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 July 29, 2026

Russia, Pakistan Bilateral Relations & Trade: July 2026 Update

Russia’s Foreign Minister Sergey Lavrov has met with Mohammad Ishaq Dar, the Deputy Prime Minister and Foreign Minister of Pakistan. We discuss the latest developments in infrastructure and trade, including Pakistan wanting to join the INSTC, develop the energy industry, and negotiate a trade deal with the Eurasian Economic Union.

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July 27, 2026

Shanghai Cooperation Organisation Foreign Ministers Council Meeting: How the SCO Is Building Eurasia’s Trade and Financial Order

The Shanghai Cooperation Organisation Foreign Ministers Summit has just concluded in Kyrgyzstan. Russia’s Foreign Minister also had specific meetings with China, Iran, and Pakistan. We discuss the key developments including the potential establishment of an SCO Development Bank.

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July 26, 2026

Russia’s Three Day ASEAN & Global South Meetings In Manila: Key Takeaways & Analysis

The Russian Foreign Minister, Sergey Lavrov, has held three days of meetings in Manila with all the ASEAN countries, in addition to meetings with India, Bangladesh, Pakistan, Sri Lanka, Egypt, Brazil and the United States. These took place under the Russia-ASEAN Summit, the ASEAN Regional Forum and the East Asia Summit. We provide detailed analysis of each of these discussions as well as examine the geopolitical and trade dynamics.

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