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 BRICS Foreign Ministers have been meeting in New Delhi in arguably a more important event than Trump’s visit to China. We explore how Russia and India are remapping the Global South and are creating new energy supply chains, security alliances and trade corridors in mechanisms that will reshape international trade.
Russian and Indonesian officials have met in Kazan to discuss energy shortages in the Global South, in addition to bilateral trade developments. Indonesia is ASEAN’s largest economy, a full member of BRICS and has a Free Trade Agreement with Russia via the Eurasian Economic Union.
Russian and Malaysian officials have met at the Islamic World Forum being held in Kazan. Russia’s agricultural exports are up 37% in January-April 2026 as the two sides discuss additional trade development.
The Presidents of Russia and Turkmenistan have held bilateral discussions concerning the strengthening of the strategic partnership and cooperation in the trade, economic sectors. This is almost certainly have involved the position as concerns Iran, with both Russia and Turkmenistan fellow Caspian states and able to assist Iran develop its northern coastline and logistics away from problems to the south and the Strait of Hormuz.
Russian imports of Azerbaijani fruit increased by 17.8% in 2025, while Russian exports of livestock also increased by 1.6 times in complimentary trade flows. Both Azerbaijan and Russia are memebrs of the Commonwealth of Independent States.
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Russia’s bilateral trade has increased 2.6 times in 2M 2026, meaning it may exceed US$1 billion for the first time. Both imports from Afghanistan and exports to the country have both shown increases.
China’s talks with the United States will also impact Russia in terms of the decisions made and especially as concerns the situation in Iran, North Korea, and even China-US bilateral trade. We look at how the ‘Putin Component’ is likely to affect the bilateral relationship and affect Russian diplomacy and trade.
We deep dive Russia’s fiscal plans as discussed between President Putin and the Economic Development Minister for 2026 and 2027-2029 – which are partially based on IMF global economic data and forecasts. We uncover some revealing statistics about where the Russian economy is headed in both basic and bad-case scenarios. This article is essential reading for anyone interested in Russia’s immediate economic and fiscal future.
The Russian Ministry of Economic Development has presented its fiscal plans for 2026 and the forecast period for 2027-2029. We examine these insights, including GDP development, inflation, the energy sector, and risk factors such as the Iran and Ukraine conflicts. It is essential reading for anyone interested in the Russian economy and what Russia’s immediate economic future will look like under the current global conditions and inherent future risks.
President Vladimir Putin has met with the Supreme Ruler of Malaysia, Sultan Ibrahim, who has been visiting Moscow. Malaysia is a BRICS partner state and has a US$4 billion+ trade turnover with Russia, with volumes also showing sustainable growth. Ibrahim invited Putin to a formal State visit to Malaysia during 2027.
Russia’s President Putin has met with the Laos President and a full senior government and business delegation in Moscow. The two sides are looking at ways to increase bilateral trade and solutions to Laos’ energy shortage problems, with oil and gas supplies likely to be sent via Vietnam. Bilateral trade doubled in 2025.
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