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 July 14, 2025

Russian, Chinese Foreign Ministers Meet In Beijing  

Russia’s Foreign Minister, Sergey Lavrov, met with his Chinese counterpart Wang Yi in Beijing yesterday (July 13) to discuss closer cooperation and global challenges. Lavrov had earlier been in North Korea. The talks came ahead of the upcoming Shanghai Cooperation Organization (SCO) Foreign Ministers’ Council session in Tianjin. Both ministers expressed satisfaction with the progress […]

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July 13, 2025

Russia, North Korea Hold Talks in Wonsan: July 2025 Updates

Russia’s Foreign Minister Sergey Lavrov and Choe Son Hui, the Foreign Minister of the Democratic People’s Republic of Korea, have been holding three-day talks as part of the second round of the strategic dialogue between Russia and North Korea in the new North Korean city of Wonsan on July 11. Kim Jong Un presided over […]

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July 13, 2025

Russia, Pakistan Bilateral Relations: July 2025 Update  

Update: July 15, 2025 Pakistan’s Foreign Minister, Mohammad Ishaq Dar has also met the Russian Foreign Minister, Sergey Lavrov at the Shanghai Cooperation Organisation’s Foreign Minister’s meetings taking place in Tianjin, China. Both countries are full members of the SCO and will be discussing regional security amongst other matters. Full update here. The Russian Foreign […]

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July 12, 2025

Russia-Sri Lanka Bilateral Relations: July 2025 Update

Russia’s Foreign Minister, Sergey Lavrov, has met with Sri Lanka’s Foreign Minister, Vijitha Herath, during the East Asia Summit (EAS) being held in Kuala Lumpur. The EAS includes the ten ASEAN countries, plus Australia, China, India, Japan, New Zealand, Russia, South Korea, and the United States. Sri Lanka is an observer nation. Interestingly, Lavrov began […]

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July 12, 2025

Russia-Cambodia Bilateral Relations: July 2025 Update

Russia’s Foreign Minister, Sergey Lavrov, has met with Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation of the Kingdom of Cambodia, Prak Sokhonn, on the sidelines of the annual ASEAN ministerial held in Kuala Lumpur. They discussed the current state of Russian-Cambodian relations and outlook for trade, economic investment, scientific and technological […]

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July 11, 2025

Russia, Malaysia Bilateral Relations: July 2025 Update

Russin Foreign Minister Sergey Lavrov has held talks with Malaysian Foreign Minister Mohamad Hasan in Kuala Lumpur. The ministers focused on implementing the agreements reached during the Malaysian Prime Minister Anwar Ibrahim’s official visit to Russia in May, and discussed current bilateral and international issues. They focused in particular on regional affairs and prospects for […]

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July 11, 2025

Chinese Tourists Top the Visit Russia Charts

The mutual tourism flow between Russia and China reached 2.7 million visits in 2024 and grew further by 20% in Q1 2025, the Russian Economic Development Ministry has stated. Dmitry Vakhrukov, Russia’s Deputy Economic Development Minister, said, “The total tourism flow reached 2.7 million visits last year. Chinese citizens made 1.2 million tourist trips to […]

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July 10, 2025

Russia, ASEAN Prepare New Five Year Partnership Agreement

Russian Foreign Minister Sergey Lavrov and the top diplomats of the Association of Southeast Asian Nations (ASEAN) member states have been meeting in the Malaysian capital, Kuala Lumpur. These are part of the annual Russia-ASEAN foreign ministers’ meetings. Lavrov will also be attending the East Asia Summit and the ASEAN Regional Forum for security. ASEAN […]

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July 10, 2025

Russian, Chinese Companies To Joint Venture On Manufacturing Precision Wire

Russian and Chinese investors plan to set up a Joint Venture in the Titanium Valley Special Economic Zone (SEZ) to manufacture precision wire for electrolysis equipment, according to Sverdlovsk Region Deputy Governor Vasily Kozlov. He did not name the participants but stated “One of the residents of the Titanium Valley SEZ, in cooperation with a […]

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