Russia imported about US$240 billion worth of goods in 2025, ranging from selected agricultural products, cars, machinery, electronics, and high-tech goods. The Russian consumer market is also changing in light of new preferences and tastes created by its move into new markets in Asia, Africa, the Middle East, and Latin America.
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Russia’s Deputy Prime Minister, Mikhail Mishuston, had met with the President of Turkmenistan, Serdar Berdimuhamedov, in Ashgabat to discuss significant bilateral trade and investment issues. Both are also attending the CIS Annual Heads of Government Meetings. Russia-Turkmenistan developments are being sped up due to the need to create alternative trade routes with Iran.
The Armenian Foreign Minister has firmly rebuffed European media claims that the country is looking to exit the Eurasian Economic Un ion and wants to join the EU. He stated that Armenia has no intention of taking such a step, that it is unconstitutional, and not on any development agenda. Armenia has no European border, while its trade with the EU is just 7.5% of its total compared to 38% with Russia.
The Russia’s Pivot To Asia detailed report on the full results of the Putin-Xi, China-Russia meetings in Beijing, complete with a thorough examination of the contents of the joint statement, signed agreements and complete analysis of China Russia developments as they happened.
Russia’s President Putin begins a State Visit to China today, just four days after US President Donald Trump did the same. We look at the different approaches between the US and Russian delegations, and provide a detailed overview of Russia-China economic development and trade ties – and what can be expected.
The BRICS Foreign Ministers have been meeting in New Delhi in arguably a more important event than Trump’s visit to China. We explore how Russia and India are remapping the Global South and are creating new energy supply chains, security alliances and trade corridors in mechanisms that will reshape international trade.
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Russian and Indonesian officials have met in Kazan to discuss energy shortages in the Global South, in addition to bilateral trade developments. Indonesia is ASEAN’s largest economy, a full member of BRICS and has a Free Trade Agreement with Russia via the Eurasian Economic Union.
Russian and Malaysian officials have met at the Islamic World Forum being held in Kazan. Russia’s agricultural exports are up 37% in January-April 2026 as the two sides discuss additional trade development.
The Presidents of Russia and Turkmenistan have held bilateral discussions concerning the strengthening of the strategic partnership and cooperation in the trade, economic sectors. This is almost certainly have involved the position as concerns Iran, with both Russia and Turkmenistan fellow Caspian states and able to assist Iran develop its northern coastline and logistics away from problems to the south and the Strait of Hormuz.
Russian imports of Azerbaijani fruit increased by 17.8% in 2025, while Russian exports of livestock also increased by 1.6 times in complimentary trade flows. Both Azerbaijan and Russia are memebrs of the Commonwealth of Independent States.
Russia’s bilateral trade has increased 2.6 times in 2M 2026, meaning it may exceed US$1 billion for the first time. Both imports from Afghanistan and exports to the country have both shown increases.
China’s talks with the United States will also impact Russia in terms of the decisions made and especially as concerns the situation in Iran, North Korea, and even China-US bilateral trade. We look at how the ‘Putin Component’ is likely to affect the bilateral relationship and affect Russian diplomacy and trade.
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