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.
China’s Jilin Province Logistics Group and Russia’s RZD Logistics have signed an agreement that aims aim to develop a new Eurasian logistics artery along a cross-border route that will connect the city of Changchun (the administrative centre of China’s Jilin province), the Hunchun cross-border checkpoint in Jilin, and Moscow. The agreement provides for several initiatives […]
During his speech at the Central Asia-Russia Summit in Dushanbe last week, Kazakh President Kassym-Jomart Tokayev highlighted the strengthening of transport and logistics ties with Russia as a priority area of cooperation. Tokayev said “For Kazakhstan, cooperation with Russia is strategically vital. In view of the geographic factor, Kazakhstan can ensure a stable connection between […]
Russian exporters are aiming to increase wheat sales in Indonesia and hope especially to begin exporting wheat with 12.5% protein content to the country, according to the Russian Union of Grain Exporters and Producers. They were discussing the potential of following a trade delegation to Jakarta. The Union stated, “We have discussed the tests conducted […]
The trade turnover of fish products between Russia and Vietnam reached US$212.4 million in value during 8M 2025, almost equal to the figure for the same period last year. The relevant private businesses of both countries operating in this sphere are now intensifying cooperation to expand this trade. According to the Russian Fisheries Association (VARPE), […]
Trump-Putin Budapest Summit: October 22 Update The planned summit between Presidents Trump and Putin in Budapest, tentatively scheduled for October 30th, has been reported as postponed in leading Western media outlets, although Russian President Vladimir Putin’s special economic envoy, Kirill Dmitriev, has denied the reports. Dmitriev stated that “Media is twisting the comment about the ‘immediate […]
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Russia has overtaken its rivals to become Europe’s largest cryptocurrency market by transaction volume, according to data from Singapore’s blockchain analytics firm Chainalysis. In a report released on Thursday (October 16), Chainalysis said that from July 2024 to June 2025, Russia received US$376 billion in crypto value—up from US$256.5 billion a year earlier and surpassing […]
The Russian Foreign Minister, Sergey Lavrov, has held discussions in Moscow with Nasser Bourita, the Minister of Foreign Affairs of the Kingdom of Morocco. They had also met last month in New York. Lavrov had this to say: “We reiterated mutual firm commitment to continuing joint work aimed at further strengthening the traditionally friendly and […]
The Russian‑Indian joint venture company Kinet has showcased the first design of a new high‑speed sleeper coach at the International Railway Equipment Exhibition in New Delhi. Kinet is a joint venture between Russian rolling stock companies and Indian government-owned Rail Vikas Nigam Limited (RVNL) for the manufacturing and maintenance of 120 Indian ‘Vande Bharat’ high-speed […]
A tunnel crossing the Bering Strait, connecting the Russian Far East and Alaska, would take less than eight years to build, at a cost of about US$8 billion, according to Kirill Dmitriev, the CEO of the Russian Direct Investment Fund (RDIF). Dmitriev was educated at Harvard and worked as an investment banker at Goldman Sachs […]
The Russian President, Vladimir Putin, has been holding talks in the Kremlin with Ahmed al-Sharaa, the President of Syria, who is in Russia on a working visit. While Russia was close to the previous Assad regime, relations between Moscow and Damascus have always been friendly, Putin told al-Sharaa. He said that in its relations with […]
The Russian Deputy Prime Minister Alexander Novak and Saudi Arabian Energy Minister Abdulaziz bin Salman, as co-chairs of the Russia-Saudi Arabia Intergovernmental Commission, have discussed current issues of interaction in key sectors of the economy. The Russian government’s press service said that “special attention was paid to cooperation in the energy sector. Deputy PM Novak […]
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