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 April 16, 2024

89% Of Microchips Exported To Russia Come From China

The sanctions imposed by the United States, which aimed to disrupt Russia’s military capabilities by limiting its access to advanced chips are only having limited results. While Russian entities can no longer get chips directly from American, European, Japanese, and Taiwanese companies, Russia continues to obtain advanced processors mainly through indirect channels, primarily involving Chinese […]

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Featured April 15, 2024

First Shipment Of Russian Pork Delivered To China

The first shipment of Russian pork has been delivered to the Chinese market according to Miratorg, the first company to begin deliveries after China lifted restrictions on Russian pork imports last September. China is the world’s largest importer of the meat, worth some US$4.5 billion annually. It is a prized market for global pork producers, […]

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April 14, 2024

Mali To Use Russia’s MIR Payment System

In further signs that the Europe-Africa dynamics are changing, Mali, which has recently cancelled colonial-era agreements with France, has said that the country is interested in using Russia’s MIR payments system. Badra Alou Coulibaly, the West African nation’s general controller of public services, said that the move will strengthen the existing “significant level” of cooperation […]

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April 14, 2024

Eurasian Economic Union Industrial Production Up 6.6%

Despite Western sanctions on Russia and the threat of sanctions being levied upon several Central Asian countries, industrial production in the Eurasian Economic Union (EAEU) increased by 6.6% in January-February of this year, the press service of the Eurasian Economic Commission (EEC) reported on Tuesday. The ECC is the management board of the EAEU. Industrial […]

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April 14, 2024

MTS Bank To Issue An IPO On Moscow Stock Exchange

Russia’s MTS Bank, the fintech arm of Russia’s leading mobile phone operator MTS, has announced plans to carry out an initial public offering of its common shares on the Moscow Stock Exchange. Investors will be offered newly issued shares, with the proceeds from the IPO used to implement the bank’s growth strategy and further scale […]

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April 13, 2024

Russian Car-Sharing Service Opens Sourcing Office In Shanghai

The auto fleet servicing subsidiary of Russian carsharing service Delimobil , Smart Mobility Management LLC (SMM) opened an office in China this year for direct purchases of spare parts, the company reported in notes to its financial statements for 2023. The office was opened in Shanghai to “look for new counterparties, partners, investors and establish […]

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April 12, 2024

This Weeks Russia-China Foreign Ministers Meetings: Results & Analysis

Russian Foreign Minister Sergei Lavrov completed a two-day visit to Beijing on Tuesday, where he met both Chinese Foreign Minister Wang Yi and President Xi Jinping. In many ways, his trip was preparation for the visit of Russian President Vladimir Putin to China, whose plans were confirmed by the Kremlin on the same day. During […]

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April 12, 2024

Macron Gets Aggressive As France Seeks Revenge For Niger & Mali Exits

Update: April 13, 2024: French Foreign Legion arrives in Ukraine The first group of French Foreign Legion mercenaries have arrived at the Ukrainian military HQ in Slavyansk in Donetsk, according to the Telegram channel Military Chronicle. An initial group of 100 soldiers have arrived in the city, which is controlled by Kiev. It includes artillery […]

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April 11, 2024

Vietnam Planning To Join BRICS

October 25 Update: Vietnam has now been granted ‘BRICS Partner’ status. See more here. Vietnam is actively working on a bid to join the BRICS group, according to Hanoi’s embassy in Russia. The country has yet to make a decision on a formal membership bid, although it is establishing a framework for BRICS participation and […]

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April 11, 2024

Russia Could Become India’s Largest Wheat Supplier in 2024 / 25

Due to the current high potential of the 2024 harvest, existing reserves and competitive prices, Russia will be able to become a leading supplier of wheat to India, according to the Rusagrotrans analytical center, following an analysis of the Indian grain market. Rusagrotrans stated in an interview with Interfax that “If the wheat harvest in […]

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