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 November 3, 2024

Saudi Arabia Gets Foothold Into Russia’s Agricultural Market

Saudi Arabia’s Salic (Saudi Agricultural & Livestock Investment) has gained control over several Russian agricultural assets through its purchase of Singapore’s Olam Agri, the Russian Union of Grain Exporters and Producers has said. The main asset is the Azov Grain Terminal. Eduard Zernin, the Union CEO, stated “Without exaggeration, this is a landmark deal which […]

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Featured November 2, 2024

Sri Lanka Considering Medical JV With Russia’s Binnopharm

Russia’s Binnopharm Group, owned by AFK Sistema, and members of a Sri Lankan delegation have been discussing options for interaction and international cooperation in the pharmaceutical sector. Binnopham produces around 300 pharmaceutical products and is a major antibiotics producer in Russia. Approximately 35% of its medicines are produced in a full cycle from the company’s […]

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November 2, 2024

Kazakhstan To Import 500,000 Tonnes of Bitumen From Russia

Kazakhstan plans to import 500,000 tonnes of bitumen from Russia this year and determine imports for 2025, according to the Kazakh Ministry of Energy. Bitumen is commonly used in the construction industry. The average price is about US$500 a tonne. Kazakhstan’s annual demand is about 1 million tonnes, with the country capable of producing 1.2 […]

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November 1, 2024

New Israel Port Haifa – Novorossiysk Shipping Service Launched

Russia’s multimodal transport operator Ruscon, part of the Delo Group, is launching a regular service for delivering consolidated cargo from Israel to Russia, the company has stated. Goods will be consolidated at warehousing in the Haifa Port, then shipped in large containers to Ruscon’s Delo Group’s marine terminal in Novorossiysk. Cargo will be deconsolidated at […]

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November 1, 2024

Russia’s 2024 IPO Market Booms With The Average 5 Times Over-Subscribed 

During this year, a long-awaited IPO boom has occurred in the Russian market. In less than a year, 14 new issuers placed their shares on the open market, and another began collecting applications — the best result since 2007. Driving this are institutional investors, but increasingly private investors are also now involved. For 2025, Russian […]

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November 1, 2024

Russia’s Globaltrans Delists From London, Relists In Astana 

The major Russian cargo carrier Globaltrans is to leave the London Stock Exchange (LSE) on November 22, and has already relisted in Astana, Kazakhstan. The company is one of Russia’s largest rail transport groups, and is focused exclusively on the freight logistics sector in Russia and the Commonwealth of Independent States (CIS), providing services for […]

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October 31, 2024

Iraq Interested In BRICS, Latest Russia-Iraq Trade and Investment Data

The Russian Ambassador to Iraq, Elbrus Kutrashev, has stated that the Iraqi government is interested in BRICS, but it is too early at present to talk about the country becoming a member. Speaking to Izvestia, he said “Russia is in fashion among Iraqis now. There are many who want to visit Russia for tourism or […]

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October 30, 2024

Russia – Cuba Livestock Trade

Russia has received the right to export livestock products to Cuba, in moves that should provide a boom for Russian exporters operating in this sector. The Russian Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) has been looking at developing foreign markets, and an audit of the Russian system for control and oversight of animal-origin […]

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October 30, 2024

Russia Plans To Increase Agricultural Exports To Thailand By 5 Times  

Russia has the potential to export more than US$210 million worth of agricultural products to Thailand per year by 2030, according to Dmitry Krasnov, the head of the Russian Ministry of Agriculture’s Agroexport Center. He was speaking at a business mission by Russian exporters to Thailand on Tuesday (October 28). Krasnov said that “At present, […]

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October 30, 2024

Russia – Kuwait Bilateral 2024 Relations: Update  

The Russian and Kuwaiti Foreign Ministers have met in Moscow, with Russia welcoming Kuwait’s growing interest in developing relations between the two countries, according to Russian Foreign Minister Sergey Lavrov following talks with Kuwaiti Foreign Minister Abdullah al-Yahya. Lavrov said “We have welcomed the growing interest of the governments, departments and business circles of the […]

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October 30, 2024

Russia – Tanzania 2024 Bilateral Relations: Update  

Russia and Tanzania are capable of doubling their trade, and Russian businesses display an interest in joint projects in energy, agriculture, infrastructure, and tourism, Russian Economic Development Minister Maxim Reshetnikov said while meeting with Tanzanian Prime Minister Kassim Majaliwa. A Russian delegation led by Reshetnikov arrived in Tanzania on Monday (October 28) to take part […]

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