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.
China-Russia bilateral trade grew by 15% in Q1 2026, with some surprising trade growth areas aside from oil and gas. In March alone, trade was up 20% on the same time last year. We identify the primary trade growth drivers and compare with previous years.
Russia’s Arnest Group have invested in a cosmetics production facility in Uzbekistan to develop additional Central Asian export markets for its products. The company is best known overseas for acquiring Unilever’s assets and brands when they exited the Russian market.
The latest Russia-Azerbaijan Intergovernmental Commission has been held in Zangilan, in the Azerbaijan’s Eastern Zangezur region, to inspire attention in developing the recent Armenian deposed area. Also discussed were connectivity issues with Iran’s Rascht-Astara railway, with construction currently suspended due to the Iran war.
Chinese investors have provided heavy duty equipment for expanding Russia’s Osterra Port near Khabarovsk in the Russian Far East. The port is a major gateway for Russian coal exports to the Asia Pacific.
The Russian and Algerian Foreign Ministers have met in Turkiye as both attended the Antalya Diplomacy Forum. Bilateral trade is currently running at about US$3 billion per annum, with targets made to reach US$10 billion by 2030.
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The Russian and Rwandan Foreign Ministers have met in Turkiye to better understand how to improve bilateral trade and investment. Rwanda is interested in nuclear power technology, while bilateral trade, while small, has been rapidly growing.
The Russian Deputy Prime Minister, Alexander Novak is visiting the Republic of the Congo, which is among the top ten in African oil reserves. We discuss bilateral trade and Russian investment into this key West African nation, which can also help power the Sahel region.
The Russian Ministry of Finance has stated it is looking at issuing Chinese Yuan-denominated bonds to replace expiring Euro-bonds and may do so as early as May. It is the latest in on-going, consistent moves to remove the US dollar and Euro from the Russian governments trade portfolio and replace them with alternative, mainly Asian currencies.
Despite reports to the contrary, the Armenian Prime Minister Nikol Pashinyan has addressed the Armenian Parliament this week and stated that relations with Russia were at their highest-ever level. While political differences remain, the two countries are closely intertwined in trade with Russia responsible for 37% of Armenian exports.
In this article we look at other global commodities that are produced in the Middle East and at how this conflict benefits the United States, as well as areas where Russia also stands to gain. We look at where shortages are likely to arise with the cost of resulting higher prices, and what this means for Europe in particular.
The Russian Foreign Minister, Sergey Lavrov, has visited Beijing and met with China’s President Xi Jinping and Foreign Minister Wang Yi. We deep dive the meetings, what was discussed and examine the near 15% Russia-China bilateral trade growth achieved in Q1 2026.
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