MOSCOW TIME: 04.10.2024 21:19:50
The trade turnover between Russia and China in 2018 may exceed $100 bln.
This year bilateral trade between China and Russia demonstrates a positive trend - in the Q1 it increased by 30%, and, according to our forecasts, in 2018 will exceed the $100 bln mark.
The trade turnover between the two countries in 2017 amounted to $84.1 bln, increasing by 19% in comparison with 2016.
The trade turnover between Russia and China in January-March increased by 28.2% to $23 bln. According to the report of the General Administration of Customs of China, in the reporting period, the volume of exports from China to Russia increased by 23.7% and amounted to $10.3 bln. At the same time, the volume of imports of Russian goods to China in the same period increased by 32% to $12.7 bln.
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