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.
Food-grade wheat totaling 30,500 tonnes has been shipped for the first time to Venezuela from a Kaliningrad Region port, the press service of the regional department of the Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) has said. The shipment is further proof of Russia’s developing engagement with new emerging markets in Latin America. Specialists […]
Charter flights from Yuzhno-Sakhalinsk to Thailand will resume after a four-year break, as Russia’s Far East tourism reconnects with Southeast Asia. Tour operator Pegas Touristik together with the Russian regional Ikar airline will service the route to Thailand. Flights EO 3629/3630 will be operated on the Yuzhno-Sakhalinsk – Phuket – Yuzhno-Sakhalinsk route. Sakhalin is north […]
Russia’s Pivot to Asia has been discussing the use of different currencies in different ways since the United States threatened Chinese banks with sanctions. In addition to that issue, Russia also has problems balancing trade with India, which has skyrocketed with Delhi’s increasing purchases of Russia energy. However, bilateral trade isn’t that mature yet and […]
With Western nations increasingly making life difficult for Russian tourists, Russian nationals have been looking east for vacations, with Asia the main beneficiary. Russians for example are now the largest inbound tourist market for Sri Lanka. But other important destinations are also looking at expanding mutual tourism ties. Iran and Russia are also working together […]
Sri Lanka intends to formally seek membership of the BRICS group of nations, Janitha Abeywickrema Liyanage, the country’s ambassador to Russia announced today (April 24). She confirmed that “Sri Lanka is planning to join BRICS+” and expressed hope that accession would provide “an opportunity to ensure both transport and food security.” The BRICS group of […]
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Norilsk Nickel, the metals group controlled by Russia’s richest man Vladimir Potanin, will move some copper smelting production from its home country to China, as western sanctions restrict access to key pieces of equipment and cut profitability, the Financial Times reports. Potanin said that the mining major plans to relocate its copper smelting capacity at […]
The Russian container market grew 13% in the first quarter of 2024 compared to the same period last year, to 1.608 million twenty-foot equivalent units (TEU), Russia’s FESCO transport group has said. The figures are indicative of expanding import-export trade. Imports increased 10% to 706,000 TEU, and exports were up 13% to 436,000 TEU. Domestic […]
Iran could start accepting Russian MIR debit and credit cards within the next few months, the trade attaché from Tehran’s embassy in Moscow has stated. According to Mohsen Rahimi, work on preparing the necessary technical infrastructure is already underway, although implementing the system will take time. The move comes as Russia and Iran continue to […]
Meetings took place last Friday between Alexei Tsydenov, the Governor of the Russian Republic of Buryatia, Buyaagiiin Tulga, a Mongolian Minister and the Chairman of the National Committee for the Revival of Border Points. The meetings focused on improving cross-border connectivity as Mongolia is shortly to engage in a Free Trade Agreement with the Eurasian […]
It is not being mentioned in French media, however 2024 is proving to be a year where France is being effectively evicted from its African colonial ‘possessions’ and being replaced with rather stronger leaders, often supported by their military, who have increasingly turned to Russia for support. We have already commented on the position and […]
African countries have significantly boosted imports from Russia, in signs that the shift to trade development with the global south is having a profound effect on supply chains, trade flows and creating new opportunities. Africa outperformed Russia’s trade partners from the Americas – the United States, Canada, Mexico and Latin America. In 2023, the share […]
