Russian Market

Rare Earths

Ukraine’s ‘Rare Earth Deposits’ Are Mainly In Russia   

Economy, Exports, Russian Market, Trade

The discussions between US President Donald Trump and Ukrainian figurehead Volodymyr Zelensky concerning giving the United States access to Ukrainian rare earth deposits has hit a snag – most of the concentrated deposits referenced by Zelensky are actually in Russia. In an article by the UK’s Independent Newspaper the news media provides an interactive map […]

Ukraine’s ‘Rare Earth Deposits’ Are Mainly In Russia    Read More »

Tomato

Tomato Wars: Russia Simply Replaced EU Imports With Azerbaijani Produce 

Agriculture, Commonwealth of Independent States, Imports, Russian Market, Trade

Azerbaijan exported 145,600 tonnes of tomatoes in 2024, up 3.6% compared to the previous year, accordig to the Azeri State Statistics Committee, while the value of the product also increased – by 8.3% to reach US$175.4 million. In 2023, Azerbaijan exported 140,600 tonnes of tomatoes worth US$162 million. In both cases, the primary buyer was

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Golden Apple

Russian beauty retailer Golden Apple enters Saudi Arabian market

Exports, Investment, Middle East, Russian Market, Trade

The cosmetics and perfumery chain Golden Apple (Yekaterinburg) will begin operating in Saudi Arabia, with offline and online stores to be launched in the coming months, the company’s press service said. “Golden Apple will become not only the first Russian beauty retailer to enter the kingdom’s market but also the first multi-brand retailer to enter

Russian beauty retailer Golden Apple enters Saudi Arabian market Read More »

XI

Xi Jinping Expected To Visit Moscow In May For World War Two Victory Day Celebrations

China, Russian Market, Trade

Chinese President Xi Jinping has accepted an invitation to attend the celebration in Moscow of the 80th anniversary of Victory in the Great Patriotic War (World War Two), according to a statement announced by the Russian Ambassador to China, Igor Morgulov. Chinese authorities have not yet commented on the information. Morgulov stated that “The Chairman

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Diamonds

Russian Domestic Investment Grade Diamond Sales Increase Threefold

Economy, Finance, Russian Market, Trade

ALROSA, which produces about 90% of diamonds in Russia, increased sales of investment-grade diamonds by a multiple of three times in 2024, to more than 1,000 units, the company has said. The investment category includes diamonds from 2 carats with certain colour and purity characteristics. Their price point starts from ₽2 million (over US$20,000) per

Russian Domestic Investment Grade Diamond Sales Increase Threefold Read More »

Confectionary

A Sweet Tooth For Russian Sweets: Russian Confectionary Exports Up 8% In 2024

China, Commonwealth of Independent States, Eurasian Economic Union, Exports, Russian Market, Trade

Russia exported 700,000 tonnes of confectionery products in 2024, up 8% year-on-year, while the value of these exports grew 10.3% to reach US$1.81 billion, according to the Russian Association of Confectionery Industry Enterprises. They were presenting at the “Confectionery Products of the 21st Century” conference in Moscow last week. The 2025 export forecast for Russian

A Sweet Tooth For Russian Sweets: Russian Confectionary Exports Up 8% In 2024 Read More »

Economy

Russian Disposable Income Levels Grew By 8.6% In 2024: Economic Analysis

Economy, Finance, Infrastructure, Russian Market, Trade

Russian President Vladimir Putin has been discussing and analysing Russia’s economic position during 2024 with Prime Minister Mikhail Mishustin to see areas that worked and where attention to change needs to be directed. Mishustin was presenting the results of Russia’s economic performance for last year. The results are generally positive but there are some critical

Russian Disposable Income Levels Grew By 8.6% In 2024: Economic Analysis Read More »

Auto

Russia’s Auto Manufacturing Sector Grew By 16.5% In 2024 

Economy, Infrastructure, Investment, Russian Market, Trade

Russian auto factories increased production of all types of vehicles by 16.5% during 2024, with the production of some types of cars increasing while others, began to be assembled less. The domestic automobile industry has great potential for further growth, but increasing production volumes will largely depend on the general situation on the market. Last

Russia’s Auto Manufacturing Sector Grew By 16.5% In 2024  Read More »

Tourism

Russian’s Spending More Tourist Dollars On Overseas Trips

Asia, Economy, Exports, Logistics & Transport, Middle East, Russian Market, Trade

Russian spending on trips abroad has exceeded pre-2019 record levels, according to the Russian Central Bank. In 2024, Russian nationals spent almost US$38 billion on travel to other countries, overtaking the previous record by US$1.5 billion. Among the main reasons for the growth of the Russian overseas tourism sector are the availability of new destinations

Russian’s Spending More Tourist Dollars On Overseas Trips Read More »

Ajet

More Istanbul – St.Petersburg Flight Connections From March

Logistics & Transport, Middle East, Russian Market, Trade

Turkiye’s AJet airline will launch direct flights between Istanbul and St. Petersburg on March 14, according to St. Petersburg’s Pulkovo Airport. There will be four flights a week, on Mondays, Wednesdays, Fridays and Sundays. Pulkovo airports press service stated that “AJet is the fourth carrier on the St. Petersburg-Istanbul route. The number of flights to

More Istanbul – St.Petersburg Flight Connections From March Read More »

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