BEIJING (Sputnik) – The overall volume of bilateral trade in July amounted to $7.02 billion, whereas in 2016 the figure totaled $5.65 billion, according to the customs administration. Chinese exports to and imports from Russia reached $3.96 billion and $3.05 billion, respectively.
Chinese exports have risen by 21.8 percent year-on-year over January-July, whereas import figures indicate a growth of 29.5 percent.
In 2016, the trade turnover between Beijing and Moscow increased by 2.2 percent to $69.5 billion, according to Chinese data. China’s exports to Russia grew by 7.3 percent, amounting to $37.3 billion, whereas the value of imports from Russia dropped by 3.1 percent to $32.2 billion. In turn, the Russian Federal Customs Service indicated that the trade turnover between the countries totaled $66.1 billion.