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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.

Featured January 5, 2025

Russia’s Pivot To Asia New Publication – “2025 Guide To Central Asia”  

Russia’s Pivot To Asia have published their ‘2025 Guide to Central Asia’, which details Russia’s trade, investment and geopolitical relations with Kazakhstan, Turkmenistan, Tajikistan, Uzbekistan, Afghanistan, Kyrgyzstan and Mongolia. It also discusses the roles and developments within the Commonwealth of Independent States and the Eurasian Economic Union. It is essential reading for anyone interested in,or […]

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Featured January 5, 2025

Russia’s Foreign Trade: 2024 Changes and 2025 Trends

2024 was marked by distinct changes in Russia’s foreign trade turnover, as sanctions and geopolitical instability forced the Russian economy to adapt to a new normal. Despite these challenges, exports grew by 0.5% to reach US$278 billion in value, while the focus of attention of Russian suppliers was Asia, Africa and the CIS countries. It […]

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January 2, 2025

How Foreigners Can Pay For Goods & Services In Russia

The suspension of Russian banks from SWIFT, and sanctions resulting in Amex, Visa and Mastercard withdrawal from providing services in Russia have made it difficult for foreign visitors to access their own money while in Russia. It has also made it difficult to remit money to Russia for payment of goods or services, or for […]

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December 27, 2024

New Russia’s Pivot To Asia “2025 Guide to the Caucasus” Out Now

Russia’s Pivot To Asia has released a new publication, titled “A 2025 Guide to the Caucasus”. It is available for complimentary download from the RPA website and can be accessed here. The Guide gives a unique and complete overview of the Caucasian region and details Russian trade, investment and interests with the following countries and […]

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December 27, 2024

Putin: 2024 Russia – Commonwealth of Independent States Trade Up 10.6% 

The Russian President, Vladimir Putin, convened an informal group meeting of the Commonwealth of Independent States (CIS) member states in St. Petersburg on December 25th. The CIS includes Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan, with Turkmenistan an observer state. The CIS differs from the Eurasian Economic Union in that it is not […]

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December 26, 2024

Russia, Pakistan To Launch Direct Rail Services

Russia and Pakistan will launch the first direct freight train between the two countries next year as they seek to boost mutual trade, according to Pakistani Energy Minister Awais Leghari. Moscow and Islamabad are set to launch trial runs on the rail link to transport goods from Russia to Pakistan in March 2025, he said.   […]

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December 26, 2024

Russia, Belarus, To Jointly Produce Electric Vehicles

Belarus and Russia are working on creating a joint venture to produce electric vehicles, according to the Belarusian National Academy of Science (NAS), who stated “From December 22 to 25, a delegation from the Belarusian NAS, led by Academician and Secretary of the Department of Physical and Technical Sciences Sergei Shcherbakov, is visiting organizations of […]

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December 23, 2024

Russia – Armenia Bilateral Trade Increases 91% In 2024

The Deputy Prime Ministers of Russia and Armenia – Alexei Overchuk and Mher Grigorian, have highlighted the continuing rapid growth of Russian-Armenian trade during the Russian-Armenian intergovernmental commission on economic cooperation meeting in Moscow on Friday (December 20). Overchuk said “Our trade and economic relations continue to be on the rise.  I can say that […]

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December 22, 2024

Russia–Kazakhstan To Open Cross-Border Logistics Centre In Astrakhan

A cross-border trade center will be created at the Kazakhstan-Russia border, as announced during a meeting between Kanat Khasenov, the Consul General of Kazakhstan in Astrakhan, and Igor Babushkin, the Governor of Russia’s Astrakhan region. Babushkin noted that the Republic of Kazakhstan is one of the main partners of Russia’s Astrakhan Oblast (Province) with strong […]

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