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.

CIS Turnover
Featured October 12, 2026

Russia, Commonwealth Of Independent States 2026 Trade Turnover On Track To Reach US$130 Billion

Intra-Commonwealth of Independent States (CIS) trade is up 19% in H1 2026, although Russian President Putin has asked for trade barriers to be lowered to increase multilateral trade still further. The effective CIS members are Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Turkmenistan and Uzbekistan. Ukraine began exiting the bloc in 2014 but has not been able to secure trade guarantees with the European Union either – leaving it in de facto trade limbo and with no eastern markets.

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Brazil Fish
Featured October 12, 2026

Russian Fish Exports To Brazil Up 1,400% In 9M 2026 

Russian exports of fish – especially dried fish – are up 1,400% in 9M 2026, as the snack is used as an accompaniment to drinking beer and is proving popular with Brazilian football supporters watching local and international games in bars. Russian exporters are competing with Norway for this market.

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Iran Development
October 11, 2026

The Gilan Iran-Russia Trade Development Summit: Turning The Caspian Coastline Into Iran’s Russian Trade Strategy

The first Iran-Russia Trade Development summit has taken place in Bandar Anzali, and places a sharply defined economic proposition at the centre of Tehran’s northern trade strategy. The Caspian Sea acts as a gateway to Russia’s US$300 billion annual import market into substantially larger non-oil exports, transit flows and cross-border investment. We deep dive the bilateral Russia-Iran trade and investment developments.

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Bangladesh NPP
October 11, 2026

Rosatom Ready To Connect Bangladesh’s Rooppur NPP To The National Grid

Bangladesh’s first nuclear power plant will be connected to the power grid at the end of November by Rosatom. The Rooppur nuclear plant, Bangladesh’s most expensive infrastructure facility, has heavy backing from Russia. Moscow has financed US$11.9 billion in state loans for the project, which is estimated to cost up to US$12.8 billion. The plant will provide 12% of Bangladesh’s electricity needs.

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Myanmar Financial
October 10, 2026

Sberbank Creates Direct Financial Settlement Mechanism With Myanmar  

Sberbank has completed preparations for direct financial settlements with Myanmar, which will support major state contracts and commodity flows. Financial settlements for commodity exports and imports of agricultural products, fertilizers and mechanical engineering will also use the system. The development negates the use of SWIFT and the US dollar as payment tools, while a key element of the scheme is Sberbank’s Indian branch, which provides access to payments in Indian rupees and connects Myanmar companies with Russia, India and the Commonwealth of Independent States markets.

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Vietnam Railway
October 10, 2026

Kuibyshev Railway Sends First Wheat Exports To Vietnam By Rail

Kuibyshev Railways and the Deng Xiaoping Terminal in Russia’s Tatarstan region has sent its first container train of wheat by rail to Vietnam. The train, consisting of 76 containers with 2,000 tonnes of wheat, departed from the hub’s One Belt One Road terminal, and will finish its journey in Vladivostok. From there, the containers will be sent to Vietnam by sea.

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Turkmenistan Relations
October 9, 2026

Russia, Turkmenistan Bilateral Relations: October 2026 Update

The Russian and Turkmenistan Presidents have held a bilateral meeting at Avaza, a national tourist zone on Turkmenistan’s Caspian coast, located near the city of Turkmenbashi. Current bilateral trade is about US$2.5 billion and has been growing significantly the past two years. Both governments have set a target to double trade by 2030. We discuss the bilateral trade makeup.

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