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 Russian Ministry of Foreign Affairs has hosted an informational meeting of the leadership of the Strategic Vision Group ‘Russia – Islamic World’ with the ambassadors of the member states of the Organisation of Islamic Cooperation (OIC). The meeting was co-hosted by Sergey Lavrov, Russia’s Foreign Minister, and Rustam Minnikhanov, of the Republic of Tatarstan, […]
The Russian President, Vladimir Putin, and Sultan Haitham bin Tariq Al Said, the Sultan of Oman, have been holding talks in Moscow to address the main tracks of further development of Russian-Oman cooperation, including the trade-economic, financial-investment and cultural-humanitarian spheres, as well as vital international and regional issues. Oman is strategically located in the south […]
The Russian President, Vladimir Putin, and South Africa President Cyril Ramaphosa have held a telephone conversation to discuss the further development of bilateral cooperation, particularly in trade and economy, as well as investment. South Africa has come under significant United States tariff pressures with Washington imposing a 31% import tariff on all South African goods. […]
The Sudanese Ministry of Energy and Petroleum has announced that two Russian companies, including state-owned Zarubezhneft, and Al-Rassi International Services (LLC), have signed a memorandum of understanding with Sudan’s Bashayer Petroleum Pipelines Company (BAPCO) to cooperate in petroleum services. The parties also addressed possible partnerships with the Sudan National Petroleum Corporation (Sudapet) in oil sector […]
The policy of de-dollarizing the Russian economy has been boosted over the past three years, mainly as an obvious reaction to US dollar sanctions being placed upon the country. Russian Deputy Prime Minister Alexei Overchuk said at the Federation Council that Russia has effectively completed a transition to settlements in national currencies: by the end […]
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In order to maximise the potential of the Northern Sea Route (NSR) and develop it into one of Russia’s key transport lanes, Russia’s Arctic seaports need to be integrated with Russia’s railway and road shipping infrastructure and inland waterways, according to Nikolai Patrushev, Russian presidential aide and the Chairman of Russia’s Maritime Board. Speaking at […]
Two more logistics terminals will be built on the Russian border of Buryatia with Mongolia: one near the Naushki railway checkpoint, the second near the Kyakhta checkpoint, according to the Kyakhtinsky government. The construction projects will begin immediately, and should be completed by 2027. The local newspaper stated that Andrey Fomin, the head of the […]
The Indian Embassy in Moscow has stated that during 2024, the number of Indian tourists visiting Russia exceeded 120,000 people, and added that “If this trend continues, the mutual tourist flow can potentially surpass 450,000 for 2025.” In 2023, around 60,000 Indians visited Russia, while an estimated 160,000 Russians travelled to India – more than […]
Russia’s JSC A7 Holdings, wholly owned by former FESCO co-owner and Board Chairman Andrei Severilov, has founded a new legal entity in the freight transportation sector. According to the Russian Unified State Register of Legal Entities, A7 African Cargo Lines LLC (A7 ACL, Moscow) was registered on April 17 with an initial charter capital of […]
The Iranian Foreign Minister, Abbas Araghchi has been visiting Moscow and has met with both President Putin and Russia’s Foreign Minister, Sergey Lavrov. Apart from mediating in the proposed United States-Iran nuclear agreement, the two sides also held extensive discussions concerning Russia-Iran bilateral relations. Following these, Lavrov held a press conference to describe the latest […]
Russia and Qatar have signed an agreement to establish a new US$2 billion investment platform aimed at strengthening economic ties and boosting bilateral cooperation. The deal was signed on Thursday (April 17) following talks in Moscow between Russian President Vladimir Putin and Qatari Emir Sheikh Tamim bin Hamad Al Thani, who was in Russia on […]
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