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.
Moscow will open its first embassy in Moroni, the capital of the Comoros, by the end of the year, according to a Russian government directive. Comoros is an African island nation made up of three islands in Southeastern Africa, located at the northern end of the Mozambique Channel in the Indian Ocean. It is renowned […]
The Russian Agriculture Minister, Oksana Lut, has been holding bilateral discussions with Azerbaijani Deputy Agriculture Minister Elchin Zeynalov. Lut said that “Russia is interested in increasing and diversifying mutual supplies of agricultural goods. This applies to grain, oil, and fat products, fish and seafood, as well as fertilizers. Cooperation in the field of selection and […]
The Eurasian Economic Union (EAEU) and India have held the first round of negotiations on a free trade agreement this week in New Delhi, according to Russia’s Economic Development Ministry. The EAEU includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia and has a collective GDP (PPP) of about US$8.5 trillion. The EAEU’s GDP per capita (PPP) […]
Russia and Venezuela have signed 42 bilateral agreements following the 19th session of the Russia-Venezuela High Level Intergovernmental Commission, (HLIC) co-chaired by Russian Deputy Prime Minister Dmitry Chernyshenko and Venezuelan Executive Vice President Delcy Rodriguez. These agreements include numerous areas of cooperation, including mining, transport, nuclear energy and joint medical research. Chernyshenko said “The Russian […]
Azerbaijan Railways (AZD) and Russian Railways (RZD) have signed an agreement on the bilateral exchange of e-data, AZD has announced. The respective parties signed the document on Wednesday in Baku following a meeting between AZD CEO Rovshan Rustamov and RZD CEO Oleg Belozerov. AZD stated that “The agreement will allow significantly improving the efficiency of […]
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With Russian President Vladimir Putin’s state visit to India now scheduled for December 4th and 5th, the prospect of Russia and India linking their national payment systems to bypass the SWIFT network will be high on the agenda, according to Deputy Foreign Minister Andrey Rudenko. The subject follows discussions already held on the matter between […]
Sergei Tsivilev, the co-chair of the Russian-Pakistani Intergovernmental Commission, has been talking up the potential for Russia-Pakistani trade and investment relations in several industrial sectors, saying that Russian oil and gas companies remain highly interested in developing business in Pakistan. Tsivilev stated that “We continue to collaborate in hydrocarbon exploration and development. We are working […]
The Central Bank of Russia is to open a representative office in India, the regulator’s press service has stated, saying “The Central Bank of Russia is looking into opening a representative office in Mumbai, India. This would contribute to solidifying interaction between the two countries’ regulators, as well as developing cooperation in the financial sector […]
Agricultural trade between Russia and Iran grew 20% in the first nine months of this year, according to Russia’s Agriculture Minister Oksana Lut and Iran’s Minister of Agriculture Jihad Gholamreza Nouri Ghezeljeh. Russia also resumed exports of mineral fertilizers to Iran. Lut and Ghezeljeh also discussed prospects for cooperation in veterinary and phytosanitary surveillance. They […]
Russia’s Agriculture Minister Oksana Lut has been discussing cooperation in the agricultural sector with Mawlavi Ataullah Omari. Afghanistan’s acting Minister of Agriculture, Irrigation, and Livestock. Lut stated that “In recent years, agricultural trade between Russia and Afghanistan has been growing. Russian exports form the basis of this mutual trade—flour, sunflower oil, and sugar are supplied […]
Russia and Pakistan are working on a financing model for Pakistan Steel Mills (PSM) upgrade in Karachi, according to Sergei Tsivilev, the co-chair of the Russian-Pakistani intergovernmental commission. Tsivilev is also Russia’s energy minister. Pakistan is short of foreign currency assets. PSM and Russian officials signed an MoU on cooperation for the plant’s modernization in […]
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