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.
New survey suggests Russian businesses are mainly bullish and sanctions are being overcome A new report by Yakov & Partners (previously McKinsey Russia) has stated that Russian businesses have successfully adapted to operating under Western sanctions, with 50% of Russian entrepreneurs noting an improvement in their business over the past six months. Looking ahead, 87% […]
Russian Foreign Minister Sergei Lavrov has been on a four-country tour on Africa this past few days, visiting Guinea, The Republic of Congo, Burkina Faso and Chad. Russia has also announced it is to open Embassies in Sierra Leone, Niger and South Sudan. We covered Lavrov’s visit and discussed Russia’s trade with each of these […]
The Russian President, Vladimir Putin is set to hold talks with the Bolivian President, Luis Arce on Thursday (June 6) in St. Petersburg. This will be the first direct meeting between the two. They will discuss various issues of further development of bilateral cooperation in all areas, including the economy, and foreign policy. The Kremlin […]
Russian President Vladimir Putin is set to hold discussions with Dilma Rousseff, the President of the New Development Bank (NDB) at the Konstantinovsky Palace in St. Petersburg on Thursday (June 6). The NDB is the multi-lateral financing vehicle for the BRICS group. While Russia is a major shareholder, it has not been able to participate […]
Russian President Vladimir Putin will meet with his Zimbabwean counterpart Emmerson Mnangagwa on Thursday (June 6) in St. Petersburg. The meeting will include one-on-one talks, followed by talks with an expanded circle of delegates. The Russian side will be represented by top diplomat Sergey Lavrov, Natural Resources and Environment Minister Alexander Kozlov, and Economic Development […]
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Sergey Lavrov, the Russian Foreign Minister, has been in discussions with Captain Ibrahim Traore, the Burkina Faso leader who took power in the country following a 2022 military coup. Meetings took place in the Burkina Faso capital Ouagadougou late on Tuesday (June 4). Diplomatic relations were established between the two countries in 1967, but Russia […]
Turkiye is to discuss BRICS membership next week. We detail Turkiye’s trade with the bloc. October 25 Update: Turkiye has now been granted ‘BRICS Partner’ status. See more here. Over the past two years, Turkiye’s trade figures with most of the eleven BRICS members have shown significant growth. Now, Turkish Foreign Minister Hakan Fidan has […]
The Russian Foreign Minister, Sergey Lavrov is expected in Chad this week as part of a 2024 African diplomatic tour. Lavrov is scheduled to meet with Mahamat Idriss Deby, the new President, who was sworn in on May 23 following his victory in the May 6 elections. This moment marked the country’s formal return to […]
The Russian Foreign Minister Sergey Lavrov has arrived in the Republic of Congo, where he will hold meetings with Sassou Nguessou, the President along with other leaders. Discussions are being held in Oyo city. This year marks the 60th anniversary since the establishment of diplomatic relations between Russia and the Republic of Congo, while Nguessou […]
Russia’s Foreign Minister Sergey Lavrov has arrived in Guinea, West Africa, where he will begin a new African tour. Lavrov is scheduled to meet with Mamady Doumbouya, the interim President since 2021. He came to power after a military coup, in similar circumstances to other recent activities in what were previously French colonies. Meetings will […]
Sergei Glazyev, the Minister for Integration and Macroeconomics of the Eurasian Economic Commission, the directing head of the Eurasian Economic Union (EAEU) has been attending the China Overseas Investment Fair, which was held on May 27-28 in Beijing. China has a non-preferential trade agreement with the EAEU, which means that tariff and duty rates between […]
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