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 January 14, 2025

EAEU and China Update Trade and Economic Cooperation Roadmap

Vladimir Serpikov, Director of the EAEU Trade Policy Department, held a working meeting with Liu Jin, Minister Plenipotentiary for Trade and Economic Affairs of the Embassy of the People’s Republic of China in Russia at the Eurasian Economic Commission on January 10th. The two sides discussed the current state and prospects for the development of […]

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Featured January 14, 2025

Over Half Of All Countries Worldwide Are De-Dollarizing 

More than half of the countries across the world have declared a boycott of the US dollar, an analysis conducted by Russia’s Sputnik media has showed. In 2024, 14 more nations embarked on de-dollarisation, according to Sputnik’s analysis. 46 countries have switched to making transactions in national currencies, and 53 countries now openly oppose the […]

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January 13, 2025

Georgia To Double Russian Gas Imports In 2025

Natural gas consumption in Georgia should rise 2.8% year-on-year to 3.32 billion cubic meters in 2025, the Georgian Economic Ministry has stated concerning the national fuel and energy balance posted on its website. Gas supplies from Azerbaijan should total 2.91 bcm in 2025, with plans to double supplies from Russia to 400 million cubic meters. […]

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January 13, 2025

Oman Looking To Attract Russian Investors To Develop As A Middle East Hub  

Oman is interested in attracting Russian investors in the sectors of sustainable development, tourism, technology, as well as other areas, according to the Omani government. In order to create favorable conditions for foreign investment, Oman has been developing special economic zones in the country and has specifically created areas where the Sultanate needs a Russian […]

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January 13, 2025

Russia’s Aqua Holding Exports 35% More Water In 2024  

Aqua Holding, the producer of the Narzan, Essentuki No. 4 and Essentuki No. 17 brand mineral waters, increased exports of its products 35% year-on-year in 2024, and shipping more than 750 million litres to 19 countries. While water is not generally considered a particularly interesting commodity, Russia possesses the world’s second largest fresh water reserves […]

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January 12, 2025

Russia’s Pivot To Asia 2025 Guide To ASEAN

Russia’s Pivot To Asia have just published their 2025 Guide to ASEAN, which details Russia’s trade, investment and geopolitical involvement with the ASEAN group. ASEAN includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. We detail Russian trade trends looking back at 2024 and ahead into 2025, and also include chapters […]

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January 11, 2025

Venezuelan President To Meet Russia’s Special Envoy

The Venezuelan President, Nicolas Maduro, has said that he will have a meeting with Russian State Duma (lower house) Speaker Vyacheslav Volodin who presented Moscow during Friday’s (January 10) inauguration ceremony of the Venezuelan leader. Maduro stated “I have a meeting with Russian President Putin’s special envoy planned” at a rally supporting his inauguration as […]

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January 10, 2025

Russia 2025 Individual and Corporate Income Tax Rates

2024 saw the biggest tax base reform in Russia for the last twenty years, with numerous  changes. The tax innovations will affect all Russian citizens, foreigners working in the country, individual entrepreneurs, as well as small and large businesses. The move to “a fairer distribution of the tax burden” for those with higher personal and […]

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January 9, 2025

Russian Government Procurement From the BRICS, Asian and Eurasian Banks

Contracts from international financial organizations will appear on the Russian government procurement website. These include projects being tendered for by several international banks that Russia holds equity and invests in, including the New Development Bank (NDB – formally known as the BRICS Development Bank). The NDB plans to unfreeze investments in Russia — money that […]

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