Trade News & Analysis

Trade

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.

Featured May 12, 2026

Russia – South Ossetia Bilateral Relations Update: May 2026

Russian President Vladimir Putin has met with the South Ossetian President, Alan Gagloev, in Moscow. South Ossetia is a semi-autonomous, partially recognised state in the north Caucasus that ceded from Georgia in 2008. The South Ossetian economy is heavily reliant on Russia, however a new strategic development plan has been agreed that aims to increase the countries GDP by 60% by the end of 2030. We examine the details.

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Featured May 12, 2026

Russia – Republika Srpska Bilateral Relations Update: May 2026

Russia’s President Putin has met with the recently elected president of Republika Srpska, Sinisa Karan. The Republika is a largely autonomous part of Bosnia & Herzegovina, an EU candidate state in the Balkans. Consequently, the geopolitical situation largely created by the breakup of Yugoslavia remains highly complicated. The Republika wishes to continue relations with Moscow at a time when Bosnia & Herzegovina and the European Union does not. We discuss the current state of play and the bilateral relations between Moscow and Banja Luka.

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May 11, 2026

Volga-Caspian Maritime Route To Be Developed To Service Exports To Iran 

Russia is enhancing its marine section of the INSTC to better support transport and logistics links to Iran, with the Volga-Caspian route undergoing substantial improvements to better connect Russia’s southern Urals regions with markets in the Middle East. We provide a detailed overview of these extensive development plans.

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May 10, 2026

Analysis of Putin’s May 9 Press Conference, His Meetings with Global South Leaders, and the Direction of Russia’s Pivot to the Global South

Russia’s President Putin gave a detailed speech on May 9 (Victory Day) in which he discussed his thoughts and Russia’s strategy as concerns its immediate direction towards the Global South. He commented specifically about Central Asia, the Middle East, South Asia and China as well as Europe, and how he sees global developments pan out. This article will be of interest to all Russia-watchers, geostrategic analysts as well as politicians in the West and Global South.

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