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.
Tanzania’s communications ministry has signed a framework memorandum on space cooperation with Russia’s space agency Roscosmos, who expects to launch Tanzania’s first Earth observation satellite on a Russian rocket in March 2027. Russia will help set up a national space agency, build ground stations and train specialists.
Russia’s President Vladimir Putin has met with Abdel Fattah el-Sisi, the President of Egypt during the 2026 Russia-Africa Summit. Egypt is Russia’s largest trade and investment partner in Africa, with bilateral trade growing 14% during 8M 2026 and on target to reach close to US$12 billion for the year. Egypt also hosts two key Russian development projects – the El Dabaa NPP and the Russian Investment Zone at Port Said. We examine the complete bilateral trade and investment developments.
The President of Russia, Vladimir Putin, met with Denis Sassou Nguesso, the President of the Republic of the Congo during the 2026 Russia-Africa Summit. Russia has significant investments in the RoC including nuclear energy projects and cross-border oil pipelines. With the two sides agreeing a bilateral investment treaty, trade and investment are growing. With bilateral trade growing this year, we examine the development picture.
The Russian President, Vladimir Putin, has met with Mohamed al-Menfi, the Chairman of the Presidential Council of Libya, during the 2026 Russia-Africa Summit in Moscow. Energy and Security issues took up the bulk of the discussions, as Libya continues to deal with the fall-out of the US-led, 2011 NATO attacks designed to oust then-President Gaddafi. Progress since then has been slow but there are signs Russia-Libya bilateral trade is recovering. We provide the latest updates.
Russia’s Pharmasyntez Group plans to boost the volume and range of its pharmaceutical exports to Africa, the company has stated, saying “Africa is a strategic direction for international development for us. We are expanding exports of our pharmaceutical products and establishing long-term partnerships. We are already supplying products to the African market, building our registration portfolio, and exploring new opportunities for collaboration with public and commercial partners. We see significant potential for further developing Africa’s pharmaceutical market.”
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The Council of the Eurasian Economic Commission (EEC) is to study a free trade agreement between the countries of the Eurasian Economic Union (EAEU) and Jordan. The EAEU includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. , Jordan has a GDP (PPP) of US$154 billion. We examine the current trade dynamics between Jordan and the EAEU countries.
The Russian President, Vladimir Putin met with Netumbo Nandi-Ndaitwah, the President of Namibia during the Russia–Africa Summit. The respective governments emphasized expanding cooperation into mining, agriculture, fisheries, information technology, telecommunications, energy beneficiation, and infrastructure. Both Presidents discussed the establishment of a local fertilizer manufacturing plant in Namibia to lower agricultural costs and boost Namibia’s regional exports. Officials also signed customs cooperation agreements and frameworks. We discuss the complete bilateral trade and investment picture.
The Russian President, Vladimir Putin, has met with William Samoei Ruto, the President of Kenya during the 2026 Russia-Africa Summit. The two sides signed five new bilateral accords, focusing on expanding agricultural exports, tourism, direct business partnerships, joint investment and transport, most notably the issue of direct flights. Bilateral trade has doubled in 8M 2026.
Russia’s President Putin has met with the Seychellois Foreign Minister, Barry Faure, at the 2026 Russia-Africa summit. There have been some significant developments in the bilateral tourism, food security and blue water sectors, including a current visit by a Russian Navy Frigate. Aeroflot is to increase direct flights to three times weekly, while the Seychelles has also secured duty-free exports of fresh tuna to Russia. We provide a detailed examination of the bilateral trade and investment dynamics.
The Russian Foreign Minister and delegation have attended the G20 Foreign Ministers meetings in Atlanta, Georgia, hosted by US Secretary of State Marco Rubio. We discuss Russia’s stated opinion on global economic affairs, and what occurred in attempts to generate a unified G20 statement. We compare this situation with Russia’s participation in other recent diplomatic events, including the BRICS, this weeks Russia-Africa Summit and the EAEU-SCO annual meetings.
The Russian President, Vladimir Putin has met with Teodoro Obiang Nguema Mbasogo, the President of Equatorial Guinea in Moscow. The two countries are rapidly developing trade and investment ties, with both signing a nuclear power cooperation agreement earlier in the year. Russia is also interested in the country’s LNG sector and port development. While bilateral trade is relatively small, the bilateral relationship is warm and developing.
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