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 Russia-Iraq Intergovernmental Commission on Trade, Economic and Scientific-Technical Cooperation has been holding its bilateral meetings in Baghdad this week, with the two countries analyzing their existing agreements and exploring new ones to better develop more active business cooperation. Russia Energy Minister Sergei Tsivilev, in attendance, said to the Iraqi Foreign Minister Fuad Hussein “Thank […]
Russia and Qatar have agreed to step up trade and economic cooperation, including in the energy sector, Russian Foreign Minister Sergei Lavrov has stated, saying that “We have agreed to intensify work in all areas, primarily in the trade and economic sector, in the energy sector, within the framework of such organizations as the Gas […]
The Guinea-Bissau President Umaro Sissoco Embalo, met with Russian President Vladimir Putin in Moscow on Thursday (February 26). Embalo said “We thank you for increasing the quota for our military personnel, police officers, and students. Russian companies are also interested in developing relations with Guinea-Bissau. We are reliable partners.” The meeting follows the signing of […]
The Russian Agriculture Ministry’s Agroexport centre has stated that Russia increased its exports of frozen herring sixfold year-on-year to over 31,000 tonnes in January 2025. China was the main purchaser of the product, accounting for 42% of all exports. South Korea at 31% and Nigeria at 27% rounded out the top three importers of Russia’s […]
The Russian Foreign Minister, Sergey Lavrov has been in Tehran holding talks with his Iranian counterpart, Abbas Araghchi, as well as with the Iranian President, Masoud Pezeshkian. Much of these discussions revolve around resolving bottlenecks at the Rasht-Astara railway route, which is part of the INSTC network between Russia and the Middle East. Construction work […]
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February 27 Update: Russian and American diplomats will meet in Istanbul on Friday, February 27 to discuss administrative and communication problems in the work of the two countries’ embassies, which stacked up as a result of activities of the previous US administration. The two sides stated that meeting in Istanbul will make it clear “how fast […]
Dmitry Mazepin, of the Russian Union of Industrialists and Entrepreneurs (RSPP) has said that Russia is looking to increase its fertilizer exports to Ghana. The West African country has experienced a decline in agricultural output in recent years, contributing to a global cocoa bean shortage and rising prices. Ghana, along with the Ivory Coast, are […]
The Russian Foreign Minister, Sergey Lavrov was in South Africa last week attending the G20 Foreign Ministers meetings. During that event, he met with Ronald Lamola, the South African Foreign Minister. The two underscored the need for closer foreign policy coordination at the United Nations as well as the G20 and BRICS, highlighting the significance […]
Rail cargo transportation in both directions between Russia and China increased by 9.1% compared to January 2024, to 3.5 million tonnes, Russian Railways has stated. 3.3 million tonnes were Russian exports, an increase of 8.9%. 1.7 million tonnes of cargo were exported to China through the Zabaikalsk – Manchuria railway border crossing, between Zabaykalsky Krai […]
Maxim Reshetnikov, the Russian Economic Development Minister and Kan Zaw, Myanmar’s Investment and Foreign Economic Relations Minister have signed a memorandum on investment cooperation in Myanmar’s Dawei Special Economic Zone. The document was signed at the fifth intergovernmental Russian-Myanmar commission for commercial and economic cooperation during the Russian delegation’s official visit to Naypyidaw, Myanmar’s capital […]
Freight rail transportation between Russia and Pakistan is scheduled to begin from March 2025, according to the Russian Ministry of Transport. The announcement was made following the results of the Third Caspian Economic Forum in Tehran, during which Russia and Iran signed a Practical Action Plan for cooperation in the transport sector for 2025. This […]
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