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.
Russia and Malaysia have agreed to expand cooperation on the use of nuclear energy, state nuclear corporation Rosatom announced, following high-level talks in Moscow on Friday (June 27). The meeting was attended by Rosatom CEO Aleksey Likhachev and Malaysian Deputy Prime Minister Fadillah Yusof. The discussions focused on the use of Rosatom’s Nuclear Power Plant (NPP) technologies. […]
Sierra Leone’s government is prepared to grant Russian fishing operators an annual catch quota of 40,000 tons, along with investment incentives aimed at boosting bilateral cooperation in the aquaculture sector, according to the Russian Federal Agency for Fisheries (Rosrybolovstvo). The agency said the move was discussed during the inaugural session of the Russian-Sierra Leone Fisheries […]
The Eurasian Economic Union (EAEU) has achieved success in the main performance indicators but fallen short of about 20 crucial targets in its 2025 development strategy; over the next decade, the union should, at a minimum, double its share in the global GDP, Belarusian President Alexander Lukashenko has said. He was speaking at the 2025 […]
Russia’s Energy Minister, Sergei Tsivilev, has met with Wang Hongzhi, the head of China’s National Energy Administration, at a meeting for energy ministers from the Shanghai Cooperation Organization (SCO) member states and discussed current issues around bilateral collaboration in fuel and energy as well as promoting fair energy access throughout the world. Tsivilev and Wang discussed LNG […]
Russia’s Agroexport has been holdings meetings in Manila with the Philippines Association of Millers and Feed Manufacturers (PAMFI), the Bureau of Crop Production and Marketing, and leading Philippine companies that import and process grain. The meetings were attended by Agroexport CEO Ilya Ilyushin, Chairman of the Board of Directors of the BIO-TON agricultural corporation, member of the board of […]
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The Russian Foreign Minister, Sergey Lavrov, has met with Thongsavanh Phomvihane, the new Laos Foreign Minister, in Moscow. Lavrov welcomed him by saying, “You are a frequent visitor to our country: last May, you attended the festivities marking the 80th anniversary of the Victory as a special representative of the President of the Lao PDR, and […]
India has purchased 80% of Russia’s seaborne Urals crude exports this year, with two private refineries increasingly buying more of this variety, according to data analytics provider Kpler. Indian conglomerates Reliance Industries and Nayara Energy have bought 45% of the Urals crude imported into the country, with India purchasing 231 million barrels of Urals crude this […]
China’s interest in the construction of Russia’s proposed Power of Siberia 2 pipeline, which would deliver gas via Mongolia, has intensified following the outbreak of the conflict between Iran and Israel, according to sources in Beijing. The planned pipeline would allow up to 50 billion cubic meters (bcm) of natural gas to be delivered annually […]
Colombia has confirmed it has joined the New Development Bank (NDB), the financial investment arm of the BRICS group. Colombia had requested membership in the NDB in May of this year, amid tensions with the United States over President Trump’s tariff war and Colombia’s joining China’s Belt and Road Initiative. Colombia’s Minister of Foreign Affairs, Laura Sarabia, said, […]
The Russian Foreign Minister, Sergey Lavrov, has been on an official visit to Ashgabat, Turkmenistan, where he was received by President of Turkmenistan Serdar Berdimuhamedov and held talks with Deputy Prime Minister and Minister of Foreign Affairs of Turkmenistan Rashid Meredov. They discussed key issues of Russia-Turkmenistan relations and reaffirmed their intent to implement joint […]
The Russian State Duma has ratified an agreement with the United Arab Emirates to avoid double taxation of income and capital and prevent tax evasion. The government introduced the bill, No. 930586-8, on May 29. This new agreement replaces an earlier 2011 agreement which applied only to the income of state-owned investment funds. An explanatory […]
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