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 March 11, 2026

China’s 2026-2030 Development Budget To Purchase More LNG From Russia

A study of the Chinese National People’s Congress 2026-30 budget, just released, reveals that China intends to fast-track the Power of Siberia 2 pipeline from Russia and expedite increasing LNG supplies as soon as possible. The move comes as a stabilizing factor in China’s energy security as they look for alternatives to supplies from the Middle East. This will likely mean that Russia will replace Qatar as China’s primary LNG source.

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Featured March 11, 2026

India Immediately Increases Purchases Of Russian Oil 

India has begun immediate imports of Russian crude as it gains secondary tariff exemptions from Washington. India’s growth is a major global economic driver and without it, Western economies will feel even more fiscal pressure. India and the United States signed a trade agreement last month as Washington looks to increase its India supply chains as it diminishes its Chinese ties and cannot afford to have both economies stalling at the same time.

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March 11, 2026

Georgia Illustrates Caucasian Resolve By Increasing Russian Fuel Supplies

Georgia, like several other Caucasus and Eurasian countries, has evaluated its energy security in the wake of the Iranian conflict and is to increase supplies of fuel from Russia. Their situation is vastly different from Europe which is cut off from Middle Eastern supplies, is politically estranged from Russia and is coming under increasing Ukrainian supply chain chokeholds as Kiev wields economic leverage over the EU and is capable of causing immense political support damage.

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March 10, 2026

Russian Commodity Gains & Losses As A Result Of The Iran War  

The media coverage of the spill-over consequences of the military conflict in the Middle East has concentrated on energy shortages, and especially in the immediate region and Europe. However, there are numerous other commodities impacted as well. In this article we describe the benefits and problems this has brought to Russia – and other Eurasian and global actors. We discuss these in detail.

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March 6, 2026

Sri Lanka Eyes BRICS

Sri Lanka has stated it is interested in joining the BRICS group as views it ‘as a platform to spur its economic growth.’
Neighbouring India is the 2026 BRICS chair and will host annual BRICS summit in late summer. It is possible Sri Lanka could be invited to become a partner nation.

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March 6, 2026

Russia, Central African Republic Bilateral Relations: March 2026 Update

Russia’s President Putin has met with the Central African Republic President Faustin-Archange Touadera in Moscow. The two sides discussed bilateral cooperation, including security, economic ties, and humanitarian issues, also signing an agreement to establish an Intergovernmental Commission for Trade, Economic, Scientific, and Technical Cooperation.

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March 5, 2026

Armenia Looking For Buyers For Russian-Invested South Caucasus Railway

Russian Railways holds the concession for the Armenian South Caucasus Railway, however due to geopolitical differences between Armenia, Azerbaijan and Turkiye, large parts of the track have fallen into disrepair. Armenia wants Russian railways to pay for its restoration and then exit the project as Russian Railways are sanctioned and Yerevan says this is damaging its national transit trade potential as it geopolitical relations have now improved.

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March 4, 2026

Russia Coordinates Global Energy Supplies & Security In The Middle East

Russia’s President and Foreign Minister have conducted twelve high Ministerial level discussions over the few days with regional Middle Eastern players, and another four with other global actors. In constrast, the United States and European Union have held none. We discuss what was said, the emerging global south position, and international diplomatic efforts at the United Nations.

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