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 17, 2025

Russia, Indonesia 2025 Relations: Update

A meeting of the Russian-Indonesian Intergovernmental Commission was held last week in Jakarta at the Ministerial level, led by Russian First Deputy Prime Minister Denis Manturov. The meetings had a wide-ranging agenda, including the proposed free trade agreement, inter-banking, energy, and industrial and agricultural developments. Indonesia is a major Southeast Asian economy with a population […]

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Featured April 17, 2025

Russia, Turkiye 2025 Relations: Update

The Russian Foreign Minister Sergei Lavrov and his Turkish counterpart Hakan Fidan have discussed the situation in the South Caucasus and the Black Sea region and Russian-Turkish economic and energy cooperation, during the Antalya Diplomacy Forum held last week. The Antalya Diplomacy Forum (ADF) is an annual conference on international diplomacy that is held in […]

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April 16, 2025

Russian Ruble Up 38% Against The US Dollar From January-April 2025

The Russian Ruble has strengthened against the US dollar by 38% in over-the-counter trading since the beginning of the year, becoming the world’s most profitable currency due to the US dollar weakening amid new American duties, according to Bloomberg, who cited economists. Among them was Sofya Donets, an economist at T-Investments, who stated “Unlike many […]

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April 16, 2025

Murmansk Wants To Increase China Exports

Russia’s Murmansk Arctic Port, near to Norway and originally intended to service Northern Europe, has been sanctioned by the EU and remains off limits for use by European operators. However with the increasing use of the Northern Sea Route, it is ideally positioned to take advantage of Western Russian exports to China and Asia, a […]

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April 16, 2025

Russia Eying Turkish Lentil Market

Russia’s Agroexport Centre has stated that Russia has the potential to increase dried lentil exports to Turkiye to values of US$150 million by 2030. Russia’s main competitors on the Turkish lentil market are Canada, Kazakhstan and Australia. Russian lentil exports to Turkiye fell to US$76.1 million last year from US$100.6 million in 2023, with exports […]

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April 15, 2025

Russia’s Energy Strategy Until 2050: New Government Report Released 

Russia’s Energy Strategy: Crude Oil Production and Export Outlook to 2050 – a document outlining the country’s vision for the energy sector and response to global challenges – was approved by Prime Minister Mikhail Mishustin on Monday. It provides a conservative approach to crude oil production, aiming to stabilize output at approximately 10.84 million barrels […]

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April 14, 2025

Eurasian Economic Union Identifies Greatest Cooperation / Export Potential Sectors

The Board of the Eurasian Economic Commission has approved an internal report concerning market analysis of the most promising markets and industries for the joint export of non-primary, and high-tech products of the member States of the Eurasian Economic Union (EAEU). The EAEU includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. It has free trade agreements […]

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April 14, 2025

Russian Transhipment Operators Pick Up Euro-Exited Baltic-Asia Sea Routes  

Russia’s container transhipment volumes in its Northwestern Ports such as St.Petersburg continue to recover after volumes fell in 2022. This new growth trend has made it possible to maintain a surplus of terminal capacity and introduce new quality of direct line services without transhipment in European ports, according to Leonid Shlyakhturov, Executive Director of FESCO […]

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April 13, 2025

Russia, Commonwealth Of Independent States Foreign Ministers Meeting: CIS Updates

The Russian Foreign Minister, Sergey Lavrov, has been attending the annual meeting of the Foreign Ministers of the Commonwealth of Independent States (CIS) in Almaty. The meetings included the Foreign Ministers of Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Turkmenistan, and Uzbekistan.   Following the discussions, Lavrov held a Press Conference and took related questions. In this article, he […]

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April 11, 2025

Russia, Sri Lanka Discuss Energy and Investment Projects

Russia’s Deputy Energy Minister Roman Marshavin has held videoconference discussions with Sri Lanka’s Minister of Power and Energy, Kumara Jayakody, as well as representatives of Sri Lanka’s energy companies. Sri Lanka has been hit by an economic crisis and lacks sufficient energy production. The two sides discussed prospects for joint investment projects in the fuel […]

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