Russia actively shifted its trade focus away from Europe and the United States, redirecting it toward markets in friendly countries—primarily China, India, Central Asia, Africa, and the Middle East. The share of these countries in Russia's foreign trade has increased from 46% to 82%.
"For the last three years, our trade with friendly countries has increased from 46% to 82%, reaching approximately $550 billion. Currently, more than 85% of our exports are directed to friendly nations, while imports from these countries now account for around 75%,” - stated Russian Deputy Prime Minister Alexander Novak as
According to the latest data published by the Federal Customs Service (FCS) on Russia's global trade, total trade turnover for January–April 2025 amounted to $214 billion, a decrease of 2.9% compared to the same period in 2024. Particulatly, exports from Russia fell by 5.9% year-on-year to $128.2 billion, while imports rose by 1.8% to $85.8 billion.
From January to April 2025, Russia's exports to Europe totaled $19.2 billion, marking a decline of 11.0% year-on-year. Exports to Asia stood at $97.6 billion (down 4.1%), to Africa at $6.9 billion (down 11.3%), and to the Americas at $4.3 billion (down 10.4%).
During the same period, imports to Russia from Europe amounted to $21.9 billion, down 1.6%. Imports from Asia rose to $57.5 billion (up 2.4%), from Africa to $1.5 billion (up 35.6%), and from the Americas to $4.8 billion (up 6.7%).
Russian President Vladimir Putin held more than three hours of talks with U.S. envoys Steve Witkoff and Jared Kushner in Moscow on efforts to end t...
U.S. forces have struck three Iranian oil tankers after Iran launched ballistic missiles at two Navy ships, according to U.S. Central Command. ...
Two Greek military pilots were killed on Saturday when an F-4 Phantom fighter jet crashed during an air show at Tanagra air base, north of Athens, ...
U.S. negotiators Steve Witkoff and Jared Kushner will visit Russia then Ukraine over the weekend, Russian state news agency TASS has reported, citing an unnamed source. Ukrainian President Volodymyr Zelenskyy has also said American envoys will visit the capitals of both countries.
U.S. negotiators Steve Witkoff and Jared Kushner have arrived in Moscow for peace talks on the Russia-Ukraine conflict, two people familiar with the matter said. They were met by Russian Presidential Envoy Kirill Dmitriev.
U.S. efforts to squeeze Iran’s economy through an oil blockade and sanctions are becoming increasingly difficult for Tehran to withstand, according to three senior Iranian sources. Washington is escalating pressure in hopes of securing concessions in future negotiations.
An Iranian tanker was hit by U.S. forces on Saturday near Iran's key oil export hub, Kharg Island, in the Gulf, the semi-official Iranian news agency Tasnim reported.
Two people have been rescued alive from a tunnel in Nepal, nine days after catastrophic floods devastated the country, as rescuers continue searching for survivors.
Volkswagen’s supervisory board has approved a major overhaul aimed at cutting 100,000 jobs by 2030 as the German carmaker battles weaker sales, falling profits and intensifying global competition.
Chinese Premier Li Qiang has called on American companies to expand their presence in China and pledged that Beijing would address their "reasonable concerns," as China looks to stabilise trade ties with Washington ahead of President Xi Jinping's planned visit to the U.S. later this month
Apple is entering a new era as Tim Cook steps down as chief executive after 15 years at the helm, handing the technology giant's leadership to longtime executive John Ternus.
Volkswagen is heading towards a decisive showdown with labour representatives as Germany's largest carmaker weighs sweeping restructuring measures that could lead to factory closures and tens of thousands of job losses.
Online fast-fashion retailer Shein is seeking to raise up to $1.77 billion in a Hong Kong IPO after its valuation fell around 70 per cent from its private-market peak four years ago.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment