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.
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 […]
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, […]
The European Commission is preparing to ban new gas supplies with Russia, which includes the banning the signing of any new contracts with pertinent gas suppliers with immediate effect, and terminating all longer-term contracts by January 1, 2028. However, this initiative is planned to be implemented in such a way as to avoid the possibility […]
North Korea will send thousands of engineers and military personnel to Russia’s Kursk Region to assist in demining operations and reconstruction efforts, Russian Security Council Secretary Sergey Shoigu said on Tuesday (June 17). He has been in Pyongyang to discuss investment and security issues with the North Korean leader, Kim Jong-un. North Korean troops fought […]
Russia’s H&N (Health & Nutrition), which incorporates the former assets of France’s Danone that exited Russia, increased its revenue 21.6% to over ₽140 billion (€1.54 billion) last year, while production grew 20.6% to nearly 950,000 tonnes. Danone, which had operated successfully in Russia for over 30 years, completed its Russian business sale to Vamin R LLC of Tatarstan […]
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Turkmenistan’s Deputy Prime Minister Khojamyrat Geldimyradov has stated during the Russian National Day celebrations (June 12) at the Russian embassy in Ashgabat, that Russia is a key trade partner of Turkmenistan with 2024 bilateral trade exceeding US$1.6 billion. He said that bilateral trade grew 58% between January and May this year alone. If maintained, that […]
The German Economic Institute has reported that Russia’s exports have grown considerably compared to figures recorded prior to the Ukraine conflict and despite sweeping Western sanctions. In a report published on Friday (June 13), the institute stated that “despite all European efforts, Moscow is ‘skilfully exploiting the loopholes in the sanctions regime to expand its financial resources.’” […]
Russian President Vladimir Putin has held discussions with both Israeli Prime Minister Benjamin Netanyahu and the Iranian President Masoud Pezeshkian in the wake of this weekend’s attacks by Israel on Iran and the subsequent Iranian retaliation. It is believed he is the only world leader still able to discuss – and potentially mediate – between […]
Bilateral trade between China and Russia continues to decline, with Russian exports of hydrocarbons decreasing both in physical and monetary terms, according to the latest data from the General Administration of Customs of the People’s Republic of China. In the first five months of this year, the volume of trade between Russia and China decreased […]
While Russia, under increasing sanctions, is looking for new logistical supply chains, strengthening cooperation with North Korea, and planning new international routes, the Central Asian countries continue to seize the moment to build as many transport corridors as possible through their territories, consolidating their place not only in the regional but also in the global […]
The Brazilian Foreign Ministry has confirmed that Vietnam has become a BRICS partner country, saying, “The Brazilian government announces Vietnam’s official accession as a partner country.” Brazil is the 2025 Chair of the BRICS group. According to the ministry, Vietnam has become the association’s 10th partner, and stated that the country “shares with BRICS members a commitment […]
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