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 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 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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May 19, 2026

How Putin’s China State Visit Will Yield More Than Last Week’s Trump-China Summit: Developing Bilateral Trade & Investment On An Inclusive, Not Exclusive, Basis 

Russia’s President Putin begins a State Visit to China today, just four days after US President Donald Trump did the same. We look at the different approaches between the US and Russian delegations, and provide a detailed overview of Russia-China economic development and trade ties – and what can be expected.

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May 19, 2026

Russia To Expand Islamic Banking Services

Russia is to expand its Islamic Finance services sector based on the Bahrain model. Several Russian republics have significant Muslim populations, while the aim is also to attract Sharia-compliant inbound foreign investment into the Russian economy.

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