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.

Featured August 19, 2024

Russia – Azerbaijan 2024 Bilateral Trade & Development 

Russian President Vladimir Putin has been visiting Azerbaijan on August 18-19, holding negotiations and discussions with Azerbaijani President, Ilham Aliyev. The talks are designed to address the further development of Russian-Azerbaijani relations of strategic partnership and alliance, as well as current international and regional issues” according to a Kremlin press release. Plans are in place […]

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August 18, 2024

BRICS Discussing An Aerospace Engine Consortium

Anton Alikhanov, Russia’s Trade & Industry Minister, has stated that the BRICS nations would create a consortium for the construction of aircraft engines, after a meeting between the BRICS countries’ industry ministers. We stated that “We hope that our proposals on creating a consortium in power engineering, in particular, aero engine construction, will be supported. […]

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August 17, 2024

Eurasian Economic Union Free Trade Agreements With Egypt, Indonesia and UAE Nearly Completed

Free Trade Agreements between the Eurasian Economic Union (EAEU) and Egypt, Indonesia and the United Arab Emirates (UAE), are almost finished, according to Anton Alikhanov, Russia’s Trade & Industry Minister said at a meeting of BRICS industry ministers. “Free trade agreements are a major and efficient mechanism of developing the EAEU’s relations with foreign partners. […]

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August 16, 2024

Direct Shipping Introduced Between Vladivostok, Malaysia and Vietnam

Russia’s FESCO Transportation Group is launching the FESCO Intra Asia Service (FIAS) regular line between Vietnam and Malaysia, the company has stated. A 400TEU container ship from the FESCO fleet will operate the line between the Vietnamese port of Ho Chi Minh City and Malaysia’s Port Klang. The ship will depart once a week and […]

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August 15, 2024

Russia Increases Share Of South Korea’s Crab Consumer Market

These may be small wins in the overall scheme of Russia’s exports, but its still a lot of crab. Russia exported 9,400 tonnes of crab worth US$177 million to South Korea in H1 2024, according to the All-Russian Association of Fisheries Enterprises, Entrepreneurs and Exporters (VARPE). Although supplies decreased by 20% in physical terms and […]

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August 15, 2024

Russia Purchases 35% More Fish From Turkiye in H1 2024

The European markets loss of Russia as a consumer market is creating new wealth elsewhere, as illustrated by Russia importing 30,500 tonnes of fish and seafood from Turkiye in H1 2024, a 35% increase from the same period last year, according to the analytical center of the Russian Fish Union. Turkish exports to Russia increased […]

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August 14, 2024

Non-Russian Entities Buy Up Russia’s Frozen Foreign Securities   

Russia’s Investment Chamber (RIC) brokerage, which has been mandated to organize the exchange of frozen assets between Russian and non-resident investors, has announced the completion of settlements for the purchase of foreign securities. RIC commented that “Despite external sanctions pressure while bids were being accepted, RIC managed to sell to non-residents about a quarter of […]

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August 13, 2024

Russia & Mongolia 2024 Latest: Joint Venture Mineral Mining and December Free Trade Agreement

Russia and Mongolia are compiling a list of mineral resource sites for joint geological exploration in their border area under agreements reached at a meeting of their intergovernmental commission for trade and economic cooperation, according to Alexander Kozlov, the Minister of Natural Resources and Ecology of Russia. Kozlov stated that “Mineral resource use has recently […]

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