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.

July 3, 2026

Air Tanzania Launches Direct Moscow-Zanzibar Flights

Tanzanian Airlines have begun a regular Zanzibar-Moscow service designed to promote tourism and trade. The country is renowned for its spectacular beaches, safari’s and wildlife and is another exotic Russian tourism alternative to European destinations.

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July 1, 2026

Russia To Open Embassies In Another Four African Countries

The Russian Foreign Ministry has announced it is to open four new Embassies in Comoros, Gambia, Liberia and Togo in a mix of what will become tourism, trade and energy related diplomatic moves. Russia is aiming for 100% diplomatic coverage throughout the African continent by next year.

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July 1, 2026

VTB Looking Again At Iranian Banking Market

Russia’s VTB bank is once again looking at developing operations in Iran as the conflict situation begins to calm down. Bilateral trade exceeded US$5 billion last year and has grown in 2026 despite problems. VTB will be looking to finance part of that trade.

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June 30, 2026

Iraq Eyes BRICS Membership

The Iraq Ambassador to Russia, Dr. Abdul-Karim Hashim Mostafa has said it would be a ‘good idea’ for Iraq to join the BRICS, depending on the terms. Such a move would almost certainly face US opposition.

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