said that Turkey had imported a record 1,200 tonnes of buckwheat, while Iraq purchased Russian buckwheat […]
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The Russian Deputy Russian Prime Minister Alexander Novak, Energy Minister Sergei Tsivilev and several other energy officials have been holding discussions with Magzum Mirzagaliyev, advisor to the Kazakh president, and Kazakh Energy Minister Erlan Akkenzhenov. Other officials from the Russian and Kazakh energy ministries also attended. The issues were cooperation in the nuclear and financial […]
Japan will continue participating in Russian liquefied natural gas (LNG) projects on Sakhalin Island due to their strategic importance for the country’s energy security, according to Tokyo’s 2025 edition of its Diplomatic Blue Book, which outlines Japan’s foreign affairs activities. Japan has supported the Western sanctions imposed on Russia over the Ukraine conflict and has […]
The US President Donald Trump has raised import tariffs on Chinese goods by an astonishing 104% from today, April 9th. The move comes after China rose its tariffs on US goods by an additional 34% two days ago in response to the original tariffs Trump had placed on Chinese imports by the same amount last […]
Russia expanded its assortment of agricultural exports to North Korea in 2024, with the country relaxing some of its covid-era restrictions. Russia resumed exporting sunflower oil, pork, frozen fish and soybeans to North Korea, with wheat, sugar and sunflower oil immediately becoming the top three agricultural exports to the country. The Russian Agroexport Center has […]
The Russian auto manufacturer Sollers has begun the assembly of UAZ vehicles in Cuba, the company has stated. The project has been implemented by Sollers, UAZ distributor Echo-Export LLC, and with the Cuban company EISA. Modern assembly equipment has been installed at a factory located in the industrial zone of the Cuban capital Havana, and […]
The Bank of Russia Chairwoman, Elvira Nabiullina has stated that Russia’s MIR card is being accepted in more countries, despite Western sanctions. She was speaking to the State Duma, the lower house of the Russian parliament. The main countries that are accepting MIR transactions are in friendly countries where Russian tourists tend to visit. Some […]
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