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 Uzbek President has stressed energy cooperation with Russia as a key part of Uzbekistan’s national development, with the first stages of the countries first nuclear power plant being laid down at Jizzakh. Rosatom is building the plant and providing a credit facility. The NPP will provide about 15% of Uzbekistan’s electricity needs.
Tajikistan has the potential to increase its agricultural exports to Russia by another 10% in value, as the two countries Economic Development Ministers. Tajikistan is a source Central Asia’s best quality fruits.
Russia’s Sberbank has plans to open ten branches throughout India to service Russian and Indian clients looking to conduct business in their respective countries. Bilateral trade hit nearly US$70 billion in 2025 and the financial architecture to facilitate and increase this is now being put into place. Most of this trade is in rupees and rubles and avoids SWIFT.
One of India’s largest pharmaceutical companies, Hetero Labs, is investing in a pharma manufacturing plant at the Technopolis Special Economic Zone near Moscow. The company manufacture drugs to deal with treatments of hepatitis, cancer, and tuberculosis.
The Russian and Tanzanian Presidents have met in St.Petersburg. We provide a comprehensive analysis of what was discussed and the opportunities on both sides for trade development and investment.
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Iran is resuming normal trade flows with the Eurasian Economic Union and Russia despite the conflict with the United States. Iran’s problems with the US have been localised to the southern coast, however trade routes north to the Caspian are booming. There has been no “US invasion” to nationally disrupt Eurasain trade flows.
The UAE, despite its Iran/US war problems, is poised to enter into a Free Trade Agreement with the Eurasian Economic Union. The war has meant opportunities exist for Russian and EAEU corporates replacing European investors who have exited.
The St.Petersburg International Economic Forum (SPIEF) has just begun with President Putin set to make an important speech and participate in panel Q&A sessions. This years event includes an official United States delegation attending for the first time for a decade, while the Guest of Honor is the Kingdom of Saudi Arabia. China’s Vice President is also attending. We provide a download of the official programme of events and a breakdown of what to expect. To follow the event as it progresses, click ‘follow’ on our account.
Russia and India are negotiating a potential agreement for India to manufacture the Ilyushin 114-300 turboprop and the SJ-100 superjet under licence from Russia, in India, using both Russian and Indian parts. It could involve up to 200 aircraft.
Russian exports of wheat to Kenya have grown 10% in the first five months of the year, with volumes to Egypt, Sudan and Cameroon also all showing strong increases.
Armenia is holding Parliamentary elections in a few days, with the Russian and Armenian Presidents discussing developments within the Eurasian Economic Union. We take a look at Armenia’s choices between the EAEU and the EU as the political temperature heats up and tensions over Armenia increase. .
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