The PRC-Russia trade turnover grew by 9.3% in January-February

The Russian-Chinese trade turnover in January – February increased by 9.3% and is estimated at $37 billion. This was reported by the General Customs Administration of the People’s Republic of China.

According to information from the General Customs Administration of the People’s Republic of China, imports of Chinese products to Russia increased by 12.5% to $16.8 billion over the two months. In turn, exports of Russian goods to China increased by 6.7% to $20.2 billion.

Moreover, Moscow has not lost its surplus in the Russian-Chinese trade, which decreased by 5.8 per cent to $3.4 billion compared to the same time period last year.

China mainly buys energy carriers – coal, oil and natural gas – from Russia. Other Russian goods that appear on the Chinese market include copper ore and copper, fuel, seafood and timber. China, in turn, supplies cars, specialised and industrial equipment, smartphones, footwear, toys, computers and air conditioners to Russia.

We will remind, earlier in ten months, trade turnover between India and Russia reached $54.7 billion for the first time.