"China's growth is very serious," Davydov said. "I think the task set by our countries' leaders in terms of trade at $200 billion, if there are no cataclysms, is achievable this year."
He said trade with India, Turkiye and Azerbaijan is also growing.
"These countries have already replaced our trade with Europe: the southern and eastern directions are developing very actively," Davydov said.
The trade turnover between Russia and the European Union in 2022 reached a maximum in eight years - 258.6 billion euros ($282 billion), while European countries' imports from Russia were at the level of a historical maximum, according to a RIA Novosti calculation in March based on Eurostat data.