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 4, 2024

Azerbaijan States Intention To Join BRICS

The Pro-Russia BRICS bloc has soft power control over the Caspian and Red Sea supply chains  Azerbaijan, which has been attending the annual Heads of State meetings of the Shanghai Cooperation Organisation (SCO) in Astana has expressed interest in joining the BRICS grouping.  The BRICS includes Brazil, Russia, India, China and South Africa, while Egypt, […]

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Featured July 4, 2024

Russia, Turkiye Plan To Increase Bilateral Trade To US$100 Billion

The Russian President Vladimir Putin has met with Turkish President Recep Erdogan in Astana on the sidelines of the Shanghai Cooperation Organisation annual Heads of State meetings, with both sides also engaging in trade development talks. Current bilateral trade is running at about US$55 billion, with Alexei Yerkov, the Russian Ambassador to Turkiye, also present […]

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July 4, 2024

Shanghai Cooperation Organisation Heads Of State Meetings Begin In Astana

Putin, Xi, Modi and other regional leaders are all attending The annual Heads of State meetings of the member countries of the Shanghai Cooperation Organisation (SCO) has begun in Astana, Kazakhstan. The SCO has different categories of membership, with full members being China, India, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Russia Tajikistan and Uzbekistan. Three countries — […]

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July 2, 2024

First Belarus-Chinese JV Autos Arrive In Russia

The first batch of Belarusian-built VGV SUZ crossover vehicles have been delivered to Russia, representatives of VGV have stated. “The first batch of VGV crossovers has arrived in Russia, the cars have passed customs clearance. This stage was the final one before the mass deliveries of cars to Russia. These VGV crossovers have undergone a […]

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July 1, 2024

Yakutia To Revive Skovorodino Railway With Connections Through To North China 

Yakutia Railways has proposed the restoration of the Skovorodino – Reinovo railway, which would connect with the Russian Railways network and the Russia-China border crossing at Dzhalinda and Mohe in China’s Heilongjiang Province. That in turn links directly to the provincial capital Harbin, with onward links to Beijing and the Chinese national rail system. Mohe […]

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July 1, 2024

Russia’s Total Export Values Increased After The West Imposed Sanctions

Government fiscal income revenues from Russian imports will have declined in the West and increased in the East by tens of billions of dollars   Russia’s exports actually increased by US$31 billion after the West imposed trade sanctions, according to open-source intelligence calculated by Sputnik, itself based on data from Russia’s Federal Customs Service. While […]

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June 30, 2024

Russia Signs Sakhalin Pipeline Deal To Supply China

Despite Western media Gazprom rhetoric, Russia Is To Become China’s Largest LNG Supplier Just a month after Western media took aim at Russia for not being able to reach agreement with China on increased gas supplies, Russia has announced that supplies of Russian gas to China via the Far Eastern route will start in 2027. […]

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June 30, 2024

Congo Keen To Join BRICS

Denis Sassou Nguesso, the President of the Congo, has met with Russian President Vladimir Putin in Moscow, where Nguesso expressed his country’s interest in becoming a member of BRICS. Nguesso stressed that the African country is interested in developing ties with the bloc, and said “I’ve heard about the BRICS+ format. So, if all these […]

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June 29, 2024

The Impact Of Russia Downgrading Its Relations With The West

The United States and United Kingdom have much to lose if the Kremlin downgrades relations. The Kremlin said on Thursday (June 27) that Russia is considering a possible downgrading of diplomatic relations with the West due to the deeper involvement of the United States and its allies in the Ukraine war, though no decision has […]

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