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.
Russia’s FESCO Transport Group intends to set up transport and logistics hubs in China and India, according to FESCO’s Vice President for Finance, Leonid Zvyagintsev. The hubs will be used to transport goods both within the Shanghai Cooperation Organization (SCO) countries and to Africa. Zvyagintsev said that FESCO has initiated the transition to digital veterinary […]
Russia’s Nordwind Airlines has requested permission from Russia’s Federal Air Transport Agency (Rosaviatsia) for flight clearance from Moscow to Pyongyang, North Korea. Permission is being sought for flights up to two times a week. There are currently no direct flights between the capitals of Russia and North Korea. Flight times between Moscow and Pyongyang direct would be […]
There has been a significant increase in cargo and passenger flows at the Kraskino checkpoint on the border of Primorsky Krai with China, according to FGKU Rosgranstroy, the government agency that monitors cross-border vehicle traffic. Compared to 2024, the number of vehicles crossing at Kraskino increased by 45% in the January-May period. This included 19,000 trucks, 6,000 buses and 187,000 individuals who […]
The Russian Ministry of Transport has said that it expects that the law on the use of unmanned vehicles on Russian roads will be adopted as early as 2026 and enter into force in Q3 2027, according to Andrey Nikitin, the Deputy Minister. Nitikin said that “We are currently preparing the text of the law […]
Russia and Myanmar have concluded a Bilateral Investment Treaty (BIT) that assists their respective investors with legally binding agreements on mutual protection of investments. BIT can also provide some tax benefits. The document was signed on Friday at the 2025 St. Petersburg International Economic Forum (SPIEF 2025) by Russian Economic Development Minister Maxim Reshetnikov and […]
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Russia’s FESCO transport group has launched a container transport service between Russia and the port of Durban in South Africa, according to German Maslov, vice president of FESCO’s line and logistics division. For exports to South Africa, FESCO organizes shipments from Novorossiysk and St. Petersburg via its own ships to India’s Nhava Sheva port (Mumbai), […]
Russian Deputy Industry and Trade Minister Roman Chekushov has said that the proposed Eurasian Economic Union free trade agreement with Indonesia has seen an initial preliminary agreement signed in St. Petersburg, with plans to sign the full agreement with the participation of all Eurasian Economic Union (EAEU) countries by the end of this year. He […]
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 […]
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 […]
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 […]
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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