The trade turnover between the Russian Federation and China increased by 27,8% in January-November period

On Saturday General Customs Administration of China published the report about the turnover results. The trade turnover between Russia and China grew by 27,8% to $97,23 billion in January-November of the current year.

The volume of exports from China increased by 12% and exceeded $43,45 billion over this period. Imports of Russian goods and services in China rose by $44,3% – to $53,78 billion. In November the two countries’ trade amounted to $ 9,9 billion.

At the end of 2016 the volume of trade between Russia and China grew by 2,2% in annual terms and reached $69,52 billion. In 2017 this figure increased by 20,8% in annual terms, to $84,07 billion.