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 March 13, 2025

Russia, Indonesia Agricultural Trade Up 41.4% In 2024

Russia and Indonesia grew their trade turnover of agricultural products to nearly US$1.5 billion in 2024, up 41.4% compared to the previous year, according to Russia’s Agroexport centre. This included approximately 1.4 million tonnes of agricultural goods. The main commodity items in the value structure of Indonesian imports from Russia in 2024 were wheat (92.3%), […]

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Featured March 12, 2025

Hong Kong Developing Alternative Clearing House After Euroclear’s Distribution Of Russian Assets 

Hong Kong’s Exchanges and Clearing house, which runs the Hong Kong stock market, said last week that it was working with the Hong Kong monetary authority to develop an Asian international settlement house intended to rival Belgium’s Euroclear and Luxembourg’s Clearstream. The move comes as a bid to lessen dependence on western financial infrastructure, and […]

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March 12, 2025

Russian Tourists and Digital Nomads Favouring Vietnam

The Vietnamese Ambassador to Russia, Dang Minh Khoi has stated that more than 80,000 Russian tourists have visited Vietnam between January 1 and March 10, with a total of 400,000 to 500,000 Russian tourist arrivals expected over the full year.  Dang said that over 250,000 Russian tourists visited Vietnam in 2024, as tourist arrivals started […]

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March 12, 2025

Russia Becomes Major Exporter Of Peas To India

Russia supplied 896,800 tonnes of peas to India, worth US$424.9 million in 2024, becoming the second largest supplier of peas to the Indian market after Canada, according to India’s Ministry of Commerce and Industry. The humble pea is a popular item in many Indian dishes. Peas have climbed sharply in price on the Indian domestic […]

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March 12, 2025

Russia, Uzbekistan: 2025 Trade & Investment Update   

Russia’s First Deputy Prime Minister Denis Manturov has been meeting with Uzbekistan’s Deputy Prime Minister Jamshid Khodjaev in Moscow. Manturov and Khodjaev are co-chairs of the Russia-Uzbekistan intergovernmental commission on economic cooperation. The two parties discussed priority issues regarding bilateral cooperation during the meeting, with Manturov emphasizing the significant potential of interregional cooperation. The two […]

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March 11, 2025

Russia Overtakes United States In Wheat Exports To China For The First Time 

The Rusagrotrans analytical centre, which services Russian agricultural logistics, has stated that Russia exported 275,000 tonnes of wheat to China in the first eight months of the current agricultural year from July 2024 to February 2025. This has exceeded the volume of supplies from the United States to China for the first time.   Rusagrotrans […]

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March 11, 2025

Russian Agricultural Exports To Africa Up 19%, Shipped To 45 Countries In 2024 

The Russian Agriculture Ministry’s Agroexport centre has said that Russia boosted exports of agricultural products to Africa 19% year-on-year, valued at over US$7 billion in 2024, shipping products to 45 countries on the continent. Egypt was the largest buyer, increasing imports from Russia 21% in value terms. Egypt is a leading importer of Russian wheat, […]

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March 11, 2025

Russia Ships First Animal Pet Feed Products To Iraq

The Russian animal feed producer, CJSC SK Korocha, from Kursk has shipped its first batch of feed for non-productive animals to Iraq, according to the Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor)’s offices for the Oryol and Kursk regions. Russian exporters across the country have been actively looking for new markets to the East […]

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March 10, 2025

Russia’s Pivot To Asia: New 2025 Guide To Southern Africa Out Now  

Southern Africa is a diverse region, with considerable European colonial influences, and access to both the Atlantic and Indian Oceans. A major driver for Russian involvement in Africa has been continuing assistance from and good relations with South Africa, the continents wealthiest nation and regionally, its most influential. This region will develop to become more […]

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March 10, 2025

Russia Open To Restoring Relations With The Organisation of American States

Russia has stated it is open to reestablishing connections with the Organisation of American States (OAS) which it joined as an observer in 1992. Russia was suspended in April 2022 by the OAS Permanent Council, in moves lead by the United States. That decision was not multilateral with numerous Latin American countries voicing their disapproval. […]

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