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.
Japan will continue importing Russian liquefied natural gas (LNG) despite pressure to halt purchases, Japanese Prime Minister Sanae Takaichi told US President Donald Trump on Tuesday. Trump was visiting Tokyo as part of a broader Asia tour and urged Japan to suspend Russian energy imports. The new Japanese prime minister, however, emphasized Japan’s own energy […]
Indian Oil Corporation (IOC), a state-owned oil and gas company, has stated it will continue to buy Russian crude as long as it does not violate US sanctions, the companies Finance Director, Anuj Jain, has stated. He added that the company maintains a database of sanctioned entities and will continue to source oil from non-sanctioned […]
The cost of transporting a 40-foot container on the Shanghai—Moscow route, despite an increase in October this year, remains at a five-year minimum—at US$5,300, according to the Centre for Price Indices estimates. However, rates for the Russian Federation remain more expensive than for China delivery to the European Baltic States ports and to Finland at […]
The Russian Foreign Minister Sergey Lavrov met with Choe Son-hui, the Foreign Minister of North Korea (DPRK), who is in Moscow on a working visit. During the talks, the ministers discussed current issues concerning the development of bilateral relations, including practical cooperation, with particular focus on the implementation of the agreements reached during the talks […]
Russia and China have updated their Bilateral Investment Treaty (BIT), which was first agreed upon back in 2006. BITs typically provide legal guarantees for reciprocal investments, as well as containing specific preferential agreements on tax rates impacting specific detailed industries and the services sector. Russian President Vladimir Putin signed the bill that ratifies these updates […]
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Russia and Cambodia have been discussing the expansion of their bilateral trade, including increasing supplies of fertilizer from Russia, following meetings between Russian Deputy Prime Minister Alexei Overchuk and Cambodian Prime Minister Hun Manet in Kuala Lumpur. They held meetings on the sidelines of the 20th East Asia Summit, which is currently taking place. A […]
The Russian Agriculture Ministry and Russian Railways have ordered the development of agricultural supply chain routes to Armenia via Azerbaijan, according to Russian Deputy Prime Minister Alexei Overchuk. Azerbaijan has also confirmed the possibility of using its railway network for the export of agricultural products from Russia to Azerbaijan. Overchuk said that “Two days ago, […]
Russia could increase exports of energy resources, industrial equipment, and agricultural products to Malaysia and consider building small- and large-capacity nuclear power plants in the country, according to Russian Deputy Prime Minister Alexei Overchuk. He has been meeting with Malaysian Deputy Prime Minister and Minister of Energy Transition and Water Transformation Fadillah Yusof at the […]
Russia, so often disparagingly referred to as just a ‘gas station’, is rapidly diversifying its economy, with non-primary, non-energy (NPNE) exports now providing just over 12% of Russia’s Gross Domestic Product (GDP), according to the results of the first half-year 2025. The statement was made by Mikhail Mishustin, the Chairman of the Russian Government, citing […]
Russia is restoring barley supplies to Jordan and could expand grain exports through increased corn shipments, according to Ruslan Khasanov, a director at the Russian Federal Center for Assessing the Safety and Quality of Agricultural Products (TsOK APK). Around 50,000 tonnes of barley have been exported to Jordan since the start of the 2025 season […]
The development of ‘territorial organisation’ of the Russian economy is one of the main goals of the new ‘Strategy for the Spatial Development of Russia 2026-2036’, with the Siberian Federal District to play a significant role in terms of Russia’s connectivity to the Far East, the Arctic, and European Russia. However, to allow Siberia to […]
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