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.
The Russian and Egyptian Presidents have met in New Delhi on the sidelines of the BRICS Summit. Both had large trade delegations, discussing bilateral development in nuclear energy, industrial cooperation for the wide African market, agriculture, security and tourism. Current bilateral trade is growing at abot 15% per annum. We examine the trade details and developments.
The Russian President, Vladimir Putin has met with Malaysian Prime Minister Anwar Ibrahim, with both sides having sizeable delegations. The main points raised were in bilateral agriculture, finance, security, and energy developments and cooperation. We detail these issues as bilateral trade continues to grow by 13% per annum.
Significant progress has been made on the proposed India-Eurasian Economic Union Free Trade Agreement. The Eurasian Economic Commissioner for Trade stated that the next round of talks in November “should be the key round of negotiations and will be centered around the key questions of access to each other’s markets.” They are scheduled just before Modi’s planned visit to Moscow, suggesting a deal could be imminent.
Most reports on the Putin-To Lam meetings omitted details of the two countries 50-Point Joint Statement and the 21 strategic development documents. In this follow-up artcle we identify in detail exactly what these were and the implications for Russia-Vietnam-ASEAN trade development. It is essential reading for anyone involved in ASEAN affairs.
The Russian and Vietnamese Presidents have met in Moscow with sizeable delegations accompanying them. Comprehensive talks were held concerning energy, infrastructure, investments and finance, with an emphasis on direct Moscow-Hanoi rail connectivity, nuclear power, and a near-tripling of bilateral trade by 2030. We provide full details of what was discussed and the implications for Vietnam and the wider ASEAN region.
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Russia and North Korea have opened a new road bridge across the Tumen River that is capable of processing 300 vehicles and 2,300 cross-border travellers every day. It significantly improves bilateral trade connectivity.
Russia’s Sberbank has launched an overseas crypto payment scheme for its corporate clients conducting international trade and investment. The Russian Central Bank authorised the method from September 1 with the mechanism likely to be a considerable game changer in global trade flows.
Russia’s FESCO Transportation have opened a Representative Office in Jakarta, the Indonesian capital and its largest port. A Eurasian Economic Union Free Trade Agreement came into effect from December last year, with the immediate result being a 22% increase in bilateral trade volumes in 2026 year to date.
The Russian and Kazakh Presidentshave met in Bishkek to discuss bilateral cooperation. Trade volumes have jumped 15% this year to date and if maintained will reach the US$30 billion goal the two Presidents agreed upon in 2024, well ahead of schedule.
The Russian and Uzbekistan Presidents have met in Bishkek. We summarise the latest trade and investment data as bilateral trade grew by 8.4% last year. Uzbekistan recently became a BRICS Partner State.
Armenia is poised to hold a referendum about joining the European Union. In this article we look at its relationship and trade with the Eurasian Economic Union and the practical issues Armenia needs to take before making a choice.
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