Trade News & Analysis

Trade

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.

Oil Up
Featured March 31, 2026

Russia Not To Supply Any Oil To Countries Imposing Price Caps

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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Saudi Expertise
Featured March 30, 2026

New Multi-Modal Supply Chain Development: Russian Expertise In Saudi Arabia

Russian logistics operators and shipping companies have found themselves in demand in Saudi Arabia due to their expertise in developing new supply chain routes in the wake of sanctions and handling regional conflicts. With the Strait of Hormuz remaining closed for Saudi exports, Russian and Saudi logistics professionals have been working the problem and coming up with creative solutions. It is a trend likely to impact future supply chains in the Middle East, Eurasia, Southeast Asia and Africa.

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Vietnam LNG
March 28, 2026

Russia’s Novatek To Supply LNG To Vietnam

Russia’s Novatek is to supply LNG to Vietnam with initial deliveries of 1 million tonnes. The two sides are also looking at collaborating in numerous other energy fields as Asian supply chains add alternatives to relying wholly on Middle East resources.

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Turkmenistan Ozon Opens
March 28, 2026

Russia’s Ozon Opens In Turkmenistan 

Russia’s Ozon online marketplace has entered Turkmenistan and has partnered with the national postal service to arrange deliveries. Ozon is one of Russia’s largest and pioneering e-commerce companies, often referred to as the “Amazon of Russia”, offering millions of products across multiple categories and sustaining a wide logistics and delivery network. It has had significant growth in Central Asia in recent years.

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Kazakh trade
March 27, 2026

Russia-Kazakh Trade Turnover At US$30 Billion, Ahead Of Schedule 

The Russian Prime Minister Mikhail Mishustin has met with Kazakh President Kassym-Jomart Tokayev in Shymkent to attend a Eurasian Economic Union Intergovernmental Commission. Russia-Kazakh bilateral trade has reached nearly US$30 billion, ahead of schedule, while Russian investment in Kazakhstan has reached US$50 billion. The two countries collaborate in energy, agricultural and numerous engineering sectors.

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