Imports

Potatoes

China Becomes Top Three Supplier Of Potatoes To Russia

Agriculture, China, Imports, Russian Market

China has become the third largest potato supplier to Russia, with Russia importing 46,700 tons of vegetables from China valued at US$17.3 million. Egypt was second with 75,300 tons, and Belarus the potato exports kings with 193,800 tons of potatoes. Other significant suppliers include Azerbaijan, Georgia, Kazakhstan, Pakistan, Kyrgyzstan, Serbia, Armenia, Turkiye and Germany. In […]

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Haval

China’s Haval Autos Changes Its Russian Market Strategy 

China, Foreign Investment, Imports, Russian Market

Growing demands on Chinese automakers to localize production in Russia are forcing them to expand their warehouse capacity within the country. For example, Haval leased 42,000 square meters in the Klin industrial park near Moscow – one of the largest deals in the commercial property rental sector this year to date. Reports from the Moscow

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Qingdao

New Far East Russia – Qingdao Shipping Service Launched

China, Exports, Imports, Logistics & Transport, Trade

Russia’s Delo Group stevedoring subsidiary has launched a new container service that connects the Russian port of Vostochny with China’s east coast Qingdao, with the service running three times a month. It will be able to take on board both universal containers and specialized tank containers and refrigerated trucks. Vostochny Port is near to Vladivostok

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Chinaimage

Russia, China Meet On Sidelines Of BRICS Foreign Ministers Meeting: Ministers Statements & Q1 Bilateral Trade Update

BRICS, China, Exports, Imports, Trade

The Russian Foreign Minister, Sergey Lavrov, has met with China’s Foreign Minister Wang Yi at the BRICS Foreign Minister’s meetings in Rio de Janeiro. This is what they had to say:  Sergey Lavrov’s Statement “Dear friend, we meet regularly and frequently, which allows us to remain in good shape. You said that we are likely

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Algeria

Russia Looks To Algeria As An African Market Entry Hub 

Africa, Exports, Imports, Trade

Algerian infrastructure can become a hub for Russia, providing it with access to African markets, according to Ahmed Azimov, chairman of the Russian-Algerian Business Council. Azimov stated that mechanisms have already been outlined that will help companies from Russia to explore new areas faster and more safely. Azimov was commenting after a Russian business mission

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Amur

Russia, China Study 70 Inland Border River Navigation Capabilities  

China, Exports, Imports, Infrastructure, Investment, Trade

Russia and China have conducted navigation studies for the development of shipping lanes on the border sections of the Amur, Ussuri, Argun, Sungacha and Lake Khanka rivers, according to the Amur basin of inland Waterways (FBU Administration Amurvodput). The recent 66th meeting of the Joint Russian-Chinese Commission for Navigation on Border Rivers agreed on planned

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Sri Lanka

Russia, Sri Lanka Trade Increased 2.4 Times In 2024

Agriculture, Asia, Exports, Imports, Trade

The bilateral trade turnover of agricultural products between Russia and Sri Lanka grew 2.4-fold to reach US$343.7 million in 2024, Russia’s Agroexport federal centre has said. While relatively small, the results show an improvement in the Sri Lanka economy, with the country defaulting on its foreign debts in 2023. Russia has provided some aid assistance.

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Image Hyundai

Hyundai, Kia Preparing To Return To The Russian Market? 

Asia, Imports, Russian Market, Trade

In signs that some businesses are preparing to return to the Russian market, South Korea’s auto giant Hyundai has registered at least eight new trademarks with Russia’s intellectual property service, Rospatent, this month. The filings suggest that Hyundai could be preparing for a return to the Russian market. The new trademarks grant the company the

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Cosmetics

Russia Imposes 35% Import Tariffs On Cosmetics & Perfumes From Unfriendly Countries

China, Imports, India, Russian Market, Trade

Russia’s Trade & Industry Ministry has stated that Russia will impose increased customs duty of 35% on perfume, eau de toilette, powder, hair and lip makeup products, as well as skin care products imported from unfriendly countries. The tariffs are immediately effective. The Ministry notes said that the updated list of goods subject to duty

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LV

Louis Vuitton Preparing To Return To The Russian Market? 

Imports, Russian Market, Trade

French luxury brand Louis Vuitton has registered up to six new trademarks in Russia, according to media reports citing records kept by the country’s federal intellectual property agency, Rospatent. Louis Vuitton filed an application in October, and Rospatent registered a new trademark this month, which is valid until 2034. The Rospatent database apparently shows that

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