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.

Global South Trade
Featured September 23, 2026

Russia’s Trade With The Global South Hits US$299 Billion In H1 2026: Country By Country Analysis  

Russia’s trade with the Global South and ‘friendly’ countries now accounts for 85% of its total, reaching about US$299 billion in H1 2026. The West provides just 15% of Russia’s economic trade and continues to decline. We examine the main Global South trade partners in all regions, and provide the latest H1 2026 trade data. There are some surprising results for those who assume Russia only trades oil with China and India. The non-energy sector on a worldwide basis is increasingly dominant as Global South trade volumes continue a Russian growth trajectory.

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Hong Kong Economic
Featured September 23, 2026

Growing Russia-Hong Kong Economic Relations: From Trade & Investment to a Greater Bay Area Business Gateway

Hong Kong has just hosted a Russian business mission, with both local and Russian companies interacting to explore potential for local market and Greater Bay Area penetration for Russian products. Hong Kong is also well positioned to assist Russia exporters access markets in ASEAN. Current Russia-Hong Kong trade hit US$2 billion in H1 2026, while the SAR also providing non-cash financial services to Russian companies trading with China – Hong Kong has handled over 100 tonnes of Russian gold bullion destined for China this year.

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Mongolia Working
September 23, 2026

Russia, Mongolia Form Working Group To Examine Feasibility Of A Western Rail Corridor

Russian, Mongolian and Chinese officials have agreed to set up a working group to study the potential of a proposed Russia-Mongolia-China Western Railway Corridor that would link Russia’s Tuva region with Mongolia’s Uvs Province, and onto China’s Xinjiang Province in the countries Far West.
New railway construction is part of China’s latest 5 year development plan, while Mongolian President Ukhnaagiin Khurelsukh also discussed the project with Russian President Vladimir Putin during the SCO summit last month.

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Saudi Arabia
September 22, 2026

Saudi Arabia Approves More Russian Dairy Suppliers

Saudi Arabia has increased the number of approved Russian milk producers to 26 following increasing demand for quality dairy products. The Saudi dairy market is growing as consumers look for healthy lifestyles and has an expected CAGR annual growth rate of 4% between 2026 and 2034. Russia is the world’s fourth largest producer of dairy products.

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September 22, 2026

China Approves Imports Of Russian Mustard

Russia has begun exporting mustard powder to China, with the State watchdog giving approvals. The condiment is used in Chinese hors d’oeuvre as a hot sauce. Chinese demand exceeds domestic supplies with Russia now competing with producers from North America to gain a foothold in the Chinese market.

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Brazil Scooter
September 22, 2026

Russian EV Scooter Operator Expands Presence In Brazil

Russia’s E-Scooter Service ‘Whoosh’ has begun operations in two more cities in Brazil – Curitiba and Campos do Jordao. This brings the number of cities supplied by Whoosh in Brazil to seven. Whoosh has over 15,000 e-scooters in the country and is expanding elsewhere in Latin America.

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WorldFood Main
September 21, 2026

2026 WorldFood Moscow, St. Petersburg Global Fishery Forum & Seafood Expo: Russia Builds A New Food and Fisheries Trade Network Across Asia, Africa, Latin America, and the Global South

The WorldFood and Russian Sea Food Expos have been taking place in Moscow and St. Petersburg with significant trade delegations attending from China, India, ASEAN, Brazil, Egypt and the Middle East as well as most of the Global South nations. We discuss in considerable detail how Russia’s agricultural trade is interacting with these international markets in both exports and imports, within an industrial sector whose output is measured in the trillions of dollars.

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Aeroflot Purchases
September 21, 2026

Aeroflot Purchases Another 90 MC-21 Passenger Aircraft

Aeroflot has placed another order of 90 MC-21 passenger aircraft from UAC, to be delivered between 2029 and 2032. The aircraft is wholly Russian manufactured, and is designed to carry up to 211 passengers. The order basically means that Aeroflot will have replaced nearly its entire fleet of the 170 Airbus and Boeing aircraft it previously operated or purchased from the EU and the United States.

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