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 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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Featured 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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January 9, 2025

Republika Srpska Is Set On Independence

Republika Srpska President Milorad Dodik said that the Balkan countries should not join the European Union, whose economic and political situation is deteriorating and leading to disintegration. He assured that this year too, January 9 will be celebrated as a public holiday – Republika Srpska Day. The country has been part of Bosnia and Herzegovina […]

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January 8, 2025

Russia – Greenland Bilateral Trade

With the upcoming President of the United States, Donald Trump, offering to buy Greenland, we examine Russia’s trade with the territory. Being an autonomous territory of Denmark, Greenland follows EU sanctions, however there is interaction with Russia. With the melting of Greenland’s ice cover due to global warming, its abundance of mineral wealth and its […]

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January 7, 2025

Indonesia Joins BRICS As A Full Member

Indonesia has become a full member of the BRICS group, the its current rotating chair country, Brazil, announced on Monday (January 6). It brings the full member number of BRICS countries to ten, with the others being Brazil, Russia, India, China and South Africa, in addition to Egypt, Ethiopia, Iran, and the UAE. Several other […]

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