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 Chinese cargo ship Heng Yang 9 – which is registered in Panama – has visited Sevastopol in Crimea, marking the first major foreign vessel to use one of the Crimean ports since 2014, when hostilities with Ukraine first broke out and sanctions were imposed on the territory. While China has not adopted the western […]
The Russian Foreign Minister, Sergey Lavrov, has met with Julio Antonio Garmendia Peña, the Cuban Ambassador to Russia, at the conclusion of his diplomatic mission in Moscow. The two men evaluated the results of collaborative efforts to fortify the strategic partnership between Russia and Cuba, with discussions encompassing pivotal issues on both the bilateral and […]
Cooperation Agreements have been signed by the government of Nicaragua and the Donetsk People’s Republic, the Lugansk People’s Republic, the Zaporozhye and Kherson regions, and the City of Sevastopol (Crimea), with the ceremony taking place on Monday (September 22). The documents were signed by the heads of the Russian regions and Laureano Ortega, the Special […]
Russia’s largest banks are expanding their services to facilitate direct payments abroad in foreign currencies, with new technologies helping to bypass Western sanctions. This means that Russian businesses will once again be able to freely send dollars, euros, or yuan to any country. Sovcombank has already launched this mechanism, while Sberbank and other Russian banks […]
The celebration of the Jewish New Year will begin today, on the evening of September 22. The celebrations will take place throughout the Jewish Autonomous Region (JAO) bordering China in the Russian Far East. The population of the region is 144,400 people. The JAO borders mainland China. Established in 1934, what became the JAO region […]
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Russia’s VTB bank conducted a share issue on the Moscow Stock Exchange (MOEX: VTBR) on September 18, in the largest issuance in Russia for the past three years. It was also the largest share placement of a financial institution in Europe over the past 12 months. The issue generated considerable interest among stock market participants, […]
The Russian Industry and Trade Minister, Alexei Gruzdev, has said that he considers the entry of Russian commercial vehicles into the Philippine market promising, with the possibility of Russian investors localizing production in the country to service the market. Russia’s GAZ auto is already making deliveries to the Philippines from its facility in Vietnam, he […]
The Russian-Philippines Commission on Trade and Economic Cooperation has been meeting, with , Russian Deputy Industry and Trade Minister Alexei Gruzdev saying that cooperation between Russia and the Philippines in the energy sector could become one of the drivers for the growth of trade turnover between the two countries. Gruzdev said “We see good prospects […]
The Uzbekistan President, Shavkat Mirziyoyev has signed a decree for the country’s accession to the Eurasian Development Bank (EDB), with the country purchasing 777,777 shares in the EDB’s charter capital with a nominal value of US$1,000 each. Of these, 168,411 shares (21.7%) are paid-in, and 609,366 shares (78.3%) are to be paid upon demand. The […]
The St. Petersburg International Mercantile Exchange (SPIMEX) and Pakistan-based KMAK Group have signed a memorandum of understanding on the development of exchange trading, SPIMEX has stated, following a meeting of the Russia-Pakistan Intergovernmental Commission for trade and investment. SPIMEX stated that “Wheat is being considered as the Russian export commodity for the first transactions, and […]
The Russian Finance Ministry is to hold negotiations in response to a request from Bahrain to conclude a Double Tax Treaty Agreement (DTA), according to Deputy Finance Minister Alexei Sazanov. Bahrain made the request in June. DTAs are useful when trade, especially in services and investment, is developing between two countries when their respective tax […]
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