According to China’s customs data, China’s exports to Russia in the month of October grew by approximately 27 percent year-on-year, marking the fastest growth in nearly 11 months. In September, China’s exports to Russia also increased by 15.7 percent year-on-year. The trade volume between China and Russia reached $202.11 billion in the first ten months of this year.
In 2019, China-Russia’s total trade was $110 billion. The two countries set a goal then to double their trade volume. In 2021, China-Russia trade totaled $147 billion. The Russia-Ukraine war sped up the trade between China and Russia. Their trade volume surged to $190.27 billion in 2022, a growth of about 30 percent, and $240.1 billion in 2023, an increase of 26.3 percent. The two countries achieved their doubling goal ahead of schedule.
Sources:
1. Huanqiu, November 7, 2024
https://m.huanqiu.com/article/4KAIYOmFmrB
2. VOA, October 15, 2024
https://www.voachinese.com/a/china-s-exports-to-russia-grow-in-september-at-fastest-pace-20241015/7822803.html