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.
October 25 Update: Turkiye has now been granted ‘BRICS Partner’ status. See more here. As we suggested would happen earlier in June here Turkiye has made an official application to join the BRICS grouping. A rift with NATO over Ukraine are one reason for Ankara’s reported bid to join the group, which is due to […]
Talks are also underway about building a small nuclear power plant and new Kharkhorum city During Russian President’s Vladimir Putin’s visit to Mongolia, the two countries have agreed on a project to modernize the No. 3 Combined Heat and Power Plant in Ulaanbaatar. An intergovernmental agreement was signed on front end engineering design for Ulaanbaatar […]
The 9th annual Eastern Economic Forum (EEF) opened on Tuesday (September 3) in Vladivostok. The EEF is Russia’s largest development and investment platform for Asia and is targeted at developing the economy of the Russian Far East and expanding international cooperation in the Asia-Pacific region. This year’s primary showcase guest is Vietnam, while around 6,000 […]
Chinese car manufacturers Chery has become the largest foreign company in Russia by revenue in 2023, according to Forbes magazine. Chery is the first ever Chinese company to claim the top spot in the Forbes ranking. The brand increased its sales in Russia by 300% year-on-year to over ₽590 billion (US$6.65 billion). According to the […]
Iranian and Russian automobile and parts manufacturers met at the MIMS Automobility Moscow 2024 last week to discuss ways to strengthen cooperation, as bilateral trade and supply of Iranian auto parts has increased by 450% since the county signed a Free Trade Agreement with the Eurasian Economic Union and joined BRICS. The Iranian delegation, led […]
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Russia’s Rosatom has presented an investment project to Tajikistan to build renewable energy facilities with capacity of up to 1 GW. The project was discussed during meetings between Russia’s trade mission in Tajikistan, Rosatom Renewable Energy and Tajikistan’s Energy and Water Resources Ministry. Tajik Deputy Energy Minister Manuchehr Safarzoda said his country has huge potential […]
Zimbabwe’s minister of primary and secondary education, Torerayi Moyo, has stated his thanks to Russia for assistance in training specialists in the Zimbabwean nuclear power and space industries. Moyo stated that Zimbabwe aims to build a nuclear power plant and develop its nuclear energy sector as part of the country’s broader industrialization goals. He said […]
According to the Kremlin press service, at the invitation of Mongolian President Ukhnaa Khurelsukh Russian President Vladimir Putin will pay an official visit to Mongolia on September 3, 2024. Among the topics to be discussed and moved forward are trade, economic and energy projects developing within the context of Russian-Mongolian relations based on their comprehensive […]
Russian truckers and logistics companies employed on the China trade delivery run will be happy to learn that the Chinese government has approved procedures that should simplify entry of Russian truckers to China. Following the results of the 29th regular meeting of the heads of Government of Russia and China, a protocol was signed on […]
Russian Railways has reported that between January-July 2024, cargo transportation in both directions through various railway crossings on the Russian-Chinese border increased by a total of 18.2% compared to the same period in 2023 – up to 23.8 million tonnes. That is broken down into Chinese export volumes to Russia amounting to 1.6 million tonnes […]
The Russian President Vladimir Putin held conversations with the President of Kazakhstan, Kassym-Jomart Tokayev on 26 August. The two continued discussions of current issues of mutually beneficial bilateral cooperation and development, including in the energy sector. Kazakhstan shares a 7,242km border with Russia, while President Tokayev owes his current position to a Russian intervention in […]
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