Trade News & Analysis

Trade

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.

Featured July 29, 2026

Russia, Iran Bilateral Relations & Trade: July 2026 Update

Russia’s Foreign Minister Sergey Lavrov met with Abbas Araghchi, the Iranian Foreign Minister. We discuss the current geopolitical situation as well as the shifting logistics and energy supply chains, bilateral trade between Iran, Russia and the EAEU and underlying reasons for the Iran-United States conflict.

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July 27, 2026

Shanghai Cooperation Organisation Foreign Ministers Council Meeting: How the SCO Is Building Eurasia’s Trade and Financial Order

The Shanghai Cooperation Organisation Foreign Ministers Summit has just concluded in Kyrgyzstan. Russia’s Foreign Minister also had specific meetings with China, Iran, and Pakistan. We discuss the key developments including the potential establishment of an SCO Development Bank.

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