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.

Commodities
Featured June 21, 2025

International Commodity & Futures Exchange Combining Russia, Kazakhstan, Uzbekistan, India, Iran & China Launched

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
Featured June 21, 2025

Wildberries & Russ Eying the African Consumer Market

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 […]

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South-Africa
June 20, 2025

Russia and South Africa Look to Double Bilateral Trade

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 […]

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Uganda
June 20, 2025

Russia and Uganda Discuss Bilateral Trade & Investment

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 […]

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Burkina Faso
June 20, 2025

Russia and Burkina Faso Sign Nuclear Energy Cooperation Agreement

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. […]

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Dalian
June 19, 2025

FESCO Opens in Dalian (Port Arthur) to Develop Shipping Ties With Vladivostok

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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Indonesia
June 19, 2025

Russia Wants To Increase Investment Into & Expand Exports To Indonesia

Russia is ready to enlarge exports to Indonesia and is interested in joint investment projects, including those in the fuel and energy sector, Russian Foreign Minister Sergei Lavrov has said, following meetings with Indonesian Foreign Minister Sugiono. Lavrov stated that “We have underlined our readiness to enlarge exports of Russian products to the Indonesian market, […]

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Cuba
June 19, 2025

Russia Looking to Invest in & Modernize Cuba’s Energy System

Russian energy companies could help modernize and restore the Cuban energy system, the Russian Energy Ministry said following a meeting between Energy Minister Sergei Tsivilev and Cuban Foreign Trade and Investment Minister Oscar Perez-Oliva Fraga. The parties discussed the involvement of Russian companies in the construction of a new 200 MW power unit and overhauling […]

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Gas-Slovenia
June 19, 2025

Russia, Slovakia Discuss Gas Supplies in Wake of EU Ban

Gazprom CEO Alexei Miller has discussed Russian gas supplies to Slovakia with SPP CEO Vojtech Ferenc. SPP is Slovakia’s largest natural gas supplier, engaged in gas and electricity trading, transportation, and storage. Slovakia owns 100% of the company’s shares. As we reported earlier, the European Commission has proposed ending Russian gas supplies to member countries […]

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BRICS RMB
June 18, 2025

BRICS Energy Alliance Launches Petro-Yuan Contracts To Minimise US Dollar Usage

The BRICS energy alliance has launched a coordinated system of Petro-Yuan (Chinese RMB Yuan currency) oil contracts that directly challenges US dollar dominance in global energy markets. The BRICS controls 46 million barrels per day of oil production and is implementing BRICS plus currency shift mechanisms through Yuan-denominated contracts, Indian Rupee – Russian Ruble swaps, […]

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