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 May 12, 2025

The Promising Future for Grain Exports from Russia to Vietnam

“Due to the fact that wheat is not grown in Vietnam, its domestic demand is fully covered by imports. In 2024, Vietnam purchased 5.45 million tons of wheat, of which 10%, or 531 thousand tons, were of Russian origin… Given Russia’s partnership relations with the Asian country and the time-proven competitiveness of Russian agricultural products, […]

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May 12, 2025

Russian Oil Exports Grew on Low Prices and Freight Rates

Lower oil prices and freight rates contributed to the growth of Russian crude exports. At the end of April, shipments through ports rose to 448,000 tons per day, as calculated in the Center for Price Indices (CPI), returning to the level of December, before the recent introduction of ever-larger U.S. sanctions. Given the stable demand […]

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May 12, 2025

Russia, Nigeria and the Future

The 80th Victory Day celebrations are now over and upon reflection a great many events took place which now can be examined in greater detail. Nigeria and Russia is just one example of sovereign relations that are growing closer, from economics and trade to security issues. From the military side, the Russian Defense Minister Andrey […]

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May 11, 2025

United States Resumes Shipping Makeup and Wild Rice to Russia

In March 2025, the United States exported to Russia wild rice worth about 294.2 thousand dollars, which was a record since 2015. This is reported by the American statistical service. In February Russia resumed buying wild rice from the United States – then it was bought for 154.7 thousand dollars, and by March it was […]

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May 11, 2025

Ruble and Indonesian Rupiah in bilateral trade

BRICS member Russia is hoping to be able to use local currencies when trading with Indonesia one day, although Moscow has not set a target for when the use of the rupiah and the rouble in bilateral commerce could take place. Russia has sent several of its top officials to Indonesia in an effort to […]

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May 11, 2025

Krasnoyarsk Region field named discovery of the year

The Krasnoyarsk Territory retains its position as one of the key Russian regions in hydrocarbon production. The Ministry of Natural Resources and Environment of the Russian Federation named the North Baikalovskoye field in Taimyr as one of the discoveries of 2024. It was included in the list of 39 new hydrocarbon fields in the country. […]

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May 10, 2025

Russia, Republic of Congo Relations: 2025 Update

The Russian President, Vladimir Putin has met Denis Sassou Nguesso, the President of the Republic of the Congo, along with a significant Russian delegation that also included Foreign Minister Sergei Lavrov, Deputy Prime Minister Alexander Novak, Deputy Chief of Staff of the Presidential Executive Office Maxim Oreshkin, Deputy Chief of Staff of the Presidential Executive […]

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May 10, 2025

Russia, Brazil Bilateral Relations: 2025 Update  

The Russian President, Vladimir Putin, has met with the Brazilian President, Luiz Inacio Lula da Silva, in Moscow as part of the Victory Day celebrations. Bilateral discussions were also held at the Kremlin. Both countries are founding members of the BRICS group, with Brazil holding the Chairmanship during 2025.    This is what they had to […]

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May 10, 2025

Russia, Egypt Bilateral Relations: 2025 Update   

Russian President Vladimir Putin has met with President Abdel Fattah el-Sisi of Egypt at the Kremlin on Friday, and described the country as one of Moscow’s “key partners in Africa.” An Egyptian delegation traveled to Moscow to take part in the Victory Day parade on Red Square, and also held bilateral meetings. Putin described the […]

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May 9, 2025

China, Russia, Sign Multiple Agreements Following 7 Hour Putin-Xi Talks: Statements  

Russia and China have signed nearly three dozen agreements following negotiations between presidents Vladimir Putin and Xi Jinping in Moscow. The two leaders talked for more than seven hours, with agreed documents ranging from joint statements on strengthening their comprehensive partnership and strategic cooperation between the two nations, to declarations in support of the global […]

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