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 is interested in setting up production of sunflower oil in Egypt, with the issue raised during a Russian delegation’s visit to Cairo, according to Russian Deputy Prime Minister Alexei Overchuk, who led the delegation. He said that “We have very active cooperation in agriculture with Egypt, which buys ours, and we’re discussing setting up […]
Russia became one of the top five exporters of agricultural products to the Indian market for the first time during 2024, according to Russia’s Agroexport. They mentioned the statistic in a report which it has prepared ahead of a business trip to India for Russian exporters on September 25-28. Agroexport said that Russia retained a […]
The first ‘business accelerator’ in Russia, assisting local businesses to do business in China, has opened in Russia’s Ryazan region. Russian experts possessing China expertise will help prepare local entrepreneurs to work with Chinese partners, according to Pavel Malkov, the regional governor. He stated that “The first country accelerator for China is launching today. Sinology […]
The Head of the European Union’s Foreign Policy, Kara Kallas, has called for a complete ban of the EU issuing visas for Russian nationals, with a post on X stating, “Stop issuing tourist visas to Russians. Visiting Europe is a privilege, not a human right.” That position has been contradicted by the European Commissioner for […]
Russia’s Security Council Secretary, Sergey Shoigu, has been visiting Baghdad and has been holding meetings with Iraq’s top political and military leadership during his visit to the country. Visits of this type typically involve security issues; however, these can also interface with regional trade and investment projects. Shoigu said that communications between Moscow and Baghdad […]
Subscribe to receive exclusive insights and analysis on Trade.
The Shanghai Cooperation Organisation (SCO) and the Eurasian Economic Commission (EEC) are to expand cooperation in the energy and transport sectors, following a working meeting between Arzybek Kozhoshev, the Minister of Energy and Infrastructure of the EEC and T.R, Midhun, the Deputy Secretary General of the Shanghai Cooperation Organisation (SCO) on September 9, in Beijing. […]
The North Siberian Railway, when built, will become part of the Transarctic Transport Corridor, according to Gennady Guselnikov, the Chairman of the Siberian Agreement Association. The Siberian Agreement is an interregional association of economic cooperation of the subjects of the Russian Federation. Currently, the subjects of the Russian Federation consist of three federal districts — […]
The Russian Deputy Prime Minister Alexei Overchuk, who is about to visit Cairo, is to follow up on issues relating to the development of the much-delayed Russian Manufacturing & Development Zone based at Port Said near the Suez Canal. The intergovernmental agreement on the creation of the Russian Industrial Zone within the Suez Canal Economic […]
The International BRICS Competition Law and Policy Centre at Russia’s Higher School of Education (HSE University) has stated that the global grain market is dominated by the largest agribusiness traders, making it economically vulnerable. BRICS countries may want to establish a grain exchange in response, with antitrust regulators invited to participate in its creation. The […]
The Russian Finance Minister, Anton Siluanov, has outlined his vision for the proposed Shanghai Cooperation Organisation (SCO) Development Bank, the formation of which was discussed at the beginning of this month at the annual SCO Heads of State summit in China. The SCO includes full members Russia, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, India, Pakistan, Iran, and […]
The 8th joint annual ministerial meeting of Russia-Gulf Cooperation Council (GCC) Strategic Dialogue was held in Sochi on Thursday (September 11). The meeting was co-chaired by Russian Foreign Minister Sergey Lavrov and Abdullah Al Yahya, the Foreign Minister of Kuwait, who is currently chair of the GCC. Other participants included Abdullatif Al Zayani, the Foreign […]
Русский
