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.
Russia’s Elginskoye coal deposits are one of the world’s biggest coking coal deposits, with JORC-compliant reserves of about 2.2 billion tonnes. Located in Yakutia, the Elga coal company, which operates the mine, is also building a private, ‘Pacific Railway’ which will start operations in 2025, according to Russian President Vladimir Putin. He was speaking at […]
Despite the European Baltic Sea nations closing their operations to Russian shipping – at some cost to their throughput – Russia has been expanding its Baltic Port capacities to meet new markets in Africa and Latin America. This goes hand in hand with Russian plans to boost agricultural exports by 50% by 2030. Russia is […]
The Russian President, Vladimir Putin, has been holding discussions with the President of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo, in Moscow. Equatorial Guineas currently holds the Presidency of the Economic Community of Central African States (ECCAS). The Kremlin said the agenda for the talks “includes prospects for the further development of Russian-Equatoguinean relations in various areas […]
Russia is set to gain access to a key strategic naval port in the West African Atlantic Ocean through a bilateral cooperation agreement with the island nation of Sao Tome and Principe, located off mainland Nigeria, Cameroon and Gabon. A bill on the issue has been approved by a Russian government commission on legislative activity. […]
The Prime Minister of Burkina Faso, Apollinaire Joachim Kyelem de Tambela has expressed an interest in joining BRICS. In a meeting with Russian Ambassador Igor Martynov in Ouagadougou on Monday (September 24), he said that “Membership of the BRICS group would make it possible to challenge the domination of the dollar and the euro, and […]
Subscribe to receive exclusive insights and analysis on Trade.
The out-going US President, Joe Biden, gave a speech to the United Nations General Assembly yesterday (September 24) in which he stated that “The good news is Putin’s war has failed at his core aim” and then went on to list achievements, mainly as regards the expansion of NATO and the fact that Ukraine remains a […]
Money Can’t Buy Me Love, but Diamonds Are Forever Russia has imported a significant quantity of diamonds from China for the first time, with 35,000 carats of the gems, worth more than US$12 million, imported last month, based on Chinese customs data. Both countries had stated that barter could be used to settle trade transactions […]
The Moscow Stock Exchange (MOEX) has begun trading in cocoa futures contracts, with trading and settlements conducted in Russian Rubles. The cocoa trade desk began operating yesterday (September 24) and reflects an international demand for the product, reflecting the dynamics of the price of cocoa beans supplied from countries in Africa, Asia, and Central and […]
Pakistan has officially joined the International Transport Corridor (ITC), which runs Belarus-Russia-Kazakhstan-Uzbekistan-Afghanistan-Pakistan-ports of the Indian Ocean, the Uzbekistan Ministry of Transport has stated. The ITC will strengthen ties between Central and South Asian countries, whiloe for Belarus and Russia, both of which are under sanctions, it will provide additional access to the world ocean ports. […]
The overland Tagirkent-Kazmalyar checkpoint on the border between Russia and Azerbaijan is to be upgraded and expanded, with plans to increase its vehicle throughput by 12 times. The Tagirkent-Kazmalyar crossing is a priority development project as it is a key access along the International North-South Transportation Corridor, (INSTC) which connects Russia south to markets in […]
The Future Iraq Institute for Economic Research and Consulting has reported that Iraq and Saudi Arabia have lost their positions as the largest oil exporters to China due to purchasing incentives offered by Russia and Iran. According to the report, Russia captured 22% of China’s oil imports in August 2024, offering prices that were 6% […]
Русский
