Russia-China trade grows 4.5 per cent


FE Team | Published: September 09, 2019 23:25:55


Russia-China trade grows 4.5 per cent


BEIJING, Sept 09 (TASS): Trade turnover between Russia and China in January-August 2019 grew 4.5 per cent to $70.59 bln, China's General Administration of Customs said on Sunday.
According to the data published by the agency, the volume of Chinese exports to Russia showed zero growth the first eight months of this year, estimated at nearly $31.14 bln. China's imports of Russian goods and services increased 8.3 per cent to $39.45 bln.
In July, trade turnover between the two countries reached $9.41 bln.
In 2016, Russian-Chinese trade rose 2.2 per cent, reaching $69.52 bln. In 2017, this number grew 20.8 per cent to $84.07 bln, and in 2018 it exceeded $107 bln, showing a 27.1 per cent growth.

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