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.
Ecuador is discussing the construction of the country’s first low-capacity nuclear power plant with Russia, while France and the United States are also in the running for its NPP construction contracts, according to Fabian Calero, the Ecuadorian Deputy Energy Minister. Calero said that Ecuador is currently working on a new law on nuclear energy and […]
The Chinese government and Chinese businesses are interested in creating a new transport corridor that would extend from Yekaterinburg in the Russian Urals to Russia’s Arctic ports at Yamal. This would be a key part of a longer route that would connect China to the Arctic Ocean and the Northern Sea Route. The interest was […]
The Russian-Kyrgyz Development Fund (RKDF) plans to allocate US$161 million to finance investment projects this year, the RKDF has stated. The fund’s financing amounted to US$149.3 million in 2024. The new figures mean it will increase 7.8% in 2025. During the year, US$141 million is expected to go towards direct project financing, and another US$20 […]
AirBridgeCargo, the largest cargo airline in Russia until 2022, has said it may resume operations in 2025, according to its latest financial statements. These state that “The company is monitoring changes in the geopolitical situation and expects that in 2025 there will be an opportunity to implement plans to resume operations.” AirBridgeCargo suspended flights after […]
The number of African student applicants to study in Russian University agricultural programmes have grown fivefold from 2020-25, according to Russia’s Federal Agency for International Cooperation. Officially known as the Federal Agency for the Commonwealth of Independent States, Compatriots Living Abroad, and International Humanitarian Cooperation (Rossotrudnichestvo) it operates as a federal executive body responsible for […]
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The US President Donald Trump has raised import tariffs on Chinese goods by an astonishing 104% from today, April 9th. The move comes after China rose its tariffs on US goods by an additional 34% two days ago in response to the original tariffs Trump had placed on Chinese imports by the same amount last […]
Russia expanded its assortment of agricultural exports to North Korea in 2024, with the country relaxing some of its covid-era restrictions. Russia resumed exporting sunflower oil, pork, frozen fish and soybeans to North Korea, with wheat, sugar and sunflower oil immediately becoming the top three agricultural exports to the country. The Russian Agroexport Center has […]
The Russian auto manufacturer Sollers has begun the assembly of UAZ vehicles in Cuba, the company has stated. The project has been implemented by Sollers, UAZ distributor Echo-Export LLC, and with the Cuban company EISA. Modern assembly equipment has been installed at a factory located in the industrial zone of the Cuban capital Havana, and […]
The Bank of Russia Chairwoman, Elvira Nabiullina has stated that Russia’s MIR card is being accepted in more countries, despite Western sanctions. She was speaking to the State Duma, the lower house of the Russian parliament. The main countries that are accepting MIR transactions are in friendly countries where Russian tourists tend to visit. Some […]
The Eurasian Economic Commission, the regulatory body overseeing the Eurasian Economic Union (EAEU), has drafted requirements for use of the Authorised Economic Operator (AEO) system. These were determined at the EAEU headquarters, chaired by Alexander Titov, Director of the Department of Customs Legislation and Law Enforcement Practice, and was attended by about 50 representatives of […]
Russia’s FESCO Transport Group has launched a new railway container service from China to Moscow in transit through Mongolia. This new route runs from the city of Wuhu, in China’s Anhui Province, (close to Shanghai), which is known for its engineering, automotive, electronics and chemical factories. The train then travels through northern China, and passes […]
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