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 15, 2024

Shanghai Cooperation Organisation Prime Ministers Council Meeting Begins In Pakistan 

The Meeting of Council of Prime Ministers of SCO Member States has begun in Pakistan, with Russia represented by Prime Minister Mikhail Mishustin. The SCO includes full members Belarus, China, India, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan and Uzbekistan.  Dialogue partners include Afghanistan and Mongolia, while Armenia, Azerbaijan, Bahrain, Cambodia,  Egypt, Kuwait, Maldives, Myanmar, Nepal, […]

Read full article →
Featured October 15, 2024

Zimbabwe Academic Compares IMF With BRICS Bank

Kudzai Dominic Chiwenga, an associate professor at the University of Zimbabwe, has spoken about currency strategies and compared the World Banks ‘International Monetary Fund’ (IMF) with the BRICS New Development Bank (NDB). The NDB, he has said, provides more flexible and supportive terms than the IMF. Chiwenga, who is also the Chairman of the Zimbabwe-Russia […]

Read full article →
October 14, 2024

Russian and Chinese Defence Ministers Meet in Beijing: Implications for Asia

The Russian Defence Minister, Andrei Belousov, has met with Dong Jun, his Chinese counterpart, in Beijing on Monday (October 14). The meeting comes two days after the culmination of the East Asia Summit which China, Russia, and the United States all participated in together with numerous Asian countries. Russia has expressed immediate alarm about American […]

Read more →
October 14, 2024

Russian Remarks At The Conclusion Of The East Asia Summit: Q&A and Analysis

Russia has been participating in the annual East Asia Summit in Vientiane, Laos, with Russian Foreign Minister Sergey Lavrov representing the Russian Federation. Other attendees included all the ASEAN nations (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam) together with Australia, Japan, South Korea, the European Union and the United States.  The […]

Read more →
October 14, 2024

Russia – Vietnam 2024 Bilateral Trade Relations: Update

Russia’s Foreign Minister Sergey Lavrov has met with Bui Thanh Son, Vietnams’ Foreign Minister, on the sidelines of the 19th East Asia Summit. Vietnam is a member of ASEAN and has a Free Trade Agreement with Russia via the Eurasian Economic Union. Vietnam’s foreign policy is based on balancing which allows it to maintain room […]

Read more →

Stay Ahead of Global Developments

Subscribe to receive exclusive insights and analysis on Trade.

October 13, 2024

Putin Meets With Iranian President Pezeshkian; Discusses Security, Trade and Strategic Partnership Agreement

Russian President Vladimir Putin met with his Iranian counterpart Masoud Pezeshkian in Ashgabat. Their first face-to-face meeting since Pezeshkian was elected President of Iran in July, although they had telephone conversations during this time. The talks come at a key time for Middle-Eastern relations, with Israel expanding its military aggression, Yemen attacking Western shipping in […]

Read more →
October 12, 2024

Russia-Turkmenistan 2024 Bilateral Relations – Update

Russian President Vladimir Putin held talks with the Chairman of the Khalk Maslakhaty (People’s Council) of Turkmenistan, and the countries former President, Gurbanguly Berdimuhamedov in Ashgabat on Friday (October 11). “Strategic partnership relations are developing successfully between Russia and Turkmenistan, and this is largely due to your efforts, as you have laid the foundations of […]

Read more →
October 11, 2024

Russia – East Asia 2024 Multilateral Relations – Update

The Russian Foreign Minister, Sergey Lavrov, has been in Laos, attending meetings of the East Asia Summit, which included 18 partners, including Russia, being the United States, the European Union, Japan, Australia, South Korea, India and China, and the members of ASEAN. This also includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and […]

Read more →
October 11, 2024

Russia To Award Icebreaker Ship Building Contracts To India

Indian media is reporting that two of the country’s shipyards will work on building four non-nuclear icebreaking ships for Rosatom, with the likely contact set to go to Gujarat shipyards – Indian Prime Minister Modi’s home region. New Delhi is already considering one state-owned and one private shipbuilder for the plan, while  reports state that […]

Read more →
October 10, 2024

Meeting of the Heads of State of the Commonwealth of Independent States

On October 8, the heads of the Commonwealth of Independent States (CIS), currently chaired by Russia, met in Moscow . The leaders of Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Turkmenistan and Uzbekistan are taking part in it. There is a Free Trade Agreement between CIS member countries, but the CIS FTA differs from the […]

Read more →