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 November 27, 2024

Eurasian Economic Union – Mongolia Free Trade Agreement Expected In December

The Eurasian Economic Union (EAEU) is expected to sign an interim free trade agreement with Mongolia before the end of this year, according to Alexei Overchuk, the Russian Deputy Prime Minister. He stated yesterday (November 26) that “We’re approaching the signing of an interim free trade zone agreement with Mongolia, we’re expecting it.” Numerous infrastructure […]

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Featured November 27, 2024

India Commissions Russian-Built Warships

The Indian Defence Minister, Rajnath Singh, is to visit Russia’s Kaliningrad shipyard next month where the Indian Navy Stealth Frigate, INS Tushil is currently being built. The three-day visit will start on December 8, and will include talks with Russian Defence Minister, Andrey Belousov in Moscow. Singh will then travel to the Yantar shipyard located […]

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November 26, 2024

Russia To Assist Afghanistan Re-Enter International Community, Develop Regional Trade

Russia intends to develop bilateral cooperation with Afghanistan in various fields, Security Council Secretary Sergey Shoigu has said, in meetings with Afghanistan’s Deputy Prime Minister Mohammed Abdul Kabir. Shoigu paid a visit to Afghanistan on Monday, (November 25) where he met with the country’s top leadership. During four rounds of talks, he discussed economic, transportation […]

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November 25, 2024

Chinese Consumers Develop Tastes For Russian Cereals

Russia has increased its exports purchases of buckwheat to China 1.8-fold year-on-year to US$75.6 million in the first 10 months of the year from US$40.9 million in the same period last year, China’s General Administration of Customs (GAC) said. Russia has retained to the position as the leading supplier of buckwheat to the Chinese market. […]

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November 24, 2024

Russia-Mongolia Railway Border Crossing To China Doubles Freight Capacity  

The Naushki border railway crossing between Russia and Mongolia, which is the most in-demand railway crossing between the two countries, has been enlarged and can now accommodate twice as many freight wagons for customs inspection. It has also been digitized, which will speed up border crossings and allow an increase in cargo turnover both between […]

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November 22, 2024

Russian Railways Rail Freight To China Up 8.5% In 10M 2024  

Russian Railways has transported 145 million tonnes of cargo to China over the first 10 months of 2024, 8.5% more than in the same period of 2023, according to Sergey Pavlov, the Deputy head of Russian Railways. He was speaking at the “Effective Multimodal Logistics: Horizons of the Future” event during the Russian Transport Week […]

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November 22, 2024

Russia Doubles Pork Exports To China

China’s State Administration of Customs has said that Russia exported pork products worth US$10.98 million to China in October 2024, almost double the amount exported in September, when the figure stood at US$5.93 million. The October figure represents a return to the export level seen in August, when Russia exported US$11.3 million of pork to […]

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November 22, 2024

Russian Gauge Railway To Connect With Iranian Gulf Ports & INSTC  

Russia and Iran are negotiating the construction of a Russian-standard gauge railway from the Iranian city of Parsabad on the Iranian border with Azerbaijan, to the Iranian port of Bandar Abbas on the Persian Gulf coast, according to Kazem Jalali, the Iranian Ambassador in Moscow. Russian rail gauge is 1,520 mm wide, Iran’s is 1,435 […]

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November 21, 2024

Russia-China East Route Gas Pipeline Completed  

PipeChina, the operator of the East Route pipeline that carries Russian natural gas from Siberia to eastern China, has said that the pipeline has now been completed, and will soon be fully operational. The 5,111 km cross-border pipeline is now entering its final commissioning phase, while the southernmost section, linking Jiangsu Province with Shanghai is […]

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