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 Ruble has strengthened against the US dollar by 38% in over-the-counter trading since the beginning of the year, becoming the world’s most profitable currency due to the US dollar weakening amid new American duties, according to Bloomberg, who cited economists. Among them was Sofya Donets, an economist at T-Investments, who stated “Unlike many […]
Russia’s Murmansk Arctic Port, near to Norway and originally intended to service Northern Europe, has been sanctioned by the EU and remains off limits for use by European operators. However with the increasing use of the Northern Sea Route, it is ideally positioned to take advantage of Western Russian exports to China and Asia, a […]
Russia’s Agroexport Centre has stated that Russia has the potential to increase dried lentil exports to Turkiye to values of US$150 million by 2030. Russia’s main competitors on the Turkish lentil market are Canada, Kazakhstan and Australia. Russian lentil exports to Turkiye fell to US$76.1 million last year from US$100.6 million in 2023, with exports […]
Russia’s Energy Strategy: Crude Oil Production and Export Outlook to 2050 – a document outlining the country’s vision for the energy sector and response to global challenges – was approved by Prime Minister Mikhail Mishustin on Monday. It provides a conservative approach to crude oil production, aiming to stabilize output at approximately 10.84 million barrels […]
The Board of the Eurasian Economic Commission has approved an internal report concerning market analysis of the most promising markets and industries for the joint export of non-primary, and high-tech products of the member States of the Eurasian Economic Union (EAEU). The EAEU includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. It has free trade agreements […]
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Russia’s container transhipment volumes in its Northwestern Ports such as St.Petersburg continue to recover after volumes fell in 2022. This new growth trend has made it possible to maintain a surplus of terminal capacity and introduce new quality of direct line services without transhipment in European ports, according to Leonid Shlyakhturov, Executive Director of FESCO […]
The Russian Foreign Minister, Sergey Lavrov, has been attending the annual meeting of the Foreign Ministers of the Commonwealth of Independent States (CIS) in Almaty. The meetings included the Foreign Ministers of Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Turkmenistan, and Uzbekistan. Following the discussions, Lavrov held a Press Conference and took related questions. In this article, he […]
Russia’s Deputy Energy Minister Roman Marshavin has held videoconference discussions with Sri Lanka’s Minister of Power and Energy, Kumara Jayakody, as well as representatives of Sri Lanka’s energy companies. Sri Lanka has been hit by an economic crisis and lacks sufficient energy production. The two sides discussed prospects for joint investment projects in the fuel […]
The 8th Session of the India-Russia Working Group on Priority Investment Projects has been taking place in Delhi, co-chaired by Amardeep Singh Bhatia, Secretary of the Indian Department for Promotion of Industry and Internal Trade, and Vladimir Ilichev, Russia’s Deputy Economic Development Minister. The session took place in the framework of the India-Russia Intergovernmental Commission […]
The Russian Deputy Russian Prime Minister Alexander Novak, Energy Minister Sergei Tsivilev and several other energy officials have been holding discussions with Magzum Mirzagaliyev, advisor to the Kazakh president, and Kazakh Energy Minister Erlan Akkenzhenov. Other officials from the Russian and Kazakh energy ministries also attended. The issues were cooperation in the nuclear and financial […]
Russian Deputy Foreign Minister Mikhail Bogdanov has held talks with Mohamed Siraj, the Sudanese ambassador to Moscow, to discuss the ongoing conflict in Sudan, the Russian Foreign Ministry has stated. Since April 2023, Sudan has been gripped by fierce fighting between the paramilitary Rapid Support Forces (RSF) and the Sudanese Armed Forces (SAF), with […]
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