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.
A new transport and logistics centre to service freight transport between Russia and China is to be launched in Russia’s Far Eastern Khabarovsk, according to the Russian Corporation for the Development of the Far East and the Arctic. This includes a vehicle checkpoint on the border with China on the Bolshoy Ussuriysky Island on the […]
In this unique guide, we showcase Russia’s diplomatic, trade and investment ties with a region where Russia’s influence is undoubtedly growing, and include Mexico as well as the Central American countries of Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama. Russia’s involvement in Central America has been somewhat restricted due to distance, the […]
The Russian Ambassador to Mexico, Nikolay Sofinsky, has given an interview to TV BRICS concerning Russia’s current relations with Mexico. This included subjects such as bilateral development and trade details, BRICS, cultural exchanges and the potential for other Russian-Latin American trade. TV BRICS questions are prefixed as such, Nikolay Sofinsky’s responses are prefixed NS. Our […]
The humble banana is a point of trade interest between Russia and Latin America’s Ecuador, with the south americans providing 16% of all bananas consumed in Russia. There have been some inconsistencies in product, leading to experts from Russia’s plant and animal health watchdog Rosselkhoznadzor to conduct an audit of Ecuador’s banana certification system in […]
The Eurasian Economic Union (EAEU) and Mongolia have agreed on the remaining issues concerning a temporary free trade agreement, according to the Eurasian Economic Commission (EEC). This follows a meeting between EEC Trade Minister Andrei Slepnev and Gantumur Luvsannyam, the Mongolian Economic and Development Minister. Slepnev said “We have conducted productive talks, in which we […]
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Russia imported 20,000 tonnes of seafood from Iran in 2024, up 25% from the previous year, the Russia Fish Union said, citing the European Market Observatory for Fisheries and Aquaculture Products (EUMOFA). In monetary terms, imports also increased 25%, reaching US$60 million in value. Russia accounted for 10% of Iran’s total seafood exports in volume […]
The time and cost of shipping containers from China to Russia have significantly decreased, with the supply of transportation now exceeding shipping demand. The transportation time has dropped to three weeks, and the rates on the Shanghai-Moscow route are now about US$5,000 per container. Oleg Poluektov, a Director of logistics for the Russian company ModernWay […]
This unique and brand new 2025 Guide includes Russia’s trade, investment and development status with Benin, Burkina Faso, Cape Verde, The Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo. West Africa is a diverse region, with a considerable European colonial past and some regional conflicts, especially in the […]
The Russian President, Vladimir Putin, has been discussing bilateral relations with the Tajik President, Emomali Rahmon, in Moscow. They discussed prospects for expanding bilateral relations of strategic partnership and alliance, with a focus on trade, investment, cultural and humanitarian cooperation in addition to exchanging opinions on key regional issues. Both countries are members of the […]
The full free trade agreement between the Eurasian Economic Union (EAEU) countries and Iran will go into effect on May 15, according to Andrei Slepnev, the Eurasian Economic Commission Trade Minister. The EAEU includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. It fills the geographic space between Eastern Europe and Western China. The EAEU said in […]
Russia and Venezuela are celebrating their 80th year of diplomatic relations this year, with Russian Foreign Minister Sergey Lavrov giving comments on contemporary relations on Friday (March 14). This is an edited overview of what he had to say, concentrating on the trade and investment issues: Background “Today, Russian-Venezuelan relations are developing on a firm […]
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