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.

Featured May 24, 2026

Russia, India, Sign Significant Rare Earths Development Agreements

Russia and India have signed important rare earth development agreements at the RedMet 2026 congress in Moscow. These focus on the development of rare earth magnets, a crucial part of the global new-tech industry with applications in computing, smart phones, electric batteries and beyond. Both Russia and India have significant rare earth reserves, as does China, Kazakhstan, Vietnam and Brazil.

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May 23, 2026

Russia, Turkmenistan Discuss Bilateral Trade

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.

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May 23, 2026

Russia, Vietnam Sign Maritime Cooperation Agreements, Including Arctic Use

Russia and Vietnam have signed a maritime agreement to 2030 that includes cooperation in naval activity, shipbuilding, ship repairs, and maritime personnel training, as well as the joint use of the Trans-Arctic Transport Corridor. It will compliment Russia’s expanding developments into Asian shipbuilding and repair investments throughout the region.

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May 22, 2026

Armenia Has “No Plans” To Exit The Eurasian Economic Union

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.

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