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 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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Featured 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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March 10, 2025

Belarus To Assemble Tractors In Myanmar

Following last week’s visit of Myanmar Prime Minister Min Aung Hlaing to Moscow, spin off trade and investment ties with Belarus appear to have also been on the agenda, with the Minsk Tractor Works (MTW) announcing plans to set up an assembly production line of their tractors under the Belarus brand in Myanmar. A Myanmar […]

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March 9, 2025

INSTC Route East Proves Competitiveness By Linking Belarus With China

Russian Railways Logistics has signed a contract with one of Belarus’ leading fertilizer producers to provide a complete transport and logistics supply chain for full-scale container transportation of potash fertilizers in transit along the eastern route of the North-South international transport corridor (ITC) to China. Belarus is the world’s third-largest producer of potash, China is […]

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