This data was provided by the General Administration of Customs of the People's Republic of China.
Exports from China to Russia over the year reached $110.9 billion (+47%). Russian imports grew by only 12.7% to $129 billion.
Russia has so far maintained a foreign trade surplus with the Chinese, in 2023 it amounted to $18.17 billion. But it has halved over the year, TASS reported.
Earlier forecasts by Western experts indicated that China's focus on further industrial growth could lead to a new round of trade wars in the world.
In December 2023, Russian Deputy Prime Minister Alexander Novak said that China and India had become the main buyers of Russian oil.