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 December 23, 2024

Russia Discussing Direct Flights To Brazil, Malaysia and Pakistan  

Russia is holding negotiations on launching direct flights to Brazil, Malaysia and Pakistan, according to Roman Starovoyt, the Russian Minister of Transport, who had said “We are considering Malaysia and Brazil. Pakistan has also contacted us recently with a similar request. We are also analyzing the situation there, and engaging in a constant dialogue. Of […]

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Featured December 23, 2024

Russia – Armenia Bilateral Trade Increases 91% In 2024

The Deputy Prime Ministers of Russia and Armenia – Alexei Overchuk and Mher Grigorian, have highlighted the continuing rapid growth of Russian-Armenian trade during the Russian-Armenian intergovernmental commission on economic cooperation meeting in Moscow on Friday (December 20). Overchuk said “Our trade and economic relations continue to be on the rise.  I can say that […]

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December 22, 2024

Russia–Kazakhstan To Open Cross-Border Logistics Centre In Astrakhan

A cross-border trade center will be created at the Kazakhstan-Russia border, as announced during a meeting between Kanat Khasenov, the Consul General of Kazakhstan in Astrakhan, and Igor Babushkin, the Governor of Russia’s Astrakhan region. Babushkin noted that the Republic of Kazakhstan is one of the main partners of Russia’s Astrakhan Oblast (Province) with strong […]

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December 21, 2024

Russia – Mongolia Flight Services To Increase

A direct Vladivostok – Ulaan Baatar air route could appear from early 2025 as Russia and Mongolia look to boost air connectivity between them. At present, routes exist between Moscow, Irkutsk and Krasnoyarsk and the Mongolian capital.     Alexander Kozlov, the Russian Natural Resources Minister said that the two countries will assess viability after a meeting […]

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December 21, 2024

Russian Pork Exports Rooting For A 2025 Increase, With China A Key Market

Russia could increase pork exports to 320,000-350,000 tonnes in 2025, according to Yury Kovalev, the CEO of the Russian National Union of Pork Producers. A more precise forecast will depend on whether China expands the list of Russian suppliers or if it will continue to include only three companies. Kovalev that “Without any expansion of […]

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December 19, 2024

Russian Fertilizer Production Reaches Record Levels

Russian fertilizer production exceeded 63 million tonnes in 2024, rising 6%-7% year-on-year, Russian Fertilizer Producers Association (RAPU) CEO Andrei Guryev has stated, saying “We will produce more than 63 million tonnes of all types of mineral fertilizers in 2024. This is an absolute record not seen since Soviet times. The absolute growth year-on-year will be […]

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December 19, 2024

Russia’s FESCO Shipping Sets Up In Vietnam

Russia’s FESCO Transportation Group has opened a subsidiary enterprise in Vietnam to develop maritime and intermodal container transportation in Southeast Asian countries, the company has said. DBF Logistics Vietnam will ensure the smooth operation and development of the group’s services in Vietnam, including the regular FESCO Vietnam Direct Line which connects Vladivostok with the ports […]

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December 19, 2024

Russian Timber Exchange Logs Record Trade Volumes

The St Petersburg International Mercantile Exchange (SPIMEX) has said it will set a new record for the sale of timber and its processed products in 2024 of around 5.3 million to 5.5 million cubic meters, amounting to about ₽10 billion (US$97.2 million) in monetary terms, SPIMEX Managing Director Alexei Ryzhikov has said, in a year […]

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December 18, 2024

Russia Splashes Ahead As World’s Largest Frozen Fish Exporter

The Russian Fishery Shipowners Association (FSA) has said that Russia exported more than 1 million tonnes of frozen fish in 9M 2024, accounting for 17.4% of global exports compared to 16.2% at the end of 2023, following an analysis of global fish export statistics. The FSA said that “Frozen fish remains the main product of […]

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