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 April 10, 2025

Russia’s AirBridgeCargo May Resume Operations During 2025  

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 […]

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Featured April 9, 2025

African Agriculture Student Applications For Study In Russia Increase 500%

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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April 8, 2025

Russia Developing Agricultural Export Trade With North Korea

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 […]

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April 8, 2025

Russia Begins UAZ Auto Assembly In Cuba  

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 […]

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April 8, 2025

Russia’s MIR ATM Cards International Use: Update

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 […]

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April 7, 2025

Eurasian Economic Union To Adopt Goods Trade Accounting System 

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 […]

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April 7, 2025

Russia’s FESCO Launches New Anhui-Mongolia-Moscow Rail Container Service

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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April 6, 2025

Russia’s Pivot To Asia: New 2025 Guide To Latin America

Russia’s Pivot To Asia has just published their 2025 Guide to Latin America, a unique publication that includes details of Russia’s diplomatic, trade and investment engagement with Argentina, Bolivia, Brazil, the Caribbean, Cuba, Chile, Colombia, Ecuador, Guyana, Paraguay, Peru, Suriname, Uruguay and Venezuela. It is a complimentary download and can be accessed here. Russia’s involvement […]

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April 6, 2025

Russia, Barbados Discuss Development Of Bilateral and CARICOM Relations

Russian Foreign Minister Sergey Lavrov held discussions with the Prime Minister of Barbados, Mia Amor Mottley, on Friday (April 4), and discussed the possibilities of developing bilateral political dialogue, trade and economic ties. Barbados is the current chair of the Caribbean Community (CARICOM), a trade bloc that also includes Antigua and Barbuda, the Bahamas,  Belize, […]

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April 6, 2025

Russia, Singapore Discuss Trade Normalisation

Russia’s Deputy Foreign Minister Andrei Rudenko, and Singaporean Foreign Ministry Permanent Secretary Albert Chua met on Friday (April 4) to discuss bilateral relations and the potential for reestablishing cooperation between the two countries. Singapore is the only ASEAN country that has followed Western sanctions placed upon Russia. Rudenko and Chua discussed their opinions on the […]

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