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.
The Russian President, Vladimir Putin, has instructed the Russian government, with the participation of the Maritime Board, to submit proposals to increase the efficiency of cargo delivery from Siberia, the Far East, and the Urals to the route of the Transarctic Transport Corridor (TTC). This differs from the Northern Sea Route (NSR) in that the […]
The visit of Russian Prime Minister Mikhail Mishustin to China has resulted in a recalibration of bilateral trade, with China increasingly seen by Russia as promising for import substitution of technologies. While general trade, with oil dominating, was previously the key topic, the bilateral trade focus has now shifted. Attention is now on industrial cooperation […]
Russia and China will strengthen cooperation on Arctic issues, according to a joint communiqué following the 30th regular meeting of their heads of government. Russian Prime Minister Mishustin recently visited Beijing and took part in these discussions. The communique states “They agreed to develop cooperation on Arctic issues, including interaction within the Subcommittee on Cooperation […]
Russia increased its exports of wheat gluten to India 9-fold year-on-year to over 1,500 tonnes in January-September 2025, while the value of the exports grew almost 7-fold to reach US$1.7 million, Russia’s Agroexport federal center reported. Russia started exporting this product to India in 2020. India was the fourth biggest importer of wheat gluten from […]
In signs that regional relations, impacted by the Armenia-Azerbaijan conflict, are now returning to normal, Armenia is considering the possibility of importing various goods from Russia by rail through Azerbaijan, according to Nikol Pashinyan, the Armenian Prime Minister. Armenia is landlocked, with its only regional sea access either via Azerbaijan on the Caspian or through […]
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Gazprom has for the sixth time in two months set a new record for daily gas supplies to China via the Power of Siberia pipeline, the company has stated, saying that “on November 5, Gazprom recorded a new all-time high in daily gas deliveries to China via Power of Siberia. The delivered volume exceeded Gazprom’s […]
First, the good news: Russia doubled its diamond exports to India year on year in August, according to data from India’s Ministry of Commerce and Industry. They surged to a value of US$31.3 million in August 2025, more than double the US$13.4 million recorded in August 2024. Russia is the world’s largest producer of rough […]
The Russian President, Vladimir Putin has instructed the government, together with the Bank of Russia, to prepare proposals for the development of a financial centre in the Far East based on the Eastern Exchange, the Kremlin has stated. The Kremlin said that “The Russian government, together with the Bank of Russia, shall prepare and submit […]
The Russian government is to build at least 10 Industrial and Technology Parks in the Far East and the Russian Arctic by 2030, the Kremlin said on Tuesday (November 4). Instructions were issued by the President, and read “To the Russian government: Taking into account previously issued instructions, ensure the creation by 2030 in the […]
Vladimir Putin has instructed the Russian government to develop transport and logistics centers on the border with China and North Korea, according to the Kremlin. The Kremlin statement says “The Russian government has been instructed to take measures to ensure the development of multimodal transport and logistics centers in the Far Eastern Federal District and […]
The Russian President Vladimir Putin has instructed the government to approve a roadmap for the long-term development of rare and rare earth metal mining and production by December 1, the Kremlin stated on Tuesday (November 4). Putin’s statement read, “To the Russian government, taking into account the previously issued instructions, approve an action plan for […]
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