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.
The latest data from the General Administration of Customs of the People’s Republic of China states that over 2024, for the full year, China increased the volume of imported Russian oil by 1.3%. The volume reached 108.47 million tonnes, while the cost of purchasing the oil also increased by 2.8% to reach US$62.42 billion. Also […]
Syria’s Transitional Administration has announced a new decree banning the importation of goods from Russia as well as Iran and Israel. This decision comes after the Syrian government had also imposed restrictions on the entry of citizens from Iran and Israel. This ban will be enforced at all land and sea border points in the […]
Mongolia’s 2025 budget has run out of money to repair access roads to its largest border crossing with Russia. Eight road projects, including the repair of the highway from the largest automobile border crossing at Altanbulag on the border with Russia, were excluded from Mongolia’s budget for 2025. Altanbulag is the largest automobile checkpoint on […]
The Russian President, Vladimir Putin, has been discussing the development of a natural gas pipeline from Russia to Iran, stating that while the project will be implemented despite some difficulties, it will go ahead. Putin was speaking following talks with Iranian President Masoud Pezeshkian in Moscow on Friday (January 17). Putin said that “Speaking of […]
Russia’s VTB bank plans to open a full-fledged subsidiary bank in Iran by the end of 2025, the bank’s President and Board Chairman Andrei Kostin has stated. VTB opened a representative office in Iran in 2023. Kostin said that “We plan to open a full-service bank by the end of this year. VTB will be […]
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The Japan National Tourism Organization (JNTO) has released 2024 tourism data, showing that almost 100,000 Russian tourists visited Japan last year, 2.3 times the figure for 2023. The JNTO stated that “99,300 people travelled from Russia to Japan in 2024, 136.6% more than the year before. In 2023 tourist flows from Russia stood at 41,960. […]
The now three-year conflict with Ukraine has resulted in an almost complete deterioration in Western European and Russian political ties, with this particular struggle marked by an intensive media campaign waged against Russia. That has manifested itself in a somewhat unique, blanket overview of the conflict, largely directed by the pro-Kiev factions, sometimes to a […]
Nigeria has officially joined the BRICS economic bloc as its ninth partner state, according to the Brazilian Foreign Ministry, who made the announcement on Friday (January 17). Nigeria joins Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Thailand, Uganda, and Uzbekistan in this category, which permits active participation but excludes voting rights. Partner status is seen as a […]
The Iranian Ambassador to Russia, Kazem Jalali, has said that during 2024, between 1.8 million and 2 million tonnes of cargo were transported along the eastern branch of the North-South international transport corridor, which leads to Iran through Kazakhstan and Turkmenistan. This is approximately three times more than in 2023. Two other branches of this […]
President Vladimir Putin of Russia and President Masoud Pezeshkian of Iran have been holding talks at the Kremlin on Friday (January 17) and have signed a Comprehensive Strategic Partnership Treaty. According to officials from both counties, the document covers multiple areas, including defense, the fight against terrorism, the energy sector, finances, transport, industries, agriculture, culture, […]
Russia has dispatched its first shipment of wheat to Togo, food safety watchdog Rosselkhoznadzor has announced. The 27,000-ton consignment left Leningard region, having been inspected and certified by specialists. Rosselkhoznadzor has issued safety and quality certificates, as well as a quarantine phytosanitary condition report. A total of 123,000 tons of wheat has been inspected for […]
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