Trade News & Analysis

Trade

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.

Central Asia
Featured January 5, 2025

Russia’s Pivot To Asia New Publication – “2025 Guide To Central Asia”  

Russia’s Pivot To Asia have published their ‘2025 Guide to Central Asia’, which details Russia’s trade, investment and geopolitical relations with Kazakhstan, Turkmenistan, Tajikistan, Uzbekistan, Afghanistan, Kyrgyzstan and Mongolia. It also discusses the roles and developments within the Commonwealth of Independent States and the Eurasian Economic Union. It is essential reading for anyone interested in,or […]

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Featured January 5, 2025

Russia’s Foreign Trade: 2024 Changes and 2025 Trends

2024 was marked by distinct changes in Russia’s foreign trade turnover, as sanctions and geopolitical instability forced the Russian economy to adapt to a new normal. Despite these challenges, exports grew by 0.5% to reach US$278 billion in value, while the focus of attention of Russian suppliers was Asia, Africa and the CIS countries. It […]

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AI
January 2, 2025

Putin Calls For Russia-China Artificial Intelligence Alliance 

Russia’s President Vladimir Putin has instructed the government and Sberbank, the country’s largest bank and a tech innovator, to create an alliance with China to develop artificial intelligence. Putin’s directive was issued after the Artificial Intelligence Journey Conference held in Moscow last month. Speaking at the conference, the President of the Russian Federation said: “Artificial […]

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BRICS 2025
December 31, 2024

Russia’s 2024 Presidency Of The BRICS And Looking Ahead To 2025: Ryabkov Interview

Sergei Ryabkov, Russia’s Deputy Minister of Foreign Affairs, and the primary “BRICS Sherpa” has been interviewed by Tass concerning the development of the BRICS group during 2024. This is especially pertinent as Russia held the Presidency of BRICS during the year, hosting the annual BRICS summit in Kazan. The interview covered Russia’s Presidency of BRICS, […]

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EAEU Flag
December 31, 2024

Eurasian Economic Union Agrees Unified Customs Transit System With Third Countries

The Supreme Eurasian Economic Council, which oversees legislation on behalf of the Eurasian Economic Union, (EAEU) has signed an agreement on a Unified Customs Transit System between the EAEU and third countries. The agreement is important as it reduces transport costs from the EAEU to its major trading partners.  The agreement defines the legal framework […]

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December 31, 2024

Russia’s Development Readiness For National Autonomous Transport Networks

Russia ranks third in its readiness to implement Autonomous Transport (AT) systems among the BRICS, CIS and partner countries, second only to China and the United Arab Emirates and ahead of countries such as Saudi Arabia, Brazil and Turkiye, according to the latest Kept (ex-KPMG) ratings. For the assessment, Kept’s analysts compared countries with each […]

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LNG
December 30, 2024

Ukraine Turns Off Russian Gas Supplies To The EU On January 1. This Is What That Means.

Ukraine has refused to continue acting as a European gas supply chain transit agent from Russia and is to terminate gas supplies to the EU from Russia from January 1st. Kiev’s contract with Gazprom finishes on December 31. Affected by this decision are the EU member states Austria, Hungary, and Slovakia which have long relied […]

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Syria
December 30, 2024

New Syrian Regime Wants ‘Good Relations’ With Russia, No Planned Withdrawal

The new Syrian authorities, led by the country’s de facto leader Ahmed Hussein al-Sharaa, of the Islamists Hayat Tahrir-al-Sham (HTS) would like to remain on good terms with Russia, al-Sharaa has said, stating in an interview with local broadcaster Al Arabiya on Sunday (December 29) that his government would not necessarily be seeking the withdrawal […]

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