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 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 […]
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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 […]
The growth of bilateral trade between Russia and China in the medium term may be more restrained than it has been in recent years, according to Anton Alikhanov, Russia’s Minister of Industry and Trade. He was speaking at the Russian-Chinese business forum in Kazan and said that among the reasons for the slowdown in growth […]
Chinese companies are interested in further localizing their production in Russia, according to Oleg Nepochatov, the CEO of the Ulyanovsk Special Economic Port Zone. He was speaking at the 3rd Sprouts Business Forum which has been held in Kazan. Nepochatov said that “We see the demand of the Chinese companies to deepen localization of their […]
Russia is both developing and integrating its digital transport system with China’s, according to Igor Levitin, an Adviser to the President of Russia and Special Representative for International Transport Cooperation. He was speaking at the Rostki International Forum in Kazan. Speaking at the session on “Russia-China: Logistics Connectivity as a Basis for Sustainable Partnership”, Levitin […]
Russia’s state-owned nuclear power giant, Rosatom, is considering the establishment of a subsidiary in China, according to information on Russia’s public procurement website. The procurement tender includes preparation of a report on the opening of a subsidiary in China and the company’s registration. The report states that the potential Rosatom subsidiary in China would ensure […]
On August 22, Russian Foreign Minister Sergey Lavrov had a telephone conversation with Venezuelan Executive Vice President Delcy Rodriguez Gomez. In the course of the conversation, the two sides confirmed their mutual intention to further strengthen the strategic partnership relations between Russia and Venezuela. The parties discussed current bilateral issues and agreed to increase interaction […]
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