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 July 18, 2024

Russia – Kyrgyzstan Eurasian Development Agenda Puts Priority On Regional Trade

Sergey Glazyev, the Eurasian Economic Union Minister for Integration and Macroeconomics, has been taking part in the 11th Russian-Kyrgyz Interregional Conference in Krasnoyarsk. The event is annually attended by heads of regions, entrepreneurs, representatives of business development and support institutions of the countries of the Eurasian Economic Union (EAEU). These include Armenia, Belarus, Kazakhstan, Kyrgyzstan […]

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Featured July 17, 2024

Indian Exporters Want Greater Market Access in Russia

The Indian government is in discussions with Russia on easing non-tariff trade barriers, with the goal of boosting its exports to the country, Indian Commerce Secretary Sunil Barthwal has stated. The move comes after Russia-India trade has boomed in favour of Russian exports, but left Moscow with an over-abundance of Rupees in its capital account. […]

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July 17, 2024

Primorye Krai Targets US$11 Billion China Trade For 2024

The government authorities of Russia’s Primorye Krai region, which borders China and North Korea, aim to boost trade with China up to US$11 billion by the end of 2024. The statement comes as the region hosts a delegation for the facilitation of international trade from China’s northern Heilongjiang province, which shares a significant border with […]

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July 16, 2024

Russia Redefines Its Asia Strategy

Russia has redefined its Asia strategy. Here’s how it will work The most misguided way to develop Russian policy in Asia would be to focus it on interaction with regional institutions and platforms, ‘fraternal graveyards’ where individual expression is lost in the need for everyone to find a common denominator. This is all the more […]

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July 16, 2024

Cuba Attracts Record Numbers Of Russian Tourists With Arrivals Up 67%

Almost 113,000 Russian tourists visited Cuba in the first half of 2024, according to Cristina Leon Iznaga, a diplomat at the Cuban Embassy to Russia in Moscow. She said that Havana hopes that the figure will increase to 200,000 by the end of the year.  Iznaga said that “In January-June, Cuba was visited by 112,700 […]

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July 15, 2024

Russia’s Positive Trade Surplus Now Seventh Highest Globally

The World Bank has compiled a list of countries by the level of trade surplus by the end of 2023. In total, US$23.3 trillion worth of goods were exported worldwide, and US$22.9 trillion worth of goods were imported. The total surplus amounted to US$365 billion. In terms of the countries with the highest positive trade […]

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July 15, 2024

The Evolution, Difficulties & Opportunities Of Creating A BRICS Currency

Discussions concerning the development of a new, potential BRICS currency have been on-going for some time, yet have intensified in recent months due to several Heads of States meetings taking place that have actively discussed and committed research into the issue. A trend is emerging in the modern geopolitical landscape: large international associations such as […]

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