Trade turnover between Russia and China in the first 11 months of 2016 grew by 1.6% y/y and reached 62.37 billion dollars. This is stated in the report of the General Customs Administration of China released today.
During the same period, the volume of deliveries of Russian goods to China fell by 4.1% and amounted to 28.98 billion dollars. Chinese exports to the Russian Federation in January - November increased by 7.2% - to 33.39 billion dollars.
Trade turnover between Russia and China decreased by 27.8% in 2015 to 422.7 billion yuan (64.2 billion US dollars). The volume of exports of Chinese goods to Russia fell by 34.4% last year to 216.2 billion yuan (32.9 billion dollars), while imports of Russian goods to China decreased by 19.1% to 206.5 billion yuan (31.4 billion dollars).