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.
In further signs that the Europe-Africa dynamics are changing, Mali, which has recently cancelled colonial-era agreements with France, has said that the country is interested in using Russia’s MIR payments system. Badra Alou Coulibaly, the West African nation’s general controller of public services, said that the move will strengthen the existing “significant level” of cooperation […]
Despite Western sanctions on Russia and the threat of sanctions being levied upon several Central Asian countries, industrial production in the Eurasian Economic Union (EAEU) increased by 6.6% in January-February of this year, the press service of the Eurasian Economic Commission (EEC) reported on Tuesday. The ECC is the management board of the EAEU. Industrial […]
Russia’s MTS Bank, the fintech arm of Russia’s leading mobile phone operator MTS, has announced plans to carry out an initial public offering of its common shares on the Moscow Stock Exchange. Investors will be offered newly issued shares, with the proceeds from the IPO used to implement the bank’s growth strategy and further scale […]
The auto fleet servicing subsidiary of Russian carsharing service Delimobil , Smart Mobility Management LLC (SMM) opened an office in China this year for direct purchases of spare parts, the company reported in notes to its financial statements for 2023. The office was opened in Shanghai to “look for new counterparties, partners, investors and establish […]
Russian Foreign Minister Sergei Lavrov completed a two-day visit to Beijing on Tuesday, where he met both Chinese Foreign Minister Wang Yi and President Xi Jinping. In many ways, his trip was preparation for the visit of Russian President Vladimir Putin to China, whose plans were confirmed by the Kremlin on the same day. During […]
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Update: April 13, 2024: French Foreign Legion arrives in Ukraine The first group of French Foreign Legion mercenaries have arrived at the Ukrainian military HQ in Slavyansk in Donetsk, according to the Telegram channel Military Chronicle. An initial group of 100 soldiers have arrived in the city, which is controlled by Kiev. It includes artillery […]
October 25 Update: Vietnam has now been granted ‘BRICS Partner’ status. See more here. Vietnam is actively working on a bid to join the BRICS group, according to Hanoi’s embassy in Russia. The country has yet to make a decision on a formal membership bid, although it is establishing a framework for BRICS participation and […]
Due to the current high potential of the 2024 harvest, existing reserves and competitive prices, Russia will be able to become a leading supplier of wheat to India, according to the Rusagrotrans analytical center, following an analysis of the Indian grain market. Rusagrotrans stated in an interview with Interfax that “If the wheat harvest in […]
Russia’s Federal Fisheries Agency Rosrybolovstvo is preparing an expedition to study the fish stocks of African countries, which together with African partners, could begin in Q2 2024, Rosrybolovstvo head Ilya Shestakov said at a meeting with President Vladimir Putin on Monday (April 8). Putin gave the order to organize the expedition following the conclusion of […]
China and Russia have stated their aims to maintain “industrial supply chain stability” after Chinese foreign minister Wang Yi and his Russian counterpart Sergei Lavrov reinforced calls for their two countries to work more closely together against “hegemonism”, in a statement released by the Chinese foreign ministry. Russia has been intensely sanctioned by Western powers […]
Russia’s Pivot to Asia sat down last week with a highly experienced group of people, including high-profile China and Asia experts, an American banker, and Russian academics. The question on the table: “Does the west have a game plan for Russia?” First, about the attendees. All are well known in their fields and government influential. […]
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