Russia’s exports in 2025 were characterized by shifts in energy trade, increased reliance on Asian buyers and stable, high-demand grain exports, with overall trade figures showing resilience, especially in non-oil/gas sectors, while adapting to new market dynamics. Key trends include exports of crude oil, fertilizers, and grain exports exceeding forecasts. Source products from Russia with confidence. Get insights into Russia’s key export industries, trade finance, and logistics. Essential for importers and businesses building a Russian supply chain.
Russia’s Deputy Head of the Russian Presidential Administration, Maxim Oreshkin, has stated that Russia’s foreign trade has increased, not decreased since western sanctions were imposed on the country in 2022. We crunch the numbers to look at what has changed and where Russian exports markets have declined, increased, and in which commodities.
Armenia is negotiating with Russia over the construction of a second Nuclear Power Plant. Armenia’s existing NPP dates back to the Soviet era, while Armenia looks to secure future energy supplies. Yerevan however appears intent on driving a hard bargain.
The latest Russia-Cuba Intergovernmental meeting has just taken place in Moscow, with some 90 Russian companies expressing interest in providing agricultural exports and investments into the country. Pork and flour supplies are especially needed with these a staple of Cuban cuisine.
Russia’s Transmashholdings, the countries largest manufacturer of railway locomotives and carriages, is eying the Vietnamese market as several Vietnamese city projects are being put into practice including new underground Metro and regular overland rail services.
The Russian Deputy Foreign Minister Andrey Rudenko has stated that Russia will not export oil to any countries imposing a price cap. This affects all the G7 nations including the European Union, who have imposed price caps at US$45 a barrel for Russian fuel oil. However, volatility created by the conflict in Iran has seen prices fluctuate between US$75 to above US$100 a barrel while Russia has shifted its energy export priorities to markets in Asia. JP Morgan analysts suggest the price could reach US$150 a barrel if the Strait of Hormuz is not reopened soon.
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Russia has agreed to extend a gas supply contract with Serbia ‘on favourable terms’ following conversations between the Russian and Serbian Presidents. The existing contract was due to expire on March 31. Alternative energy supplies to Serbia have significantly dropped since the Iran conflict began, however Belgrade has a good relationship with Moscow meaning it can mitigate against these problems.
India has placed a US$25 billion defence sector order with Russia for various military equipment including S‑400 air defence missile systems, various types of aircraft, and artillery systems, as part of a rapid military modernization drive. India is the world’s fifth‑largest military spender.
Russia is discussing energy supplies with Sri Lanka, as the country looks to diversify away from an over-reliance on Middle Eastern import supply chains, to alternative suppliers and developing its renewables sector. Sri Lanka has introduced restrictions on energy use in recent weeks due to problems with imports due from Iran.
Russia’s Novatek is to supply LNG to Vietnam with initial deliveries of 1 million tonnes. The two sides are also looking at collaborating in numerous other energy fields as Asian supply chains add alternatives to relying wholly on Middle East resources.
Russia’s Ozon online marketplace has entered Turkmenistan and has partnered with the national postal service to arrange deliveries. Ozon is one of Russia’s largest and pioneering e-commerce companies, often referred to as the “Amazon of Russia”, offering millions of products across multiple categories and sustaining a wide logistics and delivery network. It has had significant growth in Central Asia in recent years.
Russia’s Energy Minister, Sergei Tsivilev has stated that Russia has enough oil and gas supplies to meet its own needs, fulfill outstanding contracts, and supply all countries who ask for deliveries. He said ‘a profound transformation is happening, even in mindsets’ as regards global energy supplies and Western sanctions policies.
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