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 Russian Foreign Minister, Sergey Lavrov, has met with Mali’s Foreign Minister, Abdoulaye Diop, in Moscow. The meetings are part of a three nation group of Mali, Burkina Faso and Niger, all part of the Sahel region of West Africa. They are all military juntas, have all become highly dissatisfied with their colonial connections with […]
Russia’s Deputy Prime Minister, Yury Trutnev has been visiting Windhoek, the capital of Namibia with a Russian business delegation, and has been holding talks with Selma Ashipala-Musawya, the Namibian Foreign Minister, about strengthening bilateral trade. Trutnev is also the co-chair of the Intergovernmental Russian-Namibian Commission on Trade and Economic Cooperation. Trutnev said that “Our countries […]
Alexey Andreyev, Russia’s trade representative in Morocco, said ahead of GITEX Africa 2025, which will be held in Marrakech from 14 to 16 April, that ‘Russia is ready to become Morocco’s strategic partner in implementing the national digital strategy Digital Morocco 2030.” This is aimed at modernising Morocco’s economy and public services through digital innovation. […]
Following Ethiopia’s strategic decision to develop its navy, the country’s leadership is taking concrete steps to rebuild its navy. The landlocked country is working on regional agreements that will allow it access to the Red Sea and the Indian Ocean. Ethiopia’s Navy was originally founded in the 1950s, but was dissolved following Eritrea’s independence in […]
Russia’s largest carmaker AvtoVAZ is entering the African market via Nigeria. The auto giant plans to set up a service centre and parts warehouse in the Lekki Free Trade Zone in Lagos by the end of this year, and is also in talks with the Nigerian government to set up a local assembly plant. Nigeria’s […]
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The United States has today (April 2) released new, immediate sanctions on Russia and in particular its energy sector. These appear based on a list of 50 measures introduced as a bill by several US Senators on Monday. Interestingly, these contain substantial penalties for third countries either buying from or handling Russian oil. Touted by […]
The Chinese Foreign Minister, Wang Yi, has been visiting Moscow this week and held meetings with Russian Foreign Minister Sergey Lavrov and President Vladimir Putin. Discussions revolved around bilateral and multilateral relations, including the coordination of Sino-Russian strategy as concerns the United Nations and the UN Security Council. Russia in particular has recently been unhappy […]
The Russian President Vladimir Putin met with Milorad Dodik, the President of Republika Srpska, the want-away region of Bosnia and Herzegovina on Tuesday (April 1). The timing is interesting as the European Union has just lost effective sovereignty over Eastern European energy supplies, with implications for the erstwhile Republic. Republika Srpska Dodik represents a region […]
Western media has been full of numerous European Heads of State asking for increased military budgets to spend in order to repel a Russian invasion. These have mainly appeared to be based on the situation in Ukraine, which has largely been sold to the Western public as an unwarranted invasion to order to gain unspecified […]
The Bank of Russia has released 2024 statistics showing that the current account surplus of the balance of payments of Russia for the year amounted to US$62.3 billion. That is US$12.8 billion, or 26.0% more than in 2023 (US$49.4 billion). The Central Bank had previously estimated the current account surplus for last year at US$53.8 […]
The Irtysh River originates in the Xinjiang Province of China and flows north-west across Lake Zaisan in Kazakhstan, meeting the Ishim and Tobol Rivers before merging with the Ob River in Western Siberia. The total length of the Irtysh across China, Kazakhstan and Russia is 4,248 kilometres, and it is navigable for 3,784 kilometres, from […]
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