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-Philippines Commission on Trade and Economic Cooperation has been meeting, with , Russian Deputy Industry and Trade Minister Alexei Gruzdev saying that cooperation between Russia and the Philippines in the energy sector could become one of the drivers for the growth of trade turnover between the two countries. Gruzdev said “We see good prospects […]
The Uzbekistan President, Shavkat Mirziyoyev has signed a decree for the country’s accession to the Eurasian Development Bank (EDB), with the country purchasing 777,777 shares in the EDB’s charter capital with a nominal value of US$1,000 each. Of these, 168,411 shares (21.7%) are paid-in, and 609,366 shares (78.3%) are to be paid upon demand. The […]
The St. Petersburg International Mercantile Exchange (SPIMEX) and Pakistan-based KMAK Group have signed a memorandum of understanding on the development of exchange trading, SPIMEX has stated, following a meeting of the Russia-Pakistan Intergovernmental Commission for trade and investment. SPIMEX stated that “Wheat is being considered as the Russian export commodity for the first transactions, and […]
The Russian Finance Ministry is to hold negotiations in response to a request from Bahrain to conclude a Double Tax Treaty Agreement (DTA), according to Deputy Finance Minister Alexei Sazanov. Bahrain made the request in June. DTAs are useful when trade, especially in services and investment, is developing between two countries when their respective tax […]
Russia is interested in setting up production of sunflower oil in Egypt, with the issue raised during a Russian delegation’s visit to Cairo, according to Russian Deputy Prime Minister Alexei Overchuk, who led the delegation. He said that “We have very active cooperation in agriculture with Egypt, which buys ours, and we’re discussing setting up […]
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Russia became one of the top five exporters of agricultural products to the Indian market for the first time during 2024, according to Russia’s Agroexport. They mentioned the statistic in a report which it has prepared ahead of a business trip to India for Russian exporters on September 25-28. Agroexport said that Russia retained a […]
The first ‘business accelerator’ in Russia, assisting local businesses to do business in China, has opened in Russia’s Ryazan region. Russian experts possessing China expertise will help prepare local entrepreneurs to work with Chinese partners, according to Pavel Malkov, the regional governor. He stated that “The first country accelerator for China is launching today. Sinology […]
The Head of the European Union’s Foreign Policy, Kara Kallas, has called for a complete ban of the EU issuing visas for Russian nationals, with a post on X stating, “Stop issuing tourist visas to Russians. Visiting Europe is a privilege, not a human right.” That position has been contradicted by the European Commissioner for […]
Russia’s Security Council Secretary, Sergey Shoigu, has been visiting Baghdad and has been holding meetings with Iraq’s top political and military leadership during his visit to the country. Visits of this type typically involve security issues; however, these can also interface with regional trade and investment projects. Shoigu said that communications between Moscow and Baghdad […]
The Shanghai Cooperation Organisation (SCO) and the Eurasian Economic Commission (EEC) are to expand cooperation in the energy and transport sectors, following a working meeting between Arzybek Kozhoshev, the Minister of Energy and Infrastructure of the EEC and T.R, Midhun, the Deputy Secretary General of the Shanghai Cooperation Organisation (SCO) on September 9, in Beijing. […]
The North Siberian Railway, when built, will become part of the Transarctic Transport Corridor, according to Gennady Guselnikov, the Chairman of the Siberian Agreement Association. The Siberian Agreement is an interregional association of economic cooperation of the subjects of the Russian Federation. Currently, the subjects of the Russian Federation consist of three federal districts — […]
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