China-Russia Trade Up 23% In 5M 2026
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’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-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.
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.
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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
The Russia-Laos Intergovernmental Commission has been meeting in Moscow, with important agreements on expanding trade, and nuclear power deals being signed. Bilateral trade, while small, nearly doubled last year.
Russia’s EkoNiva Group have been approved to export cheese products to China, and are investing heavily in expanding their production to Asian markets.
The annual meeting of BRICS Agricultural Ministers has been taking place in India with several important initiatives being planned. Russia’s agricultural trade with BRICS countries rose 5% last year.