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Russia-China Trade Up 27.7% in 10 Months of 2023

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russia china trade turnover cover - Sputnik International, 1920, 07.11.2023
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Trade turnover between Russia and China for the months January to October 2023 increased by 27.7% and amounted to $196.48 billion, according to data from the General Customs Administration of the People's Republic of China.
China delivered goods worth $90.076 billion to Russia in the reporting period, 52.2% higher than during the same period in 2022, and deliveries from Russia to China increased by 12.4% to $106.405 billion.
Separately, in October, trade turnover between the two countries reached nearly $19.8 billion, with Russia exporting $11.1 billion of goods to China and purchasing $8.68 billion of goods.
By the end of 2022, trade turnover between the partners grew by 29.3% to a record $190.271 billion.
March 21, 2023. Flags in the Malachite Hall of the Grand Kremlin Palace, where the signing ceremony of joint documents on deepening relations and areas of cooperation until 2030 between Russia and China will take place. - Sputnik International, 1920, 22.10.2023
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The leaders of Russia and China had earlier set a goal of doubling trade turnover, bringing it from $100 billion a year in 2018 to $200 billion by 2024. After talks between leaders Vladimir Putin and Xi Jinping in Beijing on 4 February, Kremlin spokesman Dmitry Peskov said the Chinese president outlined a new target of $250 billion a year.
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