Russia’s total trade reached about US$745 billion during 2025, also showcasing a significant, albeit shifting, trade surplus of about US$120 billion. In this section we cover all news concerning Russian trade developments, with Russian exporters increasingly reaching out into new markets on a global basis as it pivots away from the West. This is the definitive source on Russian trade. Get the latest data, analysis, and news on Russia’s import/export activities, trade agreements, and increasing commercial partnerships with the Global South.
Russia, China and 27 other global south countries have signed up to form the World Artificial Intelligence Cooperation Organization, with a mandate to strengthen international cooperation and global governance in artificial intelligence and share development expertise. We detail the members and examine the stated goals.
The Chinese government have threatened to retaliate if the United States imposes 100% tariffs on its exports as punishment for purchasing Russian crude oil. We examine the implications.
Russia and Egypt have agreed on the operational and management partner for the Russian Investment Zone at Port Said. Russia’s Crystal Fund will provide incentives for Russian manufacturers to establish operations in the zone, with the zone itself also tax and other benefits.
The Russian gold merchant MGKL is to establish an office in GIFT City, Gujarat, where they will provide automated terminals for contactless appraisal, purchase and sale of physical gold and silver, the first time such a service has been provided in the country.
Russia has reached an agreement with India concerning the use of the Northern Sea Route for maritime cargo. The NSR is a shorter route for Indian energy supplies than the Suez Canal.
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Despite European media stating the contrary, the Russian economy and foreign trade data improved during January-May 2026. We examine the data, look at the underlying reasons and provide the hard evidence that support the Russian statistics.
INNOPROM Russia has just concluded, showcasing the best of Russian innovation and technical expertise. With billions of dollars of agreements signed, it marks a strategic shift to exporting technologies as opposed to commodities.
Russia’s Sberbank has announced the launch of a 40 million outlet QR code payment system operational throughout Indonesia. The two countries have a Free Trade Agreement while destinations such as Bali are very popular with Russian tourists. The QR code system renders payment mechanisms such as SWIFT essentially obsolete.
India is to spend US$7.85 billion on upgrading its Russian-sourced military equipment, including tanks and related vehicles. Some of this is already made in India under licence from Russia.
The Russian Foreign Minister, Sergey Lavrov, has met with Burundi President Évariste Ndayishimiye, and Minister of Foreign Affairs, Édouard Bizimana. Discussions focused on nuclear energy projects, as well as education and trade development. Burundi is also currently the Chair of the African Union.
We examine the reality behind Russia’s energy shortages, the impact of Ukrainian attacks on its facilities, and how Russia’s logistics and production is changing to adapt to the short-term problems these have created. It is essential reading for anyone interested in the Russian domestic, import and export oil & gas sectors.
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