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 Russian Foreign Minister, Sergey Lavrov, has met with Mozambique’s President Daniel Chapo and Foreign Minister Maria Lucas in Maputo. Bilateral trade is small but both sides are looking to increase this via fertiilizers and tea exports.
Sergey Lavrov, the Russian Foreign Minister, has met with Ethiopian Prime Minister Abey Ahmed in Addis Ababa to discuss developing bilateral trade and investment. This tripled in 2025 with plenty of interest in their mutual agricultural sectors – fertilizers, grains, and coffee.
Russia’s Chetra, an industrial construction vehicle and parts manufacturer, have signed an agreement with Indonesian market entry experts to evaluate the potential for the company to invest in production in Indonesia. The country is going through a construction boom making Chetra’s interest very timely.
Russia is the world’s largest producer of Amber, and mined a record 726 tonnes in 2025. Most of this is exported to China, as well as markets in the UAE, Kuwait and Kazakhstan.
The Russian and Indonesian Ministries of Trade & Industry have signed a Cooperation Agreement in the industrial sector, with Russia expressing interest in Indonesian shipping, aviation, and infrastructure including construction of the new capital city at Nusantara.
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The Russian Foreign Minister, Sergey Lavrov has met with Mahmoud Ali Youssouf, the African Union chair, in Addis Ababa, the capital of Ethiopia. Russia is pro-African development and wants to see it gain seats on the UN Security Council.
Senior Russian and Armenian officials have met in Ekerterinburg to discuss EAEU trade and development just two weeks after Armenian elections appointed a pro-EU government. We examine the situation and provide the geopolitical analysis.
The Indian Ambassador to Russia has said that discussions concerning a Russia-India Bilateral Investment Treaty and the Eurasian Economic Union-India Free Trade Agreement are both progressing. Both sides have committed to adding another $40 billion to their trade by 2030 suggesting progress may be within reach.
Russia’s wheat exports to Tanzania are up 16% year on year while overall wheat exports to East Africa are up 26% also driven by Kenya and Uganda. Tanzania is a major wheat consumer but needs to import about 90% of its annual requirements.
The Eurasian Economic Commission has met to discuss protocols concerning the EAEU-Mongolia Free Trade Agreement, which is set to commence from July 22. Meetings were held with Mongolian government and business representatives as part of the ‘Mongolia to Eurasia Strategic Dialogue’.
Russia is developing a new Arctic International Research Station in Nenets, to study engineering, life support and other solutions in cold weather environments.
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