Imports

Russia China

Russia-China Bilateral Trade Expected To Reach US$243 Billion For 2024

China, Exports, Imports, Trade

Bilateral trade between Russia and China has increased by 2.1% year-on-year to US$222.774 billion in the first eleven months of 2024, according to data released on Tuesday (December 10) by China’s customs. That implies a 2024 total of US$243 billion will be reached for the year, a record high and slightly more than last years […]

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Russia – Kenya 2024 Bilateral & Trade Relations: Update

Africa, Exports, Imports, Trade

Russian entrepreneurs are preparing to supply agricultural products and wines to Kenya, and plans are underway to establish a Russian trading house in Nairobi, according to Vladimir Vishnevsky, head of the commission for developing relations with Africa at ‘New Formation’, one of Russia’s largest business organizations. The comments were made following a recent meeting between

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China-Eu railway

China-Europe Rail Freight Continues To Rely Heavily on Russia Transit

China, Exports, Imports, Infrastructure, Logistics & Transport, Trade

Rail freight from China to Europe continues to rely heavily on transit through Russia, however the EU’s own sanctions, and especially new counter-sanctions imposed by the Kremlin, continue to create significant obstacles. For example, Italian logistics firms and importers have been complaining that containers following the China-Europe rail route have been stopping in Russia in

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China Russia railway bridge

Russia-China Nizhneleninskoye-Tongjiang Bridge Crossing Exports: Update 

China, Exports, Imports, Infrastructure, Logistics & Transport, Trade

The new Nizhneleninskoye-Tongjiang cross-border bridge between Russia and China has proved beneficial to Russia’s raw material exports since it opened in November 2022, and has become a key route for Russian coal and iron ore to be transported to China. Chinese finished goods are also imported in containers via the same cross-border bridge. Russia’s Transit

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China Auto Manufacturer Considering Manufacturing Facility In Siberia and Russian Far East

China, Foreign Investment, Imports, Russian Market

A Chinese automaker is considering Novosibirsk and Irkutsk regions as possible locations for a plant, the chairman of the Russian-Asian Union of Industrialists and Entrepreneurs (RAUIE), Vitaly Mankevich has stated. He was speaking at the GlobalSibExpo-China 2024 Automobile Transport, Logistics and Engineering Forum in Novosibirsk. Mankevich said that “The construction of a Chinese automobile company’s

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Russia – Peru 2024 Bilateral Relations: Update

BRICS, Exports, Imports, Latin America, Trade

Peru has been hosting the annual Asia-Pacific Economic Cooperation (APEC) summit, with the head of the Russian delegation, Deputy Prime Minister Alexei Overchuk, received by the Peruvian Prime Minister Gustavo Adrianzén Olaya. During their meeting, the sides discussed the current state of trade and economic relations between Russia and Peru as well as their prospects

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Operator Sought For Astrakhan-Turkmenbashi Port Ferry Services

Exports, Imports, Infrastructure, Logistics & Transport, Trade

The Russian Ministry of Industry, Trade, and Energy of the Astrakhan region has stated that regional authorities are working on the issue of determining an operator for a regular ferry service to be launched between the Olya port, in the Astrakhan region and Turkmenbashi port in Turkmenistan. Large Caspian shipping companies are apparently ready to

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New Russian Rail Digital Container Terminal To China Being Constructed

China, Exports, Imports, Infrastructure, Logistics & Transport, Trade

Russian Railways are to build another railway container terminal on the border with China at the Zabaikalsk / Manzhouli border checkpoint, according to the Russian Far East and Arctic Development Corporation. It will be able to process up to 250,000 digital containers (DFE) per year and will contribute to the increase in cargo flows on

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Russia Bilateral Relations With Madagascar, Togo, Congo, Equatorial Guinea, Burundi, Guinea and Namibia: 2024 Updates

Africa, Exports, Imports, Investment, Security, Trade

Sergey Lavrov, the Russian Foreign Minister, held several bilateral one-on-one meetings with the Foreign Ministers of Madagascar, Togo, Congo, Equatorial Guinea, Burundi, Guinea and Namibia on the sidelines of the first Ministerial Conference of the Russia-Africa Partnership Forum. The meetings took place in Sochi, between November 8 – 11. We provide a brief introduction to

Russia Bilateral Relations With Madagascar, Togo, Congo, Equatorial Guinea, Burundi, Guinea and Namibia: 2024 Updates Read More »

tourism

Foreign Tourist Visits To Russia Increase 11%, China The Largest Source

China, Imports, Trade

Overall tourism numbers to Russia have tripled from the beginning of 2024, according to Russia’s Federal Security Service (FSB). There were 13 million trips by foreign nationals to Russia from January to September 2024, up 11% from the same period last year, according to data from the FSB border service. The data also shows a

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