China-Russia Trade in First Nine Months of 2023 Up 29.5% to $176.4 Bln: Chinese Customs

CC BY 4.0 / Russia's Ministry of Defense / The flags of Russia and China
The flags of Russia and China - Sputnik Africa, 1920, 13.10.2023
BEIJING (Sputnik) - In February 2022, Chinese President Xi Jinping unveiled a new target to raise trade turnover between Russia and China by an annual $250Bln. This June, Russian Foreign Minister Sergey Lavrov explained that this bilateral trade and economic cooperation continues to expand, despite attempts by some countries to derail it.
China-Russia trade in January-September 2023 grew 29.5% to $176.4 billion, China's General Administration of Customs said.
During the reporting period, China supplied goods to Russia worth $81.4 billion, an increase of 56.9 percent on the same period in 2022; deliveries from Russia to China increased by 12.7% to $94.9 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 Africa, 1920, 20.09.2023
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Meanwhile, US-China trade in January-September 2023 decreased 14% year-on-year to $495.9 billion, China's General Administration of Customs said.
Chinese exports to the US in the reporting period shrunk 16.4% year on year to $372.2 billion; deliveries from the US to China dropped 6% to $123.7 billion.