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.
Russia’s agricultural trade with Turkiye has increased by 30% in H1 2026, with Russia exporting beef, grains, legumes, and oil and fat products, and Turkiye exporting fish products, fruits, and citrus fruits. The two countries are looking at ways to double trade volumes by 2030.
Russian President Putin has signed into law the Russian cryptocurrency usage bill. Trading is permitted but not payment for goods or services in Russia. We examine the implications for Russia’s foreign trade and other financial settlement developments.
Pakistan’s Ambassador to Russia, Faisal Niaz Tirmizi, has said that Pakistan will complete a Free Trade Agreement with the Eurasian Economic Union anytime within the next two years. We provide a breakdown of Pakistan’s current trade with the EAEU countries.
The European Union imported a new record high of LNG volumes from Russia in July. We examine the reasons why and what this is likely to mean for the EU’s sanctions policy as it is squeezed by supply chain problems in the Persian Gulf.
Russia’s Berezovsky city, in Siberia, is developing a new freight and logistics centre to link with the eastern INSTC and better connection with markets in India and Iran. It offers opportunities to increase trade in both directions and includes Russia’s third largest city as a potential market.
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The OPEC Plus Alliance, which includes Russia, is to increase oil production from next month and is negotiating output for 2027. Disruptions caused by conflicts, sanctions and tariff threats have destabilised the market amid increasing energy demand. We also discuss what this means for Europe.
India imported a new record amount of Russian crude oil in July, defying US sanctions and tariffs threats. The United States has threatened 100% tariffs on imports from countries buying Russian oil, but the strategic and economic dynamics suggest this is unlikely to happen. We examine why.
Russia and Brazil are looking at expanding their maritime logistics capabilities as trade increases. Brazil especially is interested in closing the 90-10% trade gap between the two countries and wants to develop its exports sector to the Russian market.
Russia and India are preparing for the pending Free Trade Agreement between India and the Eurasian Economic Union with logistics and other agreements all being worked on. They are preparing all sides for what can be expected to result in a significant boom in trade. India’s trade with all EAEU members is already showing significant increases.
Russia has become the world’s second largest supplier of coriander spice to the global market, according to the Russian Agroexport federal center. India is the largest exporter, while most of Russia’s exports go to ASEAN, Central Asia and the Middle East.
Bangladesh runs a substantial Rupee trade deficit with India, but doesn’t trade such huge amounts with Russia. Consequently, to get around the Bangladesh-Russia trade imbalance and mitigate against threatened US sanctions on Dhaka, the two sides are discussing the use of Indian Rupees rather than the Bangladesh Taka to settle their mutual trade volumes of about US$2 billion per annum.
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