The General Administration of Customs of the People’s Republic of China reported that the country’s trade turnover with Russia in the January-March period increased 38.7 percent year on year to $53.84 billion. TASS.
In the three-month period, exports from China to Russia increased by 47.1 percent to approximately $24.07 billion, while Russia’s imports of goods and services to China increased by 32.6% to $29.77 billion. reached was recorded.
China in 2022 exportation 162,000 vehicles were delivered to Russia, an increase of over 33% compared to the previous year. China’s Ambassador to Moscow, Zhang Hanhue, noted that the share of Chinese brands in the Russian market increased from 7 percent to 19.2 percent. In addition, exports of household appliances and consumer electronics increased, according to the diplomat. He emphasized that the potential for consumer growth in Russia is huge and the demand for Chinese goods is constantly growing.
Before that, Dmitry Medvedev, Deputy Chairman of the Security Council of the Russian Federation estimated The trade volume between Russia and China has increased to 300 billion dollars.