Latest updates, insights, and analysis.
Russia’s oil and petroleum product export revenue reached US$11.35 billion in December, up US$250 million from November but down US$3.21 billion from a year earlier, the International Energy Agency said in its monthly report. Oil exports increased by 620,000 barrels per day last month to 7.55 million bpd. Russian oil exports in December increased by […]
On Tuesday, January 20, Russia’s Foreign Minister Sergey Lavrov convened his traditional annual press conference in Moscow to review the performance of Russian diplomacy in 2025 and set out the foreign policy and economic agenda for 2026. At this event—attended by hundreds of journalists—Lavrov emphasized that the diplomatic focus is no longer solely about geopolitical […]
The St. Petersburg International Mercantile Exchange (SPIMEX) is preparing for trading in platinum bullion, SPIMEX president Igor Artemyev has stated, and is collaborating with Norilsk Nickel on the matter. The Russian Ministry of Finance also has a specific interest in organizing the trading, though legislation will be required to permit such trade. Artemyev said, “We […]
Russia boosted crustacean exports by 10% year-on-year to 91,000 tonnes in physical terms, and increased revenues by 13% to over US$2 billion in 2025, according to the Russian Agriculture Ministry’s Agroexport center. The top 5 importers included China at US$1.2 billion, South Korea at around US$750 million, Japan at over US$33 million, Vietnam at over […]
Russia’s Technonicol has begun exporting greenhouse substrates produced at the corporation’s plant in Krasny Sulin in the Rostov region to Saudi Arabia. The first batch of products included mineral wool cubes intended for germinating tomato seedlings in greenhouses. Technonicol’s products were delivered by sea from Novorossiysk to Jeddah via the Bosporus and the Suez Canal. […]
Russia boosted exports of mineral fertilizer to China 6% year-on-year to nearly 5 million tonnes, totaling US$1.6 billion, up 12% year-on-year, in 2025, according to data from China’s General Administration of Customs. This was mainly China increasing its imports of potash fertilizer, the primary fertilizer imported from Russia, 9% year-on-year to 4.6 million tonnes, worth […]
Moscow is ready to contribute to US President Donald Trump’s ‘Board of Peace’ initiative, President Vladimir Putin told the Russian Security Council on Wednesday (January 21). He suggested donating the required US$1 billion membership fee to the body out of the Russian assets frozen in the US to support the recovery of the Palestinian enclave. […]
For much of the post-Cold War period, the Arctic existed outside the main currents of global geopolitics. Covered by ice, distant from population centers, and governed by cooperative mechanisms, the High North was widely perceived as a region immune to confrontation. This assumption has gradually dissolved. Climate transformation, technological adaptation, and global power redistribution have […]
Moldova has launched the procedure for officially withdrawing from the Commonwealth of Independent States (CIS), Foreign Minister Mihai Popsoi has said. The CIS was formed in 1991 after the collapse of the USSR to promote cooperation regarding economic, political, and security issues among the former Soviet republics. It currently includes Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, […]
Russia increased pork product exports to China by 60% to a value of US$86.5 million in 2025 from US$53.3 million in 2024, China’s General Administration of Customs (GACC) has reported. As a result, Russia became one of the top ten suppliers of pork products to China in terms of export revenue. China imported pork products […]
Russia exported dairy products worth more than US$500 million in 2025, with supplies going to almost 100 countries worldwide, the head of the Agroexport federal center Ilya Ilyushin, said at the third forum of dairy industry leaders in Moscow on Tuesday (January 20). The final sales volumes are likely to be higher, as the December […]
Although China has currently suspended Russian electricity imports, it purchased 306.5 million kWh in 2025, according to data from the Chinese customs administration. In monetary terms, this amounted to US$13.97 million. The sole electricity export/import operator in Russia, Inter RAO, has not yet published its data for 2025. The company reported supplying 900 million kWh […]
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