Trade turnover between Russia and China in the first 4 months of the year reached 51 billion USD

According to published data, exports from China to Russia increased by 11.3% in the first 4 months of the year, reaching about 20.24 billion USD. By contrast, exports of goods and services from Russia to China increased by 37.8% to $30.85 billion.

Russia’s trade surplus in the first 4 months of the year was 10.61 billion USD, up 2.77 times over the same period in 2021. In April alone, trade turnover between the two countries reached 12, $69 billion, 8.7% higher than in March.

About 70% of the value of Russian imports into China belongs to oil, natural gas and coal. In addition, the key items imported from Russia are copper, copper ore, timber, fuel and seafood, according to TASS.

Meanwhile, China exports many products to Russia, of which a large proportion is smartphones, industrial and specialized equipment, children’s toys, shoes, vehicles, air conditioners and computers. count.

Under the impact of the COVID-19 pandemic, the two-way trade turnover between the two countries in 2020 decreased by 2.9%, to 107.76 billion USD; in 2021, increased by 35.8%, reaching a record of $146.88 billion.

Earlier, Chinese Ambassador to Moscow Zhang Han Hui stated that Beijing is ready to ensure that the supply of Russian products to the Chinese market will not be interrupted.