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 June 10, 2025

Russia-North Korea Direct Rail Services Pyongyang-Khabarovsk and Pyongyang-Moscow Start This Month

North Korea has completed renovations to a train station on the Tumen River, located just across the border from Russia, with a groundbreaking ceremony held on Tuesday, the official North Korean newspaper Rodong Sinmun has reported. Located in Rason, a special economic zone bordering Russia, the station is directly linked to Russia’s Khasan station in […]

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Featured June 10, 2025

Russia, Dagestan Relations & Trade: 2025 Update  

The Russian Foreign Minister, Sergey Lavrov, has met Sergey Melikov, the Head of the Republic of Dagestan in Moscow. Dagestan is an autonomous Republic within the Russian Federation, and a primarily Muslim region.   Lavrov stated that “Muslims from Dagestan and Russia are making an important contribution to keeping centuries-old traditions of Islam and strengthening spiritual […]

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June 10, 2025

Novorossiysk Seaport To Expand Throughput Capacity to 250 Million Tons by 2030

According to forecasts by the Association of Exporters and Importers (AEI) of Russia, significant growth in export cargo flows through the port of Novorossiysk in the Krasnodar Territory is expected by 2030. The volume of exports could reach 250 million tons per year. To cope with the existing shortage of port throughput capacity, several initiatives […]

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June 10, 2025

Uzbekistan Expected To Join BRICS New Development Bank

The board of governors of the BRICS New Development Bank (NDB) has given its consent in principle for Uzbekistan to join the bank, according to Uzbekistan’s presidential press service. Uzbek President Shavkat Mirziyoyev and BRICS New Development Bank Governor Dilma Rousseff have discussed developing collaboration and the prospects for Uzbekistan to join the NDB. Uzbekistan’s […]

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June 9, 2025

Russia-Abkhazia Bilateral Relations & Trade: 2025 Update

The Russian Foreign Minister Sergey Lavrov has met with Oleg Bartsits, the Foreign Minister of the Republic of Abkhazia, in Moscow to discuss bilateral plans and continued development efforts in the South Caucasus region. The meeting was the first since Bartsits’ appointment in April. He had previously been a trade representative for Abkhazia in Moscow. […]

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June 9, 2025

Russian Use Of Crypto – USDT (Tether) versus Non-USD Alternatives

Russians relying on cryptocurrency transactions will need to change their usage to comply with new Russian Central Bank regulations implementing new rules for foreign digital rights (FDR). These regulations, which came into effect on May 26, prohibit individuals from acquiring USDT and other unfriendly US dollar-aligned stablecoins. The alternatives would appear to be gold-backed such […]

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June 9, 2025

Russian Food Exports to Vietnam Up 27% in 5M 2025

Russia exported over US$150 million worth of food products to Vietnam in January-May, up 27% compared to the same period of 2024, according to the Russian Agroexport federal centre. The key commodity in these shipments was pork, with export values amounting to US$107 million—nearly double the figure for January–May 2024. Frozen pork accounted for 77.6% […]

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June 8, 2025

Analyzing Russia’s 2024-2030 Export Growth

Russia’s non-resource, non-energy exports are adapting to new conditions and strengthening their positions in the eastern and southern markets, with the ‘Made in Russia’ brand helping to increase Russia’s foreign trade balance by almost 8% last year. Exports to Africa and Asia in particular are continuing to grow. The state is supporting Russian exporters, helping […]

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June 7, 2025

Russia, Iran To Collaborate On Satellite Production 

Iran’s Ambassador to Russia, Kazem Jalali, and Russia’s Roscosmos CEO Dmitry Bakanov discussed the joint production of satellites at a meeting on Friday (June 6) Iran’s embassy has stated. The embassy said “The two sides exchanged views and discussed the several aspects of space cooperation between Russia and Iran: development of advanced technologies, joint design […]

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