China’s trade turnover with Central Asian countries jumped to 70.2 billion dollars in 2022. writer RBC refers to data from the European Commission and the International Trade Center (ITC).
The publication noted that China’s trade with Central Asian countries increased from $41.9 billion to $70.2 billion in 2022, while Russia’s trade volume increased from $35.7 billion to $42 billion.
The report also stated that Kazakhstan ranks first in Central Asia in terms of trade with China, which increased its trade to $31.1 billion in 2022.
On May 24, Chinese Premier Li Qiang during talks with Russian Prime Minister Mikhail Mishustin declarationThat there are great and bright prospects for Sino-Russian practical cooperation, and that it is advancing steadily and steadily.
Prior to that, Mishustin said that Russia rose from tenth to seventh in the list of China’s trading partners in the first quarter of 2023 (January-March). According to the Russian head of government, at the end of 2022, the trade volume between the two countries will reach 190 billion dollars, and in January-March 2023 alone, this figure will reach 52 billion dollars.