Transformation of Russia's Foreign Trade in the New Architecture of the Global Economy

Abstract

The article examines changes in the structure of Russia's foreign trade in the context of the formation of a new global economic architecture. The dynamics of the geography and volumes of export-import flows for the first five months of 2026 are analyzed, as well as the transformation of the currency structure of settlements. The article shows that the Asian direction is becoming a key driver of export growth, while supplies to Europe are noticeably declining. The transformation of currency settlements is considered. It is concluded that the current reorientation is characterized not only by a change in markets, but also by a deep restructuring of the foreign trade model, requiring long-term measures to modernize production, develop logistics and financial infrastructure, as well as support for localization processes and access to long-term financing.