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 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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Featured 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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May 8, 2025

Russia, Venezuela Sign Significant Strategic Partnership Agreement  

Russian President Vladimir Putin and his Venezuelan counterpart Nicolas Maduro have signed a strategic partnership agreement to expand cooperation across key sectors, the Kremlin has announced. The deal was sealed on Wednesday (May 7) in Moscow after talks between the two leaders. Maduro had arrived in the Russian capital to attend the May 9 Victory […]

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May 8, 2025

Kazakhstan Rail Transit Via Russia & The INSTC Increases By 63% In Q1 2025

Kazakhstan has significantly increased the volume of grain and coal transported via rail through Russia, particularly along the eastern route of the International North-South Transport Corridor (INSTC). According to Kazakhstan Temir Zholy (KTZ), the country’s national railway operator, container traffic along this corridor rose by 63% in the first quarter of 2025, surpassing 1,000 twenty-foot […]

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May 7, 2025

Russian Foreign Ministry Statement On Historic Relations With Cuba

Russia and Cuba commemorate their 65th anniversary of diplomatic ties on May 8th, in what has been a fascinating diplomatic relationship over the decades. To mark the occasion, the Russian Foreign Minister, Sergey Lavrov, wrote a specific article for the event. This is what he had to say:     “On May 8, the Russian Federation and […]

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May 7, 2025

Russia, Iran Presidents Discuss Strategic Partnership, Nuclear Programme and Trade  

The Russian President Vladimir Putin has held telephone discussions with the Iranian President, Masoud Pezeshkian, who thanked Russia side for providing prompt emergency assistance following the recent serious explosion at Iran’s Shahid Rajaee Port. The leaders had a thorough discussion of issues pertaining to further development of Russian-Iranian cooperation based on the bilateral Treaty on […]

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