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 VTB bank has rolled out a QR code payment system throughout Thailand, allowing its Russian clients to make instantaneous payments of up to US$1,3460 a time via selected outlets. With 2 million Russian tourists expected to visit Thailand this year, the system bypasses Western financial sanctions and gives back independence to both Thai retailers and Russian consumers.
The Russia -Thailand Joint Trade Commission has met in Moscow, with Thailand pushing hard for a Free Trade Agreement with the Eurasian Economic Union. We deep dive the bilateral relationship, in a complementary trade and services basket that could see their trade increase to US$5 billion by 2030.
Russia has increased its exports of agricultural produce to China by 34.4% this year, with China wanting to diversify supplies of critical imports such as soy beans, crucial for maintaining China’s massive livestock industry.
Russia and the Eurasian Economic Union have reduced to zero all tariffs and customs duties levied on all types of oil based fuels and related products. We compare this with the situation in the European Union.
The 2026 Russian-Mexican Business Forum has just taken place in Moscow. While bilateral trade remains small, it is growing. We examine the current trends and prospects in tourism, agriculture, energy and investment and issues to overcome in a trade relationship that looks poised to take off.
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Russia has tweaked its inbound foreign investment requirements and is looking for FDI that will utilise Russian manufacturing to add value. In addition, the ‘buy-back’ re-entry requirements into Russia for companies that exited the market yet wish to return have been tightened. We also examine the current inbound FDI volumes into Russia and look at the numbers of Western investors remaining operational in the country.
Armenia is set on an apparent course to choose between the Eurasian Economic Union, the European Union, and a potential third alternative to go it alone. We examine the physical, rather than the political arguments that showcase the reality behind each of these alternatives.
Russia’s online gaming industry is projected to be worth US$3 billion by 2030, with an estimated 68 million users and growing. Over 76% of this volume is supplied by Chinese companies. We examine the distinctive cross-border operations of China-Russia digital products, analyse which games are popular and the logistics and financial reasons why.
Argentina – Russia trade and relations have been somewhat erratic in recent years but have been showing signs of growth. We examine the trade background, current situation and the BRICS issue and look at obstacles, opportunities and what may lie ahead.
Russia-China trade has hit record highs again in H1 2026. Yet there is more to come. We deep-dive the bilateral relationship and look into the massive infrastructure builds and interconnectivity projects under development, and look at all the Russian and Chinese regions involved in significant moves that will completely change the face of Eurasian trade, development, and wealth creation.
Syria and Russia have resumed direct flights between Damascus and Moscow with a one weekly service. Trade ties should begin to improve as relations get better.
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