Georgia to increase wine export to $1 bln
Georgia plans to increase export of wine and other alcohol to $1 bln in 7 years with the help of new Investments in production and promotion
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Russia remains leader in non-oil imports from Azerbaijan
Russia, Türkiye and Georgia became the leaders in the import of Azerbaijani products of the non-oil sector. Russia purchased Azerbaijani goods worth over $148 million in June.
Iran increases its exports
Iranian exports increased by almost 10%, reaching over $53 billion. The country held 23 meetings with partners on bilateral cooperation during the Iranian calendar year.
Hazelnuts from Georgia to rise in price
Georgian hazelnuts will increase in price this year. The reason for the rise in prices for hazelnuts will be the increased quality of the product.
Oil, gas, flour: what does Georgia import from Russia?
Russia and Georgia have increased trade by almost a quarter since the beginning of 2023. The export of Georgian goods to Russia has also grown by more than 25%, Georgia supplies water, wine and cars. Russia sells oil, gas and flour.
Russia's oil export duty to rise by 25%
Russia's export duty on oil will rise by $4.5 to $21.4 per tonne beginning on September 1, 2023, according to the Russian Finance Ministry. The government plans to increase the oil export duty next month, up by a …
Russia returns infected peaches to Türkiye
A ship with contaminated peaches and nectarines from Türkiye has arrived at the Black Sea port of the Russian Federation. Rosselkhoznadzor decided to return the goods to the supplier.
Moscow region to export fish and caviar to Azerbaijan
A Moscow region company will export fish and caviar to Azerbaijan. The contract was signed for $200,000.
Russia and Africa increase trade turnover to $18 billion
Last year, Russia’s trade turnover with the African countries increased to almost $18 billion, Russian President Vladimir Putin wrote in his article, "Russia and Africa: Joining Efforts for Peace, Progress and a Successful …
Kazakhstan to transport gas from Russia to Uzbekistan in October
The Russian gas exports to Uzbekistan will start in October. The gas will go in transit through Kazakhstan, where a gas pipeline is being prepared for this.
Uzbekistan increased sweet cherries export by 60%
Uzbekistan has already earned almost $39 million from the cherries export in 2023. The sale of cherries abroad has increased by 60% this year.
Azerbaijan increases export potential
Azerbaijan's export potential has increased 5-6 times in recent years. Today, the necessary atmosphere has been created in the country for the inflow of investments and the implementation of socio-economic policy.
Russia cuts oil exports
Alexander Novak announced the reduction of Russian oil exports on a voluntary basis. According to him, it will be done to balance the oil market.
Why won't Georgia join sanctions against Russia?
Trade turnover between Georgia and Russia exceeded $1.1 bln in the first five months of 2023, up by 38.4% year-on-year, according to data released by the National Statistics Service of Georgia. With Russia being Georgia’s …
Russia increases imports of Turkish fruits and vegetables
In May, Russia remained the main importer of fruits and vegetables from Türkiye. In May, the export of Turkish goods increased by 7%. Ukraine and Romania also buy vegetables and fruits.
Russia-Georgia trade trends
Since the beginning of the year Russia-Georgia trade has increased by more than 50% compared to the data for the same period in 2021. In January-April, the trade turnover between the two countries amounted to $848.5 million, it …
Georgia to increase wine exports to Russia
Georgian wine producers increased their exports to Russia by 55% from January to April 2023
Armenian cognac may leave Russian market
The products of the Yerevan Brandy Factory will most likely no longer be supplied to Russia
Türkiye to sell up to 40% of gas to Europe through gas hub
Türkiye expects to sell gas to European countries, export volumes will amount to 40 billion cubic meters per year. Sales will go through the gas hub.
Russia becomes main importer of Turkish citrus fruits
In the first three months of this year, citrus exports from Türkiye increased by 12% and amounted to $351 million. Russia, Ukraine and Poland became the main importers of Turkish fruits.
