Russia imported about US$240 billion worth of goods in 2025, ranging from selected agricultural products, cars, machinery, electronics, and high-tech goods. The Russian consumer market is also changing in light of new preferences and tastes created by its move into new markets in Asia, Africa, the Middle East, and Latin America.
Master market entry into Russia. Get practical guides on import regulations, customs clearance, and distribution channels. Essential for international businesses targeting the Russian market.
The Russian President Vladimir Putin met with Vietnamese Foreign Minister Le Hoai Trung in Moscow on Tuesday (February 24), stating that “Our bilateral relations have been developing positively, and trade has been growing. We have substantive, candid dialogue on every issue, including political dimensions.” Vietnam has a free trade agreement with Russia via the Eurasian […]
Part Two of a Seven-Part Series in which we document the rise of the new outbound Russian entrepreneurial investor. From 2022 onward, Russia’s entrepreneurs and companies have been reshaping their foreign economic engagements in response to geopolitical realignments. As Western sanctions constrained access to traditional Western markets, Russia’s business community began to seek deeper footholds […]
Russia will help foreign citizens who have expertise in various fields to move to the country and obtain citizenship, President Vladimir Putin has stated. He was speaking at a meeting of the Russian Agency for Strategic Initiatives (ASI) Supervisory Board on Wednesday (February 18). In 2024, Putin signed a decree making it easier for foreigners […]
Russia’s FESCO transportation group has achieved a new weekly record volume of railway container transport from the Vladivostok Commercial Sea Port. From 9 to 15 February, 6,767 TEU were sent from VMTP as part of 45 container trains. This is 62 TEU more than the previous weekly maximum achieved in August 2024. FESCO stated that […]
Russian President Vladimir Putin has met with Madagascar’s interim president, Michael Randrianirina, in Moscow. Putin noted that the two countries have many promising areas of cooperation, including agriculture, geological exploration, energy, medicine, healthcare, and education, saying that “Many students from Madagascar have already received higher education in Russia and are highly qualified.” President Randrianirina emphasized […]
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The Afghanistan Chamber of Commerce and Investment (ACCI) has held meetings with a Russian trade delegation from Dagestan to discuss strengthening bilateral trade and economic cooperation. This follows reports from several media outlets that on February 14, the Afghanistan Chamber of Commerce and Industries (ACCI) announced the signing of five commercial agreements worth a total […]
Moscow is redeploying hundreds of diplomats from Europe to Africa to reopen about ten embassies, Russian Foreign Minister Sergey Lavrov stated on Wednesday (February 11). Addressing the Russian State Duma, Lavrov said Moscow has cut its diplomatic presence in Europe by an estimated 120-150 staff and is relocating the employees to Africa. Lavrov said that […]
Russian Foreign Minister Sergey Lavrov and his Tanzanian counterpart Mahmoud Thabit Kombo held talks in Moscow on Monday (February 9), focusing on trade and broader economic relations between the two countries. The Russian Foreign Ministry stated that “The ministers discussed a wide range of issues related to the further strengthening of the traditionally friendly relations […]
Russian President Vladimir Putin has held a phone call with his South African counterpart, Cyril Ramaphosa, the Kremlin press service has stated, saying that they “discussed issues related to the further development of mutually beneficial cooperation in the fields of trade, economy, and investment based on the Russian-South African comprehensive strategic partnership.” In addition, the […]
Bilateral trade between Russia and Ethiopia saw significant growth during 2025, nearly tripling year-on-year to US$435 million, according to Evgeny Terekhin, the Russian Ambassador to Ethiopia. He added that coffee has also emerged as a standout product in bilateral trade. Ethiopian varieties, particularly from the Sidamo and Harar regions, are gaining popularity in Russia. Terekhin […]
China has begun deliveries of bonded cargo from the Guangdong–Hong Kong–Macao Greater Bay Area to Russia by road for the first time under the TIR international transport system. This allows for a significant simplification of cargo transport between two countries. Under this system, the cargo is sealed at the starting point of the route and […]
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