Russia and China increase trade turnover in 2024

According to the General Administration of Customs of the People's Republic of China's report, Russia and China have increased their trade turnover by almost 2%. The turnover amounted to $158.4 billion in total.

In the first 8 months of 2024, China exported products to Russia worth about $72 billion (+0.4%), while Russia supplied goods to China worth $86.5 billion (+3.2%).

It is noted that Moscow and Beijing traded for $21.6 billion in August alone. Russia purchased products for $10.2 billion, while China's purchases amounted to $11.4 billion.

Last year, Russia and China increased trade turnover by 26.3%. It amounted to a record $240 billion.