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.

China Energy Cooperation
Featured September 9, 2026

Russia–China Energy Cooperation: September 2026 Updates & Analysis  

The 23rd Russia-China Energy Cooperation Committee Meeting and the 8th Russia-China Energy Business Forum have taken place this week, with confirmations of new energy corridors, progress on the Power of Baikal gas pipeline as well as discussions concerning finance. Russia’s exports of energy to China are up 20% this year, with all sectors showing increases. China could account for more than 60% of Russia’s total gas exports by 2030.

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Tianjin Port
Featured September 9, 2026

China’s Tianjin Port Exploring More Russian Trade, 2026 Bilateral Connectivity Trends  

China’s massive Tianjin Port – one of the world’s largest – has been in connectivity and trade discussions with three of Russia’s inland river ports – Novosibirsk, Omsk and Yakutia in efforts to improve Chinese trade with Siberia. Talks focused on Tianjin’s port capacity, import demand for agricultural products, chemicals, metals and fish, and the creation of new routes to increase bilateral cargo turnover.

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EEF Forum
September 8, 2026

The 2026 Eastern Economic Forum: Results, Signed Agreements & Analysis

The Eastern Economic Forum in Vladivostok has concluded with a huge US$79 billion worth of agreements signed. With significant delegations from China, India, South Korea, Japan, Mongolia and the ASEAN countries all involved, we deep dive what investments are being made and where, the status of the announced deals, and the overall impact this significant event will have on the Russian Far East’s integration into the rest of Asia – as well as the issues to overcome. This is essential reading for anyone involved in East Asian affairs.

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SCO Summit
September 5, 2026

What Russia Gained From The 2026 SCO Summit: Results & Analysis

The Shanghai Cooperation Organisation annual Heads of State summit has now ended, with a major emphasis on trade development. We provide a deep-dive analysis on the 29 agreements signed, including in the security, AI, energy, environment, trade, tourism, diplomatic relations and the SCO’s institutional development sectors. With the SCO possessing nearly a third of global GDP and 50% of the world’s population, this report will be of significant interest to anyone involved in Eurasian affairs.

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Philippines
September 4, 2026

VTB Launches QR Code Payments System In Indonesia and The Philippines

Russia’s VTB bank has launched its QR code payment service to Indonesia and the Philippines. Both are increasingly popular with Russian tourists, with the system avoiding Western payment mechanisms with direct debit from Russian clients’ ruble bank accounts at the prevailing exchange rate from the relevant local store in rupiah or pesos. There is no commission on the transaction.

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