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.
In this unique guide, we showcase Russia’s diplomatic, trade and investment ties with a region where Russia’s influence is undoubtedly growing, and include Mexico as well as the Central American countries of Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama. Russia’s involvement in Central America has been somewhat restricted due to distance, the […]
The Russian Ambassador to Mexico, Nikolay Sofinsky, has given an interview to TV BRICS concerning Russia’s current relations with Mexico. This included subjects such as bilateral development and trade details, BRICS, cultural exchanges and the potential for other Russian-Latin American trade. TV BRICS questions are prefixed as such, Nikolay Sofinsky’s responses are prefixed NS. Our […]
Venezuela has been working hard to join BRICS as a full member, with Caracas well aware of the growing role of the group on the world stage and attaching great importance to Venezuela-BRICS cooperation. However, significant political and diplomatic barriers need to be overcome by Caracas if it is to succeed. Most of this lies […]
Russian freight traffic to China via the Russian Railways network continues to grow, according to Sergey Pavlov, the first deputy head of Russian Railways. He was speaking at the TransRussia conference last Friday (March 21) in Moscow. According to Pavlov, in January-February 2025, more than 30 million tonnes of cargo were transported via Russian Railways […]
Russian exporters can now receive subsidies of up to 50% to compensate for transportation costs when exporting their products to friendly countries, according to Dmitry Kuskov, Director of the Department of International Cooperation and Licensing for Foreign Trade of the Russian Ministry of Industry and Trade. Kuskov announced this at the plenary session of the […]
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Russia and Qatar are negotiating a draft intergovernmental memorandum on cooperation in transport and transit, the Russian Ministry of Transport has stated. It is another example of Russia’s own version of the Belt & Road Initiative. The two countries have been holding their fifth meeting of the joint Russian-Qatari commission on trade, economic and technical […]
The Russian government has submitted an intergovernmental agreement with the Republic of the Congo on cooperation on the construction of the Pointe-Noire – Loutete – Moluko – Tresho oil product pipeline in the Congo to the Russian State Duma for ratification. The agreement (No. 870793-8), which was signed in Moscow on September 28, 2024, has […]
The Eurasian Economic Union (EAEU) and Mongolia have agreed on the remaining issues concerning a temporary free trade agreement, according to the Eurasian Economic Commission (EEC). This follows a meeting between EEC Trade Minister Andrei Slepnev and Gantumur Luvsannyam, the Mongolian Economic and Development Minister. Slepnev said “We have conducted productive talks, in which we […]
In stark contrast to the policies of the European Union towards Belarussian nationals, the Belarusian Foreign Ministry has stated that foreign citizens will be able to enter Belarus on an electronic visa from March 20. The Ministry’s statement read “Starting from March 20, 2025, foreign citizens will be able to enter Belarus on an electronic […]
In signs of a thawing between Russia and US backed economies, Russia’s multimodal transport operator Ruscon and South Korean logistics company Sunsko S&T plan to develop multimodal transportation between the Far East and Asia. A memorandum of cooperation in the field of transport and logistics services was signed by Ruscon First Vice President Andrei Chernyshev […]
Russia’s Aqua Holding LLC, producer of mineral water brands Essentuki No. 4, Essentuki No. 17 and Narzan, has delivered its first shipment of mineral water to Thailand, the company has stated. These mineral waters are bottled in the Russian Caucasus and considered therapeutic treatments for gastro-intestinal problems. Aqua Holdings has worked with water for local […]
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