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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Russian President Vladimir Putin met with the President of the Syrian Arab Republic, Ahmed al-Sharaa, at the Kremlin on January 28. The talks focused on political, economic, and military base security cooperation and coordination, as well as expanded collaboration in trade, investment, and post-war reconstruction. Notably, this visit marks President al-Sharaa’s second trip to Russia […]
Russia boosted gold imports to Hong Kong 42% year-on-year to 92.1 tonnes and double in value to HK$82 billion (US$10.5 billion) in 2025, according to data from the Bureau of Statistics of the Hong Kong Special Administrative Region of China. Chinese customs data indicate that gold imports from Russia to mainland China jumped 15-fold to […]
Trade turnover in fish and seafood between Russia and Middle Eastern countries grew 22% in 2025 to reach a value of US$107 million, the Russian Fish Union has said, based on an analysis of foreign customs services data. Exports from Russia to the UAE decreased 25% to 300 tonnes, but their value increased 35% to […]
The goals of Russia’s trade and economic partnerships differ depending on the country; for example, with China it is increasing non-resource, non-energy exports, and with India it is balancing trade, according to government materials for a strategic session on the development of foreign economic activity. Documents state that “the central element of Russia’s foreign economic […]
Trade turnover between Azerbaijan and Russia amounted to US$4.92 billion in 2025, up 2.5% compared to the previous year, the Azerbaijani State Customs Committee (SCC) has stated. Trade operations with Russia accounted for 9.96% of the country’s total foreign trade turnover, the SCC said. Russia is Azerbaijan’s third largest foreign trade partner after Italy and […]
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Namibia’s Foreign Minister, Selma Ashipala-Musavyi visited Moscow from January 12 to 14), with the symbolism important but the trade, economics and investment dialogues more vital. Three decades after Namibia’s independence and more than sixty years after the Soviet Union first backed the South West Africa People’s Organisation (SWAPO) during the liberation struggle, Windhoek and Moscow […]
Brazil is ready to cooperate with Russia on rare earth metals, Brazil’s ambassador to Moscow Sergio Rodrigues dos Santos has stated, adding that such cooperation between the countries has potential. Santos stated that “We need to find ways to cooperate, and Brazil is certainly open to dialogue with Russia, both in the area of extraction […]
The Chinese Ambassador to Russia, Zhang Hanhui, has been interviewed in Russian media, commenting on numerous bilateral issues, including the joint development of hi-tech products, cross-border finance, joint aircraft manufacturing, tourism, and the prospects of a joint lunar base. This is what he had to say: Q: “Russian-Chinese cooperation has broad prospects in the field […]
Georgia’s Mtskheta–Stepantsminda–Lars Highway, also known as the Military Road, is undergoing a large-scale modernization, including a 27 km high-speed section and numerous new bridges. The Georgian government is spending about 1.2 billion lari (US$450 million) in upgrades, which includes the construction of the longest arch bridge in the country and a strategically important tunnel, with […]
The Russian State Development Corporation, VEB.RF, has provided the first tranche of ₽211 million (US$2.8 million) of a ₽17 billion (US$215 million) project for constructing a cable car between Blagoveshchensk in the Amur region and Heihe in China. It will become the world’s first cross-border cable car crossing, with immigration facilities on both sides. A […]
Zambia views its relations with Russia as a “strategic partnership,” with cooperation already advancing in education, energy, and trade, Foreign Minister Mulambo Haimbe has said. He was speaking on the sidelines of the second Russia-Africa Ministerial Conference in Cairo. Haimbe also said that more than 600 Zambian students are currently studying in Russia, many of […]
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