Latest updates, insights, and analysis.
China’s auto manufacturers have leapt to a 45% Russian market share over the past three years as European manufacturers exited the market and Chinese brands swept in to replace them. However, oversupply and changes in Russia’s import tariffs on vehicles have meant that up to ten Chinese brands may leave the Russian market due to […]
Argentina’s President Javier Milei has stated that Russia, the United States and China will establish distinct zones of influence under the emerging new world order. Speaking during a local radio interview, he said that “The world order is being redefined. The United States will now lead the Americas, Russia will lead Eurasia, and China will […]
The Russian Ruble has strengthened against the US dollar by 38% in over-the-counter trading since the beginning of the year, becoming the world’s most profitable currency due to the US dollar weakening amid new American duties, according to Bloomberg, who cited economists. Among them was Sofya Donets, an economist at T-Investments, who stated “Unlike many […]
Russia’s Murmansk Arctic Port, near to Norway and originally intended to service Northern Europe, has been sanctioned by the EU and remains off limits for use by European operators. However with the increasing use of the Northern Sea Route, it is ideally positioned to take advantage of Western Russian exports to China and Asia, a […]
Belarus is planning the first shipments to China through Russia’s Arkhangelsk port, according to Alexander Tsybulsky, Governor of the Arkhangelsk Region, and Belarussian officials and exporters. Over the past three years, Arkhangelsk’s export cargo turnover has increased by 50%, which was the result of systematic work to strengthen the logistics infrastructure. Tsybulsky stated that “In […]
Russia’s Agroexport Centre has stated that Russia has the potential to increase dried lentil exports to Turkiye to values of US$150 million by 2030. Russia’s main competitors on the Turkish lentil market are Canada, Kazakhstan and Australia. Russian lentil exports to Turkiye fell to US$76.1 million last year from US$100.6 million in 2023, with exports […]
Russia’s Energy Strategy: Crude Oil Production and Export Outlook to 2050 – a document outlining the country’s vision for the energy sector and response to global challenges – was approved by Prime Minister Mikhail Mishustin on Monday. It provides a conservative approach to crude oil production, aiming to stabilize output at approximately 10.84 million barrels […]
The Board of the Eurasian Economic Commission has approved an internal report concerning market analysis of the most promising markets and industries for the joint export of non-primary, and high-tech products of the member States of the Eurasian Economic Union (EAEU). The EAEU includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. It has free trade agreements […]
Russia’s container transhipment volumes in its Northwestern Ports such as St.Petersburg continue to recover after volumes fell in 2022. This new growth trend has made it possible to maintain a surplus of terminal capacity and introduce new quality of direct line services without transhipment in European ports, according to Leonid Shlyakhturov, Executive Director of FESCO […]
The Russian Foreign Minister, Sergey Lavrov, has been attending the annual meeting of the Foreign Ministers of the Commonwealth of Independent States (CIS) in Almaty. The meetings included the Foreign Ministers of Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Turkmenistan, and Uzbekistan. Following the discussions, Lavrov held a Press Conference and took related questions. In this article, he […]
Russia’s wheat exports to Africa surged in the Q1 2025 compared to the same period last year, according to food safety watchdog Rosselkhoznadzor, with exports of raw grain and its processed products totalling 11.8 million tons between January 1 and April 6. Wheat exports to Nigeria increased fourfold to 210,000 tons, Tunisia’s imports of Russian […]
Russia’s buckwheat exports doubled year-on-year to 110,000 tonnes in the first quarter of 2025, the Agroexport federal center has reported. China remained the biggest importer, purchasing 96% of Russian buckwheat exports. Turkey imported 1% and Iran also 1%. Agroexport said that Turkey had imported a record 1,200 tonnes of buckwheat, while Iraq purchased Russian buckwheat […]
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