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 trade turnover between Russia and China, which grew by almost 2% last year to US$245 billion, can be expected to grow by another US$30 billion in the coming two years, according to Peter Zaselsky, the Chairman of Russia’s Roseximbank. He was speaking at the Far Eastern Economic Forum in Vladivostok. Russia-China trade turnover has […]
Plucky little Laos, in southeast Asia, has just become the latest country to ignore US import tariffs, by stating that it will redirect its US exports to other markets. Laos has been hit with a 40% import duty on its products. What is surprising about this move is that Laos is a relatively small country, […]
Laos could reroute its coffee sales from the US to Russia due to the 40% tariffs imposed by US President Donald Trump, Laotian Prime Minister Sonexay Siphandone has stated. Trump imposed levies on goods from Laos last month as part of a broader flurry of country-specific tariffs aimed at addressing what he called unfair trade […]
The Cypriot-based Burger King Russia is the latest EU listed company to have redomiciled its business from the European Union to Russia, where it will continue to operate as BKR ICLLC. According to the Russian Unified State Register of Legal Entities, Burger King Russia was re-registered on September 1 in Kaliningrad’s special administrative region. The […]
Discussions With Senior Officials From China, Mongolia, Laos, and about the Russian Economy: Full Contents & Analysis The Russian President, Vladimir Putin, has taken part in a series of conversations as part of the Far Eastern Economic Forum in Vladivostok. Other participants included Sonexay Siphandone, the Prime Minister of Laos, Gombojav Zandanshatar, the Prime Minister […]
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The United States Secretary of Commerce, Howard Lutnick, has made some rather extraordinary demands of India when it comes to assessing their trade position with the US. With India now subjected to 50% tariffs on its exported goods to the American market, Lutnick claimed that ‘the customer is always right’ and that India should stop […]
The Russian President, Vladimir Putin, has been attending the celebrations for the end of World War II in Beijing and has had the opportunity to discuss bilateral relations with other attendees, including with the Vietnamese President, Luong Cuong. This is what they had to say: Vladimir Putin: “Mr President, friends, I am delighted to hold […]
Russia and Laos have discussed energy cooperation prospects, with Russian Deputy Energy Minister Roman Marshavin, taking part in negotiations with Laos Prime Minister Sonexay Siphandone. The meetings were held in Vladivostok on the sidelines of the Far Eastern Economic Forum. Russia’s Energy Ministry stated that “The sides discussed a number of prospective cooperation areas, including […]
The Russian President, Vladimir Putin, has been attending the celebrations for the end of World War II in Beijing and has had the opportunity to discuss bilateral relations with other attendees, including with the Republic of Congo’s President, Denis Sassou Nguesso. This is what they had to say: Vladimir Putin: “Mr President, I am delighted […]
Russia’s VTB has secured the principal approval of the Central Bank of Iran to open a branch in the country and will offer customers international settlements in national currencies as part of its servicing foreign commerce, according to Olga Basha, a VTB board member. She was speaking at the Eastern Economic Forum currently taking place […]
The Russian President, Vladimir Putin, has been attending the celebrations for the end of World War II in Beijing and has had the opportunity to discuss bilateral relations with other attendees, including North Korea’s Kim Jong-un. This is what they had to say: Vladimir Putin: “Mr Chairman of State Affairs of the Democratic People’s Republic […]
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