At the end of April, China supplied $8.3 billion worth of goods to Russia; This is 13% less than the value in the same period in 2023. writes about this “Kommersant” With reference to data from the General Administration of Customs of the People’s Republic of China.
The figure fell for the second month in a row. Thus, in March, exports of Chinese products to the Russian Federation decreased by 16% to 29 billion dollars, recording the first decline since mid-2022. This dynamic is largely explained by fears of secondary sanctions by the United States threatening Chinese trade.
Meanwhile, China’s total exports rose 1.5% last month to $292.45 billion, following a 7.5% decline in March.
Trade turnover between China and Russia in January-April augmented It reached 76.58 billion dollars with an annual increase of 4.7%.
Last week China sharply raised Tariffs for railway and sea transport to Russia and Belarus.
Previously Beijing requested Lift of sanctions against the Russian Federation from Washington.