Russia’s exports in 2025 were characterized by shifts in energy trade, increased reliance on Asian buyers and stable, high-demand grain exports, with overall trade figures showing resilience, especially in non-oil/gas sectors, while adapting to new market dynamics. Key trends include exports of crude oil, fertilizers, and grain exports exceeding forecasts. Source products from Russia with confidence. Get insights into Russia’s key export industries, trade finance, and logistics. Essential for importers and businesses building a Russian supply chain.
Russia’s TVEL, a subsidiary of Rosatom, has begun delivering nuclear fuel to China’s Xudabao Nuclear Power Plant in Liaoning Province, while also starting work at China’s Tianwan Nuclear Power Plant in China’s Jiangsu Province. Similar operations are expected to take place this year in Bangladesh and Turkiye.
Russia’s Wildberries has just begun promoting Ethiopian products for sale on its Russian market platforms. Products such as coffee, tea and flowers are beginning to become popular with Russian consumers. Russian products will be available on Ethiopian online markets later in the year.
Russia and Pakistan have commenced discussions concerning a Pakistan-Eurasian Economic Union Free Trade Agreement. Pakistan has an economy worth over US$2 trillion and a consumer market of over 250 million people. Moscow see Pakistan as a promising partner in the region with significant potential for growth.
Sri Lanka has begun purchasing oil from Russia after supplies from its normal Middle East suppliers were disrupted a month ago. The price of fuel has rocketed and shortages have been affecting many aspects of local life and services. The first shipments are due to arrive at the end of this month.
Russia is set to resume its tourist trade with Venezuela after the countries President Maduro was abducted by US forces in January. The local situation appears to have returned to some normality with the resumption of direct flights between Moscow and Isla Marguerita now under discussion.
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Russia has stepped up diplomatic and energy supply chain developments this past month with visits to India, Bangladesh and Sri Lanka, while Pakistan and Afghanistan, both bordering Iran, are also developing as key links in new emerging South Asian oil and gas infrastructure and architecture. We examine what is happening in a region that Russia is almost right in the centre of as regards energy security and future supplies.
Russia’s Deputy Head of the Russian Presidential Administration, Maxim Oreshkin, has stated that Russia’s foreign trade has increased, not decreased since western sanctions were imposed on the country in 2022. We crunch the numbers to look at what has changed and where Russian exports markets have declined, increased, and in which commodities.
Armenia is negotiating with Russia over the construction of a second Nuclear Power Plant. Armenia’s existing NPP dates back to the Soviet era, while Armenia looks to secure future energy supplies. Yerevan however appears intent on driving a hard bargain.
The latest Russia-Cuba Intergovernmental meeting has just taken place in Moscow, with some 90 Russian companies expressing interest in providing agricultural exports and investments into the country. Pork and flour supplies are especially needed with these a staple of Cuban cuisine.
Russia’s Transmashholdings, the countries largest manufacturer of railway locomotives and carriages, is eying the Vietnamese market as several Vietnamese city projects are being put into practice including new underground Metro and regular overland rail services.
The Russian Deputy Foreign Minister Andrey Rudenko has stated that Russia will not export oil to any countries imposing a price cap. This affects all the G7 nations including the European Union, who have imposed price caps at US$45 a barrel for Russian fuel oil. However, volatility created by the conflict in Iran has seen prices fluctuate between US$75 to above US$100 a barrel while Russia has shifted its energy export priorities to markets in Asia. JP Morgan analysts suggest the price could reach US$150 a barrel if the Strait of Hormuz is not reopened soon.
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