Russia-China trade turnover rises by 38.5% to $26.43 bln in January-February | The Business Standard
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MONDAY, MAY 19, 2025
Russia-China trade turnover rises by 38.5% to $26.43 bln in January-February

World+Biz

TBS Report
07 March, 2022, 05:50 pm
Last modified: 07 March, 2022, 05:55 pm

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Russia-China trade turnover rises by 38.5% to $26.43 bln in January-February

Exports to Russia increased by 41.5% over two months, the General Administration of Customs of China informed

TBS Report
07 March, 2022, 05:50 pm
Last modified: 07 March, 2022, 05:55 pm
Since 2018, Xi has called Putin his ‘best friend,’ but the friendship remains a wary one. Photo: Reuters
Since 2018, Xi has called Putin his ‘best friend,’ but the friendship remains a wary one. Photo: Reuters

The trade turnover between Russia and China in January-February increased by 38.5% year-on-year reaching $26.43 bln, the General Administration of Customs of China announced on Monday.

Thus, exports to Russia increased by 41.5% over two months and amounted to about $12.62 bln. Imports of Russian goods and services increased by 35.8% to $13.81 bln, reports TASS.

Russia's positive balance in January-February reached $1.19 bln, rising by 26.3%.

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Trade turnover between Russia and China in 2020 decreased by 2.9% (to $107.76 bln) due to the pandemic, and in 2021 it grew by 35.8%, reaching a record high of $146.88 bln.

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