07.09.2023, 16:11
Trade turnover between Russia and China increased by 32% in eight months
Source: OREANDA-NEWS
OREANDA-NEWS The trade turnover between Russia and China in January-August amounted to $155.1 billion, which is 32% more than in the same period of 2022. In January-July, the trade turnover grew at a faster pace — by 36.5%, in January–June — by 40.6%.
Statistics were provided by the Main Customs Administration of the People's Republic of China. Exports from China increased by 63.2%, to $71.8 billion, imports to China — by 13.3%, to $83.3 billion.
In 2022, the trade turnover between Russia and China increased by 29.3%, to $190.27 billion, which became a record. Russian Presidential aide Maxim Oreshkin called China a key Russian partner that surpassed the European Union in terms of trade. Russian Prime Minister Mikhail Mishustin said that 70% of cross-border settlements between Russia and China are carried out in rubles and yuan.
Statistics were provided by the Main Customs Administration of the People's Republic of China. Exports from China increased by 63.2%, to $71.8 billion, imports to China — by 13.3%, to $83.3 billion.
In 2022, the trade turnover between Russia and China increased by 29.3%, to $190.27 billion, which became a record. Russian Presidential aide Maxim Oreshkin called China a key Russian partner that surpassed the European Union in terms of trade. Russian Prime Minister Mikhail Mishustin said that 70% of cross-border settlements between Russia and China are carried out in rubles and yuan.
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