Economy26.12.2023 - 12:42

Russia's share in China's trade turnover is only 3.9%

Russian goods accounted for 5.1% of imports to this country. Only 3.3% of all Chinese exports go to Russia.

Фото: Freepik.com

In money, imports of our goods to the PRC for the first 10 months of 2023 amounted to $106.3 billion, 13% higher than in January-October 2022. Almost 80% of this amount is fuel energy supplies. Russia's share in China's total fuel supplies is just under 1/5 of China's total fuel imports.

The European Union (13.2% of trade turnover) and the United States (11.2%) remain China's key trading partners.

In Russia's trade China occupies a huge place - 32%; in imports - 41%, in exports - 26%. Most of the imports from China to Russia are machinery, equipment and vehicles, Kommersant reports, citing the Gaidar Institute.

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