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 […]
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 […]
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 […]
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 […]
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 […]
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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 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 […]
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 […]
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 […]
The Israeli Tourism Ministry has said that 72,600 Russian tourists visited Israel in 2024, a sharp decline from the 158,500 Russian tourist arrivals in 2023. The number of tourists fell after the Israeli-Palestinian conflict escalated on October 7, 2023. Overall, Russian visitors retained the fourth position among foreign tourists to Israel in 2024 with a […]
Russia’s supply chains are showing signs of adapting far more quickly than in the past, with one example being butter imports from Azerbaijan, Uruguay and Argentina this year, which have all increased, according to Russia’s Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor). Azerbaijan delivered 940 tonnes of butter, four times the amount it did […]
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