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 Ministry of Transport has said that it expects that the law on the use of unmanned vehicles on Russian roads will be adopted as early as 2026 and enter into force in Q3 2027, according to Andrey Nikitin, the Deputy Minister. Nitikin said that “We are currently preparing the text of the law […]
Russia and Myanmar have concluded a Bilateral Investment Treaty (BIT) that assists their respective investors with legally binding agreements on mutual protection of investments. BIT can also provide some tax benefits. The document was signed on Friday at the 2025 St. Petersburg International Economic Forum (SPIEF 2025) by Russian Economic Development Minister Maxim Reshetnikov and […]
Russia’s FESCO transport group has launched a container transport service between Russia and the port of Durban in South Africa, according to German Maslov, vice president of FESCO’s line and logistics division. For exports to South Africa, FESCO organizes shipments from Novorossiysk and St. Petersburg via its own ships to India’s Nhava Sheva port (Mumbai), […]
Russian Deputy Industry and Trade Minister Roman Chekushov has said that the proposed Eurasian Economic Union free trade agreement with Indonesia has seen an initial preliminary agreement signed in St. Petersburg, with plans to sign the full agreement with the participation of all Eurasian Economic Union (EAEU) countries by the end of this year. He […]
Multiple Eurasian commodity and futures exchanges have signed a declaration on establishing the International Association of Commodity and Futures Exchanges. This new association is intended to become a platform for interaction among commodity and futures exchanges from EAEU+, SCO, and BRICS+ countries. This will enable coordinated policies for developing organized commodity markets. Participants include the […]
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Wildberries & Russ, Russia’s version of Amazon, is preparing to enter Africa, according to CEO Robert Mirzoyan. He was speaking at the St. Petersburg International Economic Forum (SPIEF) and said, “For us, the main priorities now are to strengthen our positions in the countries where we already operate and to launch in the countries of […]
The Russian Prime Minister Mikhail Mishustin met with South African Vice President Paul Mashatile in Moscow on Wednesday (June 18) with a push to double trade turnover between the two BRICS nations. The two officials discussed deepening bilateral cooperation across a range of sectors, including energy and agriculture. Mashatile said, “Our markets are open to […]
The Russian Foreign Minister Sergey Lavrov has met with his Ugandan counterpart, Jeje Odongo, in Moscow. Lavrov stated, “We welcome Uganda as a BRICS partner country, and look forward to active cooperation with our Ugandan friends in this new format.” Uganda became a BRICS partner in January this year. Lavrov and Odongo discussed a broad range of […]
Russia and Burkina Faso have formalized a deal to expand peaceful nuclear energy cooperation, including joint projects in radiation technologies and the training of specialists from Burkina Faso. The agreement was signed on Thursday (June 19) by Alexey Likhachev, CEO of Russia’s state nuclear corporation Rosatom, and Burkina Faso’s Energy Minister Yacouba Zabré Gouba in St. Petersburg. […]
The transport of goods in containers in international traffic throughout the Commonwealth of Independent States (CIS) increased by 15.5% in 2024, to 72.3 million tonnes, according to Oleg Belozerov, Head of the Council and Head of Russian Railways. Belozerov was speaking at a meeting of the Council on Railway Transport of the Commonwealth member States […]
Russia’s FESCO Transport Group has opened an office in Dalian, China, with the aim of developing container transportation and expanding the logistics presence in China’s industrial northeast. The facility will focus on the operations of the regular FESCO China Direct Line-2 (FCDL-2) marine service, which connects Dalian, as well as Rizhao, Lianyungang, and Xingang, with […]
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