SCO & BRICS latest news and insights
By Rhod Mackenzie
The General Administration of Customs of the People's Republic of China reports that the volume of Chinese exports in May increased by 7.6% year-on-year, reaching $302.35 billion. Export growth accelerated from 1.5% in April to reach its highest level since January.
Imports in M...
By Rhod Mackenzie
Bloomberg economists estimate that Russia received almost 50% more from oil sales last spring than in May 2023. Oil-related taxes rose to 632.5 billion rubles ($7.1 billion). Total oil and gas revenues rose by 39% to 793.7 billion roubles in May. The calculations are based on da...
By Rhod Mackenzie
Moscow plans to build transport and logistics centres, industrial parks and other infrastructure in Africa, Southeast Asia and Latin America. In this way, Russia will begin to redirect its non-resource, non-energy exports to new markets, Izvestiya learned. The government intends...
The volume of Russian oil exports to India in April reached its highest level in the past nine months, according to the Indian Express newspaper, which cited analysts on Friday, 3 May. This figure reached 1.96 million barrels per day, which is 19% higher than the figures for March, as reported by RT...
Sakhalin-2 significantly increased its liquefied natural gas (LNG) exports to China in April, delivering a record 440 thousand tons, according to RBC, which cited data from the analytical company Kpler. This represents a 3.4-fold increase compared to March and a 39% year-on-year growth.
"Exports to...
Over the past 15 years, Russia has developed one of the world's most advanced pork industries, achieving self-sufficiency and becoming one of the top 5 global producers.
According to the source, Russia has created one of the most modern pork industries in the world, achieved self-sufficiency, enter...
