Trade turnover between Russia and China increased by 27.7% in 10 months

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In the January-October period, trade turnover between Russia and China increased by 27.7%, reaching 196.48 billion dollars. This was announced by the General Administration of Customs of the People’s Republic of China. TASS.

In the 10 months of this year, China’s exports to Russia increased by 52.2 percent, reaching approximately 90.08 billion dollars, and imports of goods from the Russian Federation increased by 12.4 percent, reaching 106.4 billion dollars. The positive balance of the Russian Federation in this period was as follows: 16.32 billion dollars. It decreased by approximately 53% compared to the same period last year.

According to Chinese customs data, the trade volume between the Russian Federation and China in October reached 19.79 billion dollars, decreasing by 9% compared to September. On a monthly basis, Russia’s imports decreased by 3.7% to 11.1 billion dollars, while China’s exports decreased by 10.2% to 8.69 billion dollars.

Russia mainly supplies oil, natural gas and coal to China. China – industrial and special equipment, toys, shoes, cars, computers and germanium.

Russian Prime Minister Mikhail Mishustin in October statedTrade turnover between Russia and China increased by 27% in January – September 2023, reaching 16 trillion rubles.

Previously in Chinaappreciated The impact of sanctions on trade with the Russian Federation.

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