Quantcast
Viewing latest article 34
Browse Latest Browse All 4056

Trade turnover between Russia, China grows by 26 percent in four months

Trade turnover between Russia and China increased by 26.2 percent in the first four months of the current year, to reach $24.73 billion, China’s customs department said in a report published on Monday.

During this period, China’s exports to Russia grew by 22 percent reaching $11.65 billion. At the same time, China’s imports from Russia increased by 30.1 percent to $13.08 billion, the report adds.

According to the Chinese customs department, on the whole, the country’ foreign trade grew by 13.6 percent in the first four months of 2017, reaching $1.22 trillion.

China’s exports grew by 8.1percent to $662.7 billion, while imports increased by 20.8 percent to $559.4 billion. In the first four months of the year, the trade balance surplus was $103.3 billion.

In 2016, China’s foreign trade decreased by 6.8 percent to $3.68 trillion. Trade turnover between China and Russia grew by 2.2 percent to reach $69.52 billion.

Source: TASS

Read more: How ‘Made in Russia’ eco-food can win Chinese consumers over


Viewing latest article 34
Browse Latest Browse All 4056

Trending Articles