Economic News Russia

For transactions with digital money within foreign trade contracts, income and expenses will be included in the general tax base for corporate profit tax, and brokers will act as tax agents for personal income tax. At the same time, services of crypto exchanges and digital depositories will be exempt from VAT. Thus,...

In Russia, certification of the Mi-171A3 helicopter in a version without foreign components has been completed. Rosaviatsia issued 7 approvals for design changes. The aircraft is now officially cleared for passenger and cargo transport, instrument flights in adverse weather, as well as takeoffs and landings at elevated sites. The helicopter was designed with a focus on offshore and shelf operations. It is intended for long flights away from shore and is equipped with safety systems for such conditions, including fuel system protection and rescue equipment...

total weight exceeds 100 grams. An exception for individuals applies only with documented authorization from the Federal Assay Chamber and only when departing via the international airports Sheremetyevo, Domodedovo, Vnukovo (Moscow), and Knevichi (Vladivostok). Subscribe to @russianmarketer

This is driven by a record grape harvest and an 11.5% increase in production in 2025, according to the office of Deputy Prime Minister Dmitry Patrushev.

In February 2026, Russia increased imports of footwear from the U.S. to $1.4 million, more than doubling compared to February 2025. Russia’s share of U.S. footwear exports reached 1.5%, placing it 12th among the largest buyers. The leading importers remain Canada (23.8%), Vietnam (20.4%), and Mexico (7...

In March 2026, Russia sharply increased imports of Brazilian pet food, with purchases totaling $1.8 million. As a result, the country ranked 8 among importers of this product, with a 3.7% share of total supplies. The largest importers of Brazilian pet food were Paraguay (11.8%), Chile (10.3%), and Colombia (9...

In February 2026, Russia increased its imports of contact lenses from the U.S. to $1.3 million, nearly doubling compared to February 2025 ($696,500). As a result, the country moved up from 16th to 10th place among the largest importers. The leading importers remain Japan (26.9%), Canada (20.5%), and Germany (9...

$1–1.5 billion.

In March 2026, Russia nearly doubled passenger car imports from China year-on-year to $1.109 billion (+1.8x). Russia remains the largest importer of Chinese cars, ahead of Brazil ($913.3 million) and Belgium ($803 million).

If successful, the potential market for Russian exporters could expand to 2.5 billion consumers. Existing FTAs with Vietnam, Iran, Serbia, Indonesia, the UAE, and Mongolia already provide access to a market of over 700 million people.

If successful, the total market for Russian producers could expand to 2.5 billion consumers. Free trade agreements have already been signed with Vietnam, Iran, Serbia, Indonesia, the UAE, and Mongolia, providing access to a market of more than 700 million people.

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