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.

August 5, 2026

OPEC, Russia, Agree To Increase Oil Production

The OPEC Plus Alliance, which includes Russia, is to increase oil production from next month and is negotiating output for 2027. Disruptions caused by conflicts, sanctions and tariff threats have destabilised the market amid increasing energy demand. We also discuss what this means for Europe.

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August 4, 2026

Indian Purchases Of Russian Oil Hit A New Record High In July

India imported a new record amount of Russian crude oil in July, defying US sanctions and tariffs threats. The United States has threatened 100% tariffs on imports from countries buying Russian oil, but the strategic and economic dynamics suggest this is unlikely to happen. We examine why.

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August 1, 2026

Russia Proposes Payment For Bangladesh Trade Settlements In Indian Rupees

Bangladesh runs a substantial Rupee trade deficit with India, but doesn’t trade such huge amounts with Russia. Consequently, to get around the Bangladesh-Russia trade imbalance and mitigate against threatened US sanctions on Dhaka, the two sides are discussing the use of Indian Rupees rather than the Bangladesh Taka to settle their mutual trade volumes of about US$2 billion per annum.

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August 1, 2026

Qatar, Russia, To Further Develop Energy Cooperation

The Emir of Qatar, Sheikh Tamim bin Hamad Al-Thani, has met with Rosneft CEO Igor Sechin to discuss cooperation in energy and ways to develop this. Qatar owns 18.93 % of Rosneft while Russia and Qatar and amongst the worlds leading LNG exporters. Future Joint Ventures and investments can be expected by both parties.

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July 31, 2026

Guinea-Bissau: Russia’s Emerging Atlantic Gateway to West Africa

The Russian Foreign Minister, Sergey Lavrov, recently met with Guinea-Bissau’s Foreign Minister Fatumata Jau in Moscow. Although the current bilateral trade dynamics are modest, Guinea-Bissau is strategically positioned on West Africa’s Atlantic coast and could be developed as a Russian gateway into African and Asian export markets. We provide a comprehensive overview of how this could emerge.

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July 30, 2026

Russia, Brazil Bilateral Relations & Trade: July 2026 Update

Russia’s Foreign Minister, Sergey Lavrov, has met with Mauro Vieira, the Brazilian Minister of Foreign Affairs. With bilateral trade currently growing at more than 6% per annum, we examine the main trade aspects in energy, rare earths, agriculture, and the overall bilateral dynamics.

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