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 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 […]
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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 […]
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 […]
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, […]
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 […]
Vietnam’s TH Group is to launch the first stage of a new dairy plant in Russia’s Kaluga Region next month, according to Kaluga Regional Governor Vladislav Shapsha. TH Group is a large manufacturer of dairy products in Vietnam. Shapsha said that “We have visited the construction site of the dairy plant of the TH True […]
Kazakh Prime Minister Olzhas Bektenov and Russian Deputy Prime Minister Dmitry Grigorenko have discussed digital transformation and artificial intelligence at a meeting in Astana, the Kazakh government has stated, saying “The two sides noted the growing significance of artificial intelligence and underlined that the digitalization partnership is an integral part of bilateral relations. Combined efforts […]
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