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.
Russian Foreign Minister Sergey Lavrov has met with Malagasy Foreign Minister Alice N’Diaye in Moscow to discuss trade development. We detail the current bilateral relations and plans to increase bilateral trade – currently running at about US$500 million per annum.
Vietnam’s Prime Minister Le Minh Hung has invited the Russian President, Vladimir Putin to Vietnam to attend the 2026 APEC conference, the second senior ASEAN official to extend invitations in the past three days. APEC is attended by 21 countries leaders – including the United States.
Russian President Vladimir Putin has been invited to the Philippines in November to attend the annual ASEAN summit. Philippines President Marcos extended the invitation following the success of the Russia-ASEAN summit which has just concluded in Moscow. Bilateral trade ties are relatively small at present but a Putin visit is likely to accelerate these ties.
Russia-China bilateral trade has grown 23% year on year in the period January-May 2026, as the trade mix diversifies. This data suggests total bilateral trade for the year will reach just over US$280 billion.
Russia has exported frozen crab to Mexico for the first time. Consumption of seafood in Mexico is increasing, while Russia is the world’s largest exporter of crab with the Kamchatka Crab a sought-after gourmet speciality.
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The Russian and Turkish Foreign MInisters have been holding extensive talks in Moscow. We deep dive what was discussed, and the evolution of bilateral relations into a strategic alliance between the Caucasus and the Middle East with significant implications for Eurasia. This is essential reading for anyone involved in the Black Sea and regional trade and investment.
Russia’s agricultural exports to ASEAN are up 5% in the first five months of 2026, with Thailand, Vietnam, the Philippines, Indonesia and Cambodia showing the largest increases.
Direct flights between Kazan and Malaysia are being discussed at senior Ministerial levels by both countries. Visa-free access for visitors from both Russia and Malaysia is expected to be in place later this year.
The Russia-ASEAN annual summit is currently taking place in Kazan amongst huge geopolitical changes in Eurasia. We discuss what these mean and provide a detailed overview of Russia’s trade with ASEAN – including with nine of its member countries. It is essential reading for anyone involved in Southeast Asian trade and investment.
The Russian Prime Minister Mikhail Mishustin has met with Uzbekistan President Shavkat Mirziyoyev and Prime Minister Abdulla Aripov at the Tashkent International Investment Forum. We discuss what was said and the latest in bilateral trade and investment trends.
India is testing Russian rare earths sourced from Siberia to assess quality and properties, and may become a strategic buyer as New Delhi looks to urgently boost its national EV production
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