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.
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 […]
Update: Following Ural Chamber of Commerce and Industry (UCCI) President Andrey Besedin remarks concerning the immigration of up to 1 million Indian workers to Russia this year, Russia’s Labor Ministry has denied that such plans are in place, saying that the Federal government’s quotas for foreign workers have already been set. In 2025, just under […]
The Russian Foreign Minister, Sergey Lavrov, met with Mauro Vieira, the Foreign Minister Brazil on the sidelines of the BRICS summit in Rio de Janeiro. Brazil is a founding member of BRICS and the host country of this year’s event. During their conversation, Lavrov and Viera discussed upcoming Russian-Brazilian dialogue, and coordinated their actions in […]
The Russian Foreign Minister, Sergey Lavrov has met with Foreign Minister Mexico, Juan Ramon de la Fuente Ramirez on the sidelines of the BRICS summit in Rio de Janeiro. Mexico is not a member or partner BRICS nation; however the country was invited as an observer. Lavrov and Fuentes discussed key issues related to Russian-Mexican […]
The Russian Foreign Minister Sergey Lavrov has met with Foreign Minister of Türkiye, Hakan Fidan on the sidelines of the BRICS Summit in Rio de Janeiro. The two ministers had an in-depth exchange of opinions on the current international situation, and discussed their key bilateral issues, including the implementation of strategic projects in the energy […]
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The Russian Foreign Minister, Sergey Lavrov has met with President of Bolivia, Luis Alberto Arce Catacora on the sidelines of the BRICS summit in Rio de Janeiro. They discussed topical issues of bilateral cooperation in various areas, including interaction in trade and the economy, prospects for the implementation of large investment projects, as well as […]
The Russian Foreign Minister, Sergey Lavrov, has met with the Director-General of the World Trade Organisation Ngozi Okonjo-Iweala on the sidelines of the BRICS summit in Rio de Janeiro. They both reaffirmed the need for prompt reform of the WTO based on inclusiveness, non-discrimination, transparency and mutual respect, and exchanged views on several aspects of […]
The Russian President, Vladimir Putin, gave a speech at the main Plenary session of the BRICS 2025 annual Heads of State summit currently being held in Rio de Janeiro. In it, he discussed the BRICS growth, economic data, global payment systems and several potential new initiatives including the creation of a BRICS carbon trade mechanism, […]
The Russian Foreign Minister, Sergey Lavrov, has been representing Russia at the BRICS 2025 Heads of State annual meetings in Rio de Janeiro. He spoke at a session themed “Strengthening the Multilateral World Order, Financial and Economic issues, & Artificial Intelligence.” Lavrov’s comments mainly focused on the current state of the global economy, the need […]
Russia and São Tomé & Principe have discussed enhancing bilateral cooperation in areas including military affairs and agriculture, the Russian Ministry of Foreign Affairs has stated. Vladimir Tararov, the Russian ambassador to São Tomé & Principe, met with Sao Tomean Prime Minister Americo Ramos for talks on July 2nd, which, according to the embassy, focused on “current topics of […]
Russia’s Yuzhny Port terminal in Moscow has received a train with consumer goods from China for the first time, according to Russian Railways Logistics. The cargo was destined for the Southern Port Terminal, which has launched a regular import container service, with trains being prepared at China’s main Hefei city railway station and transiting through […]
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