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Trade turnover between Russia and China up 32.5% in 9M 2022 — China’s Customs

According to released data, China’s export to Russia gained 10.3% within nine months of this year to $52.24 bln

BEIJING, October 24. /TASS/. The trade turnover between Russia and China surged by 32.5% year-on-year to $136.08 bln in January - September 2022, the Main Customs Administration of China reports on Monday.

According to released data, China’s export to Russia gained 10.3% within nine months of this year to $52.24 bln. Import of Russian goods and services soared by 51.6% to $83.84 bln.

Crude oil, natural gas and coal account for about 70% in the value of commodities imported by China from Russia. Other key items of export from Russia include copper and copper ore, lumber, fuel and seafood. China is exporting a broad range of products to Russia, with a significant share taken by smartphones, industrial and specialized equipment, toys, footwear, vehicles, air conditioners and computers.

The trade turnover between Russia and China gained 35.8% in 2021 and reached record-breaking $146.88 bln.