Russia's Trade With Global South Rises to $299 Billion Amid West Sanctions
· World · rt, Telegraph India
Russia's trade with the Global South reached $299 billion in the reported period, according to data cited by Russian state media outlet RT. This increase reflects Moscow's pivot away from Western markets following sanctions imposed after its invasion of Ukraine. The report does not specify the exact time frame for this trade figure. No details are provided about which specific countries in the Global South contributed most to this growth.
Why it matters
The shift in Russia's trade patterns underscores the real-world impact of Western sanctions on global commodity flows. It highlights how major economies are adapting trade routes in response to geopolitical tensions, affecting global supply chains.
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