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.

SCO Putin
Featured November 19, 2025

Vladimir Putin Speech At Shanghai Cooperation Organisation 2025 Moscow Summit: Comments and Analysis

Russia is the current chair of the Shanghai Cooperation Organisation and has been hosting the Council of Heads of Government in Moscow. The Russian Prime Minister, Mikhail Mishustin, chaired the event, while the Russian President, Vladimir Putin, also addressed the attendees. These included China, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, India, Pakistan, Iran, and Belarus. This is […]

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SCO Russia
Featured November 19, 2025

Russia, Shanghai Cooperation Organisation Trade Hits US$409 Billion, New Financial Architecture Being Created

Moscow has been hosting the Shanghai Cooperation Organisation (SCO) Heads of Government Summit, with the Russian President, Vladimir Putin, noting that Russia’s trade with SCO members has reached US$409 billion.  He stated, “Russia’s trade turnover with SCO countries reached $409 billion in 2024 and continues to grow. Of course, the lion’s share of this is […]

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Mongolia
November 19, 2025

Russian Bank May Establish Operations In Mongolia

The Mongolian Prime Minister Gombojavyn Zandanshatar, who is visiting Moscow to participate in the Annual SCO Heads of Government summit, has stated that opening a Russian bank branch in Mongolia would help facilitate bilateral settlements. He was speaking with Russian President Vladimir Putin. Such a move would pave the way for an as-yet-unnamed Russian bank […]

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India
November 18, 2025

Russia and India Foreign Ministers Meet, Collaborate on Global Issues, New Trade Agreements As Preparations For Putin’s Visit Begin 

The Russian Foreign Minister, Sergey Lavrov, has met with Subrahmanyam Jaishankar, the Indian Foreign Minister, in Moscow. Jaishankar is in Russia to attend the Shanghai Cooperation Organisation meeting of Heads of Government.  The two ministers discussed various aspects of Russia-India relations and issues on the global agenda, with special attention paid to practical steps towards […]

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Weapons
November 18, 2025

Russian Weapons Exports To The Middle East “Worth Tens of Billions of Dollars”

Russia’s portfolio of arms export contracts with countries in the Middle East and North Africa amounts to tens of billions of dollars, according to Dmitry Shugaev, the head of Russia’s Federal Service for Military-Technical Cooperation. Speaking at the Dubai Airshow, 2025, He said that “The Middle East, North Africa, and the Near East have traditionally […]

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Shipbuilding
November 18, 2025

Russia Proposes Developing Shipbuilding & Repair Facilities In India

Russia’s Maritime Board Chairman, Nikolai Patrushev, has suggested that India consider establishing shipbuilding and ship repair clusters in Mumbai or Chennai involving Russia, stating that “it is advisable to consider creating shipbuilding and ship repair clusters with Russia’s participation in  important economic areas such as Mumbai or Chennai.” He was speaking at the Russian-Indian interdepartmental […]

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Oman
November 17, 2025

Oman Makes Tracks To Join INSTC; Russia Views Overland Reach To Afghanistan and Shipping To Africa

Russia’s Deputy Prime Minister, Marat Khusnullin, has been attending the Russia-Oman business forum held in Muscat and has provided updates on Oman becoming an additional destination on the southern part of the International North-South Transport Corridor (INSTC). He stated that “We have a very interesting project with Oman in port infrastructure development. The connection between […]

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Lukoil
November 17, 2025

US Treasury Dilutes Sanctions On Rosneft and Lukoil’s Caspian & Central Asian Projects

The United States Treasury ‘Office of Foreign Assets Control’ (OFAC) has issued a license permitting transactions involving Russia’s Lukoil and Rosneft related to the operation of the Caspian Pipeline Consortium (CPC) and the Tengiz and Karachaganak fields in Kazakhstan. The license foes not require any “transactions for the sale, disposition, or transfer of any interest” […]

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Belarus Image
November 17, 2025

Eurasian Railway Gateway Terminal To Link Belarus To China

The Eurasian Railway Gateway terminal, connecting the Belarusian Great Stone Industrial Park in Minsk to China’s Belt & Road Initiative, is being prepared and should begin initial operations in mid-2026, according to Belarus Segodnya, the official media. The newspaper said, “The Eurasian Railway Gateway bi-modal container terminal is a key logistics project of the Great […]

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SCO Main
November 16, 2025

Shanghai Cooperation Organisation Meetings In Moscow: Unlocking Eurasian Trade Potential

As the Shanghai Cooperation Organisation (SCO) convenes its Council of Heads of Government summit in Moscow on November 17–18, 2025, member states are poised to deliver strategic momentum on economic integration, especially in China–Russia trade and multilateral trade cooperation. Under Russia’s rotating presidency, this high-level gathering follows the landmark Tianjin Summit three months ago, and […]

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