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.
Russia intends to introduce wool auctions and include wool among exchange-traded commodities to regulate and structure this market segment, according to Kseniya Bobyleva, deputy director of the Department of Light Industry and the Timber Complex at the Russian Ministry of Trade and Industry. She was speaking at the 25th Russian Exhibition of Pedigree Sheep and […]
Russia’s FESCO shipping has completed its first direct ship call to Ho Chi Minh City, on Vietnam’s east coast. The service operates on FESCO’s Baltorient Line (FBOL) service, which takes in St. Petersburg, as well as ports in India and China. The transit time from St. Peterburg to Ho Chi Minh City is about 34 […]
The Russian Foreign Minister, Sergey Lavrov, has given an interesting speech and held a Q&A session with the Diplomatic Club in Moscow, which includes attendees from the Russian Foreign Ministry academy, Russian Regional Governors, and Foreign Ambassadors. The event was the first to be held since the covid pandemic. In a wide ranging presentation, Lavrov […]
The Russian President, Vladimir Putin, has invited all Heads of State and the Secretary General of the Arab League for the first Russia-Arab summit on October 15, according to a statement from the Kremlin. Putin has stated that “I am confident that this meeting will contribute to the further strengthening of mutually beneficial, multifaceted cooperation […]
This past May 16, 2025 in the town of Suifenhe, Heilongjiang Province, China, the Russian Export Center (REC) jointly with Chinese partners opened the first warehouse distribution center under the “Made in Russia” brand. The total area of the warehouse distribution center in Suifenhe is 4,600 sq. m. The warehouse already stores more than 900 […]
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Dubai has been building its crypto credentials for several years and sees itself as a Middle East crypto hub. In March 2022, it established VARA, calling it the world’s first independent crypto regulator, and has awarded licenses to exchanges including Binance and OKX. It also initiated a metaverse strategy aiming to attract 1,000 metaverse and […]
Russian businesses are increasingly interested in Oman as a business jurisdiction than the traditionally popular United Arab Emirates, whose status as the Middle East’s standard hub for registering companies and conducting settlements could be at risk from a tightening of Western regulatory requirements and sanctions compliance. More frequent requests are being seen to register companies, […]
The XVI International Economic Forum “Russia – the Islamic World: KazanForum” is taking place from May 13 to May 18 in Kazan. The main theme of the forum in 2025 is “Digitalization: a new reality and additional opportunities for expanding cooperation.” Several thousand people taking part representing over 100 countries. To put it in a […]
Russia boosted exports of agricultural products to the United Arab Emirates 26% year-on-year to over 290,000 tons in the first quarter of 2025, the Agriculture Ministry’s Agroexport center said, citing preliminary expert estimates. Russia increased shipments of dairy products the most at 7.7-fold to 54 tons from 7 tons, with ice cream exports accounting for […]
The 15th meeting of the Intergovernmental Russian-Egyptian Commission on Trade, Economic, Scientific and Technical Cooperation was held in Moscow on 14 May. It was held by Anton Alikhanov, Head of the Ministry of Industry and Trade of the Russian Federation, and Hassan Al-Khatib, Minister of Investment and Foreign Trade of the Arab Republic of Egypt. […]
Malaysian Prime Minister Anwar Ibrahim arrived in Russia Tuesday May 13th on a four-day visit at the invitation of Russian President Vladimir Putin. He stayed in Moscow from Tuesday to Thursday, and will travel to attend the Russia – Islamic World: KazanForum international economic forum in Kazan on Thursday and Friday. While in Moscow, Ibrahim […]
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