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.
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The number of trucks being utilized under the TIR system (International Road Transport) from the China-SCO Regional Trade and Economic Cooperation Demonstration Zone in Qingdao, to SCO countries has increased by 134.3% in 7M 2025 compared to last year, according to the zone. The value of goods transported by these vehicles also increased, amounted to […]
The alignment of China’s Belt and Road Initiative (BRI) and the Eurasian Economic Union (EAEU) is boosting connectivity across Eurasia and creating new opportunities for regional development, according to Kyrgyz economist Iskender Sharsheev. His comments came as the Eurasian Intergovernmental Council, an EAEU body, met in Kyrgyzstan’s Issyk-Kul region last Thursday and Friday (August 14/15). […]
Russia and Ecuador have been at some loggerheads concerning Russian imports of Ecuadorean bananas, with complaints concerning quality issues ongoing between the two countries. Ecuador is Russia’s largest supplier of the fruit, with exports to Russia reaching about 1.4 million tonnes worth over US$1 billion annually. To help resolve the situation, Ecuador is now prepared […]
Russia imported 14,000 tonnes of shrimp from Ecuador in H1 2025, up 15% compared to the same period last year, according to data from Ecuador’s National Aquaculture Chamber. The value of shipments rose 30%, reaching US$70 million. Russia’s share in Ecuador’s shrimp exports slightly increased, accounting for 4% in both volume and value terms. Russian […]
Russia’s RusTrans Group marine container line has increased capacity for its service between Chinese ports and the Global Ports Far Eastern terminal (part of Russia’s Delo Group). The Global Ports Far Eastern Terminal is one of the largest terminals in the Russian Far East. It’s part of the Vostochnaya Stevedoring Company (VSC) and has a […]
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Russia’s state-owned Agroexport Federal Center and the FESCO Transportation Group are working together to promote the establishment of direct contacts between Russian agricultural product exporters and Vietnamese partners, as well as the growth of Russian agricultural exports to the Vietnamese market. Following meetings at the Vietfood & Beverage 2025 exhibition in Ho Chi Minh City, […]
Meetings chaired by Vladimir Serpikov, the Eurasian Economic Commission Trade Policy Department Director, have addressed the prospects of trade and economic cooperation between the Eurasian Economic Union (EAEU) and Tunisia, according to the Eurasian Economic Commission (EEC). The EEC stated: “In particular, representatives of designated government agencies, the business community, and the academic community of […]
The Russian President, Vladimir Putin, has met with President of the UAE, Sheikh Mohammed bin Zayed Al Nahyan in Moscow. Putin stated “I am delighted to see you once again in the capital of Russia. We attach special importance to our relations with the United Arab Emirates. For Russia, the UAE is a friendly nation, […]
The Russian President Vladimir Putin has met with the current Malaysian Head of State, Sultan Ibrahim Iskandar of Johor, in Moscow. Malaysia is a constitutional monarchy, with nine Sultans each rotating the position as Head of State for five year terms. The Head of State is titled “Yang di-Pertuan Agong” with Sultan Iskander having been […]
The Russian President, Vladimir Putin, has met with the President of Laos, Thongloun Sisoulith, in Moscow. Several agreements were signed, including a treaty on mutual legal assistance in criminal matters; a MoU between corresponding agencies on cooperation in water resources management and protection, and in vocational and professional training. A 2025–2026 roadmap for cooperation between […]
The category of “luxury” cars available in Russia has changed radically since 2014. While Western brands such as Ferrari, Lamborghini, Rolls-Royce https://www.rolls-roycemotorcars.com and Bugatti, have dominated the past decade, 13 ‘premium’ brands have been recently added, including China’s Hongqi, Lixiang, and Zeekr marques. Leadership in the luxury segment is consistently held by well-known Western brands […]
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