According to statistics released by the General Administration of Customs of China on April 13, the trade volume between China and Russia in the first quarter of 2022 increased by 28.7% year-on-year to US$38.173 billion.
The picture shows a China-Europe train passing through Manzhouli Port (taken on November 17, 2020), (Photo source: China Railway Harbin Bureau Group Co., Ltd.) According to statistics, from January to March 2022, the trade volume between China and Russia was US$38.173 billion, a year-on-year increase of 28.7%. Among them, China's exports to Russia were 16.441 billion US dollars, an increase of 25.9%; China's imports from Russia were 21.732 billion US dollars, an increase of 31.0%.
Statistics show that in March, the trade volume between China and Russia was US$11.669 billion. Among them, China's exports to Russia were 3.825 billion US dollars, and China's imports from Russia were 7.844 billion US dollars.
According to data from the General Administration of Customs of China at the beginning of this year, the bilateral trade volume between China and Russia in 2021 will be US$146.887 billion, a year-on-year increase of 35.8%. Among them, China's exports to Russia were 67.565 billion US dollars, a year-on-year increase of 33.8%; China's imports from Russia were 79.322 billion US dollars, a year-on-year increase of 37.5%. Agricultural products and food have become one of the important growth points of Russia's exports to China. News reports show that China has been Russia's largest trading partner for 12 consecutive years.
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