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 goals of Russia’s trade and economic partnerships differ depending on the country; for example, with China it is increasing non-resource, non-energy exports, and with India it is balancing trade, according to government materials for a strategic session on the development of foreign economic activity. Documents state that “the central element of Russia’s foreign economic […]
Trade turnover between Azerbaijan and Russia amounted to US$4.92 billion in 2025, up 2.5% compared to the previous year, the Azerbaijani State Customs Committee (SCC) has stated. Trade operations with Russia accounted for 9.96% of the country’s total foreign trade turnover, the SCC said. Russia is Azerbaijan’s third largest foreign trade partner after Italy and […]
On Tuesday, January 20, Russia’s Foreign Minister Sergey Lavrov convened his traditional annual press conference in Moscow to review the performance of Russian diplomacy in 2025 and set out the foreign policy and economic agenda for 2026. At this event—attended by hundreds of journalists—Lavrov emphasized that the diplomatic focus is no longer solely about geopolitical […]
The St. Petersburg International Mercantile Exchange (SPIMEX) is preparing for trading in platinum bullion, SPIMEX president Igor Artemyev has stated, and is collaborating with Norilsk Nickel on the matter. The Russian Ministry of Finance also has a specific interest in organizing the trading, though legislation will be required to permit such trade. Artemyev said, “We […]
For much of the post-Cold War period, the Arctic existed outside the main currents of global geopolitics. Covered by ice, distant from population centers, and governed by cooperative mechanisms, the High North was widely perceived as a region immune to confrontation. This assumption has gradually dissolved. Climate transformation, technological adaptation, and global power redistribution have […]
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Moldova has launched the procedure for officially withdrawing from the Commonwealth of Independent States (CIS), Foreign Minister Mihai Popsoi has said. The CIS was formed in 1991 after the collapse of the USSR to promote cooperation regarding economic, political, and security issues among the former Soviet republics. It currently includes Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, […]
Russia exported dairy products worth more than US$500 million in 2025, with supplies going to almost 100 countries worldwide, the head of the Agroexport federal center Ilya Ilyushin, said at the third forum of dairy industry leaders in Moscow on Tuesday (January 20). The final sales volumes are likely to be higher, as the December […]
Russia’s Okto Group are negotiating with their fellow Russian mining company Nordgold to purchase a gold mine in Burkina Faso, West Africa. The deal amount for the sale of Nordgold’s assets in Burkina Faso is estimated at being over US$1 billion. According to the latest disclosed data (for 2021), the combined production of Nordgold’s mines […]
Russia’s Rosatom state owned nuclear power company is preparing to start operation of the first power unit of the Akkuyu Nuclear Power Plant in Turkiye, doing start-up and adjustment work and a comprehensive check of all systems. The final control stage, cold and hot break-in, is expected to be implemented in the near future before […]
The new threats by US President Donald Trump to place an additional 25% tariffs on European exports entering US markets emphasize just how naïve European politicians have been when it comes to international diplomacy and foreign affairs. In threatening such measures should the EU (and specifically Denmark) do not agree to cede Greenland to the […]
The Russian government has submitted a Bilateral Investment Treaty (BIT) agreement on the promotion and protection of investments between Russia and Myanmar to the State Duma for ratification. The agreement establishes a procedure for protecting investments, including procedures for compensating for expropriation and for resolving investment disputes. The agreement was originally signed off by both […]
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