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 September 24, 2026

The Eurasian Economic Union & The Shanghai Cooperation Organisation’s 2027-2030 Action Plan: Content & Analysis

The Eurasian Economic Union and the Shanghai Cooperation Organisation have agreed a Joint Action Plan to cover the period 2027-2030. This covers important trade development areas including digitalization, information and communication technologies, customs regulation, agro-industry, food security, sanitary and phytosanitary measures, consumer protection, green-economy issues and information exchange. We deep dive the contents to explain exactly what this means and the impact on EAEU and SCO members.

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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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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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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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September 23, 2026

Kyrgyzstan Looks For Agricultural Processing Opportunities From Russian Investors

Kyrgyzstan is looking for more cooperation with Russian investors in food processing in order to add value rather than just import and export raw products. The Kyrgyz Deputy Prime Minister, Erlist Akunbekov, and Russian Deputy Prime Minister Dmitry Patrushev have also agreed to work out roadmaps for joint fisheries projects.

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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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