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.
The Russian and Ghanian Foreign Ministers have met in Moscow, marking attempts by Moscow and Accra to turn rapidly expanding trade into a broader economic, investment, technological and security partnership. With bilateral trade expected to double in the coming five years, we deep dive the relationship and look at why Ghana hold so much promise for Russian activities in West Africa.
Russia and Vietnam have been engaging in numerous discussions and events over the past few months as they seek to double bilateral trade volumes to US$10 billion. We deep dive what has been discussed, development programmes and investments and how the two countries can realise their economic trade target ambitions.
Russia and the Maldives have been discussing improving the flight connectivity and supporting tourism infrastructure between the two countries. We examine the details and the likely developments and impact in this important bilateral tourism trade sector.
The Uzbek Minister of Agriculture has met with the Russian head of the Mordovia Republic, with both expressing desire to work together. The Uzbek Minister, Ibrokhim Abdurakhmonov, said that bilateral agricultural trade between Russia and Uzbekistan had grown by 31.7% In 7M 2026.
The President of Myanmar, Min Aung Hlaing has been visiting Moscow. He met with Russian President Vladimir Putin and numerous other senior government and business leaders. We deep dive the bilateral relationship, with current volumes at US$2 billion but plans to substantially increase this. We look at the massive Dawei Port development, the implications for ASEAN and India, as well as the bilateral trade opportunities and the hurdles to overcome.
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Russia has increased its exports of Pollock and other fish to the European Union to over a 50% share of the EU’s total imports. Several EU fish processing plants vetoed Brussels attempts to stop the trade, which forms a substantial part of Europe’s white fish consumption.
Russian exports of pork products to China look set to reach a record high this year with supplies up 28.9% in 7M 2026. China is the world’s largest consumer of pork with a whopping 42kg per capita demand annually. We examine the Russia-China export trends.
Both Russia’s inbound and outbound tourism sectors are booming despite Western sanctions designed to prevent it. Instead, the market has completely recalibrated. We deep dive what is happening in this important development sector and the economic impact and investments this is producing both in Russia and in overseas markets.
Russia’s VTB bank has rolled out a QR code payment system throughout Thailand, allowing its Russian clients to make instantaneous payments of up to US$1,3460 a time via selected outlets. With 2 million Russian tourists expected to visit Thailand this year, the system bypasses Western financial sanctions and gives back independence to both Thai retailers and Russian consumers.
The Russia -Thailand Joint Trade Commission has met in Moscow, with Thailand pushing hard for a Free Trade Agreement with the Eurasian Economic Union. We deep dive the bilateral relationship, in a complementary trade and services basket that could see their trade increase to US$5 billion by 2030.
Russia has increased its exports of agricultural produce to China by 34.4% this year, with China wanting to diversify supplies of critical imports such as soy beans, crucial for maintaining China’s massive livestock industry.
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