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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 July 1, 2025

Russia Estimates Saudi Arabian Agricultural Market As Having Significant Growth Potential

Russia has significant potential to increase agricultural exports to Saudi Arabia, with the total export potential of Russian agricultural products to the country estimated at US$1.4 billion by 2030, according to Ilya Ilyushin, Head of the Agroexport Federal Center. He was speaking at the Russian-Saudi GRAS Agro-Industrial Forum in Moscow on June 30. The GRAS Forum is the first-of-its-kind platform […]

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June 30, 2025

Another Mongolia Border Checkpoint Expanded, Free Economic Zone Established

With the pending Eurasian Economic Union – Mongolia Free Trade Agreement shortly to come into effect, another vehicle checkpoint is being upgraded on the Russia-Mongolia border, this one being at Tashanta, on the border of the Altai Republic with Tsagaannuur in Mongolia. The border crossing is part of the AH4 international highway, and will be […]

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June 30, 2025

Russia, Turkiye To Increase and Diversify Bilateral Agricultural Trade

Russia and Turkiye plan to strengthen bilateral cooperation in agriculture with the aim of increasing and diversifying Russian-Turkish trade in agricultural products, according to a protocol from the Russian-Turkish intergovernmental commission meeting held last Friday (June 27). The meeting assessed the work of the executive committee on bilateral agriculture. Sunflower oil, wheat bran, sunflower meal, […]

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June 29, 2025

Sierra Leone to Grant Russia Rights to Fish in Its Atlantic Ocean Waters

Sierra Leone’s government is prepared to grant Russian fishing operators an annual catch quota of 40,000 tons, along with investment incentives aimed at boosting bilateral cooperation in the aquaculture sector, according to the Russian Federal Agency for Fisheries (Rosrybolovstvo). The agency said the move was discussed during the inaugural session of the Russian-Sierra Leone Fisheries […]

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June 28, 2025

Eurasian Economic Union Should Double Share Of Global GDP By 2035: Lukashenko

The Eurasian Economic Union (EAEU) has achieved success in the main performance indicators but fallen short of about 20 crucial targets in its 2025 development strategy; over the next decade, the union should, at a minimum, double its share in the global GDP, Belarusian President Alexander Lukashenko has said. He was speaking at the 2025 […]

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June 28, 2025

Vladivostok Marine Fishing Port Begins Service To Import Fish From China’s Qingdao

Vladivostok Marine Fishing Port (Vladmorrybport), a stevedoring company at Vladivostok, in the Russian Far East, has begun servicing a regular container service operated by FAST Shipping Line with the Chinese port of Qingdao, the company has said, stating, “Vladmorrybport received the first vessel, Gang Tong 19, on June 17. It is planned that the line will […]

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June 26, 2025

Colombia Joins BRICS New Development Bank

Colombia has confirmed it has joined the New Development Bank (NDB), the financial investment arm of the BRICS group. Colombia had requested membership in the NDB in May of this year, amid tensions with the United States over President Trump’s tariff war and Colombia’s joining China’s Belt and Road Initiative. Colombia’s Minister of Foreign Affairs, Laura Sarabia, said, […]

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June 26, 2025

Russia-Turkmenistan Bilateral Relations: 2025 Update

The Russian Foreign Minister, Sergey Lavrov, has been on an official visit to Ashgabat, Turkmenistan, where he was received by President of Turkmenistan Serdar Berdimuhamedov and held talks with Deputy Prime Minister and Minister of Foreign Affairs of Turkmenistan Rashid Meredov. They discussed key issues of Russia-Turkmenistan relations and reaffirmed their intent to implement joint […]

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June 25, 2025

Russian, Ruble-Linked A7A5 Stablecoin Services Billions Of Dollars Worth Of Trade 

A new cryptocurrency token designed to allow cross-border payments to avoid western financial sanctions on Russia has moved some US$9.3billion on a dedicated crypto exchange in just four months since it was launched, according to the Financial Times. Described as the first stablecoin pegged to the Russian ruble, the A7A5 token was officially launched in […]

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