The paper considers the problem of the usefulness of the geoeconomic approach in the studies of Russian foreign policy. It also draws attention to the specific features of Russian geoeconomics, which is an interesting research approach due to the attempt to combine elements of economics and political science. As for Russian foreign policy, the explanatory ability of geoeconomics arises from the fact that in the Russian version it has strong ties with geopolitics, which is still very popular in Russia. It is also due to the important role of the Russian state in many areas of social life and above all in the economy. The statist model of economy and the centralization of the Russian state make it somehow predestined to implement the rules of geoeconomics