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 October 23, 2026

Russia, Turkmenistan Bilateral Update: October 2026 

The Russian Foreign Minister, Sergey Lavrov, held talks with Rashid Meredov, the Turkmenistan Deputy Prime Minister and Minister of Foreign Affairs. Turkmenistan is strategically positioned along the “Middle Corridor,” which serves as a crucial trade route between East and West and especially so given the developing INSTC routes between Russia, Iran and Central Asia via the Caspian Sea. We examine the latest bilateral trade and development issues.

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Featured October 22, 2026

Russia, China Bilateral Relations: October 2026 Update & Signed Agreements  

Russian Prime Minister Mikhail Mishustin and Chinese Premier Li Qiang have concluded the 31st regular meeting between the two countries’ heads of government by signing numerous trade and development agreements. These include the Power of Baikal pipeline, the Northern Sea Route, Food Security, other agricultural and forestry market access, as well as new impetus in joint education, artificial intelligence, biotechnology, and the digital economy.

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October 22, 2026

Russia’s Ural Airlines To Commence Yekterinberg-New Delhi Flights Three Times A Week

Russia’s Ural Airlines is to commence thrice-weekly, direct flights between Yekaterinburg and New Delhi from Sunday, October 25. Additional plans are being made to increase direct Russia-India weekly flights to various destinations from the current 15 to over 70 in the coming months due to business, investment and tourism demand.

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October 22, 2026

Shoigu: Russia, Oman Bilateral Trade The Highest In Ten Years

Russia’s trade with Oman is undergoing a substantial transformation due to an increasing INSTC interconnectivity, a more liberal regulatory and financial policy than the UAE, and the potential to reach out to other Middle Eastern, South Asian and East African export markets. We examine why bilateral trade is taking off and the underlying drivers.

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October 22, 2026

Russia’s Miratorg to Export Animal Feed to South Korea

Russia’s Miratorg Agro-Industrial Holding, one of the country’s leading agricultural conglomerates, has obtained the right to export its compound animal feed to South Korea. Most animal feed in South Korea is used to feed Pigs for local pork consumption, with the country keen to boost its own domestic supply of pork meat. South Korea is the world’s fifth largest consumer of pork.

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October 21, 2026

2026 DagAgroCaspian Forum: From Cucumbers, Greenhouses & Tractors: Targeting Dagestan’s Agricultural Technology and International Trade

The 2026 DagAgroCaspian Forum has just concluded in Dagestan, showcasing Russian and regional agricultural technologies and featuring participants from China, India, and the Middle East. Over 100 companies took part, showcasing a significant variety of agricultural equipment and produce, with the commercial proposition being the connection between agricultural growth and the equipment required to sustain it. We dig into the forum’s details.

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October 21, 2026

Russia, Bolivia 2026 Trade Dynamics: Explainer & Analysis

Bolivia’s trade with Russia is small, yet has potential. In this article we discuss the trade history, the main products in the bilateral portfolio and examine why the commercial picture remains erratic. However, with Bolivia recently joining Mercosur and becoming a BRICS partner, and Russia identifying Mercosur as a Foreign Trade Policy target, the bilateral trade picture could improve in the neat future.

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October 21, 2026

Eurasian Economic Union Drafts Up Report On Suspending Armenia’s Participation

The Supreme Eurasian Economic Council, the governing body for the Eurasian Economic Union, has compiled a report on Armenia’s potential departure from the bloc and moves to join the European Union. A decision whether to suspend Armenia from the EAEU will be made in December. We examine what the report states, the likely economic impact of an Armenian suspension, and what happens next.

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October 20, 2026

Russia, Iran Bilateral Relations: October 2026 Update

The Russian Foreign Minister, Prime and Deputy Prime Ministers have all held a series of meetings with senior Iranian officials including the President, and Foreign and Trade Ministers. We examine the security issues, two separate rail connectivity developments, nuclear energy, bilateral trade growth and where Iran is poised to fit into the Eurasian and African trade and supply chains. It is essential reading for anyone involved in Middle Eastern and Central Asian affairs.

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October 20, 2026

Russia, Saudi Arabia Bilateral Relations: October 2026 Update

The Russian Foreign Minister Sergey Lavrov has met with Faisal bin Farhan Al Saud, the Minister of Foreign Affairs of the Kingdom of Saudi Arabia. The Russia-Saudi partnership is becoming a central pillar of the wider BRICS + Middle Eastern-Eurasian integrated economic ecosystem and an anchor of what analysts increasingly describe as greater Eurasian-Middle Eastern comprehensive integration, a process that is destined to reshape global supply chains, investment flows, effective connectivity projects, and industrial cooperation patterns across the Global South. In 2025, bilateral trade exceeded US$4 billion, growing by 40%, while in Q1 2026, trade turnover also increased.

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October 20, 2026

Russia, Kuwait Bilateral Relations: October 2026 Update

The Russian Foreign Minister Sergey Lavrov has met with Jarrah Al Sabah, the Minister of Foreign Affairs of Kuwait. Russian companies are interested in opportunities in infrastructure development and real estate in Kuwait. Given global trends, Kuwaiti investors are exploring opportunities in Russia’s growing technology sector, including fintech, health tech, and e-commerce. Kuwaiti businesses are attracted to Russia’s oil and gas projects, including upstream exploration and development projects, considering Russia’s vast natural resources. Current Russia-Kuwait bilateral trade is valued at about US$1.7 billion, and grew significantly in both 2025 and 2026.

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