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 has in recent years succeeded in creating a modern meat industry and now ranks fourth in the world by meat production, President Vladimir Putin said at the St. Petersburg International Economic Forum on Friday (June 7). “We have created a modern meat industry in the agro-industrial complex. Its capacity has almost doubled in 15 […]
The St.Petersburg International Economic Forum (SPIEF) 2024 has now finished, attracting guests from 139 countries. Investment deals worth US$71 billion were signed, as Russian companies look to invest in alternative markets as its economy moves away from Europe. In this article we highlight some of the larger investment deals that Russian investors made to instigate […]
The Ulyanosk regional government has said that negotiations are currently underway to launch a regular block train service from Ulyanovsk-Baku-Astara to deliver goods to Iran and other Gulf countries. Agreements have been made with both domestic and foreign companies and signed with individual logistics partners. The implementation of the project will contribute not only to […]
India’s Cadila Pharmaceuticals, one of the countries largest, together with the Russian Direct Investment Fund (RDIF) have agreed to jointly finance a new manufacturing facility in Russia, with a total investment of ₽10 billion (US$113 million). The agreement comes after numerous Western pharmaceutical companies withdrew from Russia under their governments pressure. Russia’s civilian pharmaceutical needs […]
New survey suggests Russian businesses are mainly bullish and sanctions are being overcome A new report by Yakov & Partners (previously McKinsey Russia) has stated that Russian businesses have successfully adapted to operating under Western sanctions, with 50% of Russian entrepreneurs noting an improvement in their business over the past six months. Looking ahead, 87% […]
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Russian Foreign Minister Sergei Lavrov has been on a four-country tour on Africa this past few days, visiting Guinea, The Republic of Congo, Burkina Faso and Chad. Russia has also announced it is to open Embassies in Sierra Leone, Niger and South Sudan. We covered Lavrov’s visit and discussed Russia’s trade with each of these […]
The Russian President, Vladimir Putin is set to hold talks with the Bolivian President, Luis Arce on Thursday (June 6) in St. Petersburg. This will be the first direct meeting between the two. They will discuss various issues of further development of bilateral cooperation in all areas, including the economy, and foreign policy. The Kremlin […]
Russian President Vladimir Putin is set to hold discussions with Dilma Rousseff, the President of the New Development Bank (NDB) at the Konstantinovsky Palace in St. Petersburg on Thursday (June 6). The NDB is the multi-lateral financing vehicle for the BRICS group. While Russia is a major shareholder, it has not been able to participate […]
Russian President Vladimir Putin will meet with his Zimbabwean counterpart Emmerson Mnangagwa on Thursday (June 6) in St. Petersburg. The meeting will include one-on-one talks, followed by talks with an expanded circle of delegates. The Russian side will be represented by top diplomat Sergey Lavrov, Natural Resources and Environment Minister Alexander Kozlov, and Economic Development […]
Sergey Lavrov, the Russian Foreign Minister, has been in discussions with Captain Ibrahim Traore, the Burkina Faso leader who took power in the country following a 2022 military coup. Meetings took place in the Burkina Faso capital Ouagadougou late on Tuesday (June 4). Diplomatic relations were established between the two countries in 1967, but Russia […]
Turkiye is to discuss BRICS membership next week. We detail Turkiye’s trade with the bloc. October 25 Update: Turkiye has now been granted ‘BRICS Partner’ status. See more here. Over the past two years, Turkiye’s trade figures with most of the eleven BRICS members have shown significant growth. Now, Turkish Foreign Minister Hakan Fidan has […]
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