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 Russian President, Vladimir Putin, has made a keynote speech to the Heads of State attending the Shanghai Cooperation Organisation annual summit in Tianjin, China. He discussed the ending of World War II in Asia, the roles and cooperation of the SCO, reform at the United Nations, the new SCO 2035 Strategy, Intra-SCO trade, financial […]
Now the 2025 Heads of State summit of the Shanghai Cooperation Organisation have finished, attention turns to a related event – the meetings of the SCO +. This is a huge bloc, as can be seen by the image of the ASEAN Secretary-General, Dr. Kao Kim Hourn, walking past participating country national flags at the […]
The annual Heads of State meeting of the Shanghai Cooperation Organisation (SCO) is set to take place in Tianjin, northern China from August 31 to September 1. It will be attended by more than 20 heads of state, including Russian President Vladimir Putin, in addition to the heads of 10 international organizations, such as the […]
The Russian President, Vladimir Putin, has given an interview to Xinhua, the Chinese state-owned media group, on the eve of the upcoming Shanghai Cooperation Organisation (SCO) annual heads of state meetings, which begin on Sunday (August 31). In the interview, Putin discusses his relationship with Chinese President Xi Jinping, the historic role of the USSR […]
Consumer interest in Russian wine is rising amid systematic operations to develop the industry and improve product quality, according to the Russian Agriculture Ministry, which stated that “Over 60% of wine on store shelves and in restaurants is now domestically produced, with Russian consumers increasingly choosing Russian wine.” Wine production in Russia is also growing, […]
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The Russian Foreign Minister, Sergey Lavrov, has been meeting with the Turkmenistan Foreign Minister, Rashid Meredow, in Moscow, with the two sides set to develop trade and economic cooperation, including in transport, logistics, and energy projects, Lavrov said after the talks. They had previously met in June, in Ashgabat on 25 June and signed a […]
Russia and West Africa’s Burkina Faso are discussing plans to launch direct flights between their respective capitals—Moscow and Ouagadougou—aimed at boosting tourism, according to Aristide Tapsoba, the Burkina Faso Ambassador to Russia. Tapsoba made the comments at Technoprom 2025, the ongoing international forum on technological development, in Novosibirsk. Tapsoba added, “We already have a Russian […]
Russia is to invest more than ₽500 billion (US$6.2 billion) in the development of Krasnodar’s port infrastructure by 2030, according to Nikolai Patrushev, the Chairman of Russia’s Maritime Board. He stated that “About 20 projects with a total investment of over ₽500 billion are planned to be implemented in the ports of the Krasnodar Territory […]
The Standing Committee of the Russia-Belarus Union State has supported a proposal to create a credit rating agency, the committee has said. The move is necessary, as Western credit ratings agencies, including Fitch, Moody’s, and S&P, pulled out of these markets in 2022, making it extremely difficult for banks and companies in Russia and Belarus […]
Russian-Chinese cooperation in aircraft engine manufacturing was discussed during Russian Industry and Trade Minister Anton Alikhanov’s visit to China this week, according to the Russian Trade Ministry. Alikhanov visited a Chinese aero-engine institute as well as technological development and innovation centers. First Deputy Russian Prime Minister Denis Manturov said over a year ago in Beijing […]
Gazprom has signed a memorandum of understanding with the Mongolian government aimed at developing a partnership in the oil and gas sectors. The document was signed during a working visit by a delegation from PJSC Gazprom led by Gazprom Mongolia Chairman Alexei Miller, Gazprom has stated. Miller held working meetings with Ukhnaagiin Khürelsükh, the Mongolian […]
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