BEIJING, October 14. /TASS/. Trade between China and Russia rose by 30.6% year-on-year to $214.3 billion in January-September, according to the General Administration of Customs of China (GACC).
In the reporting period, Chinese exports to Russia grew by 33.1% to $98.06 billion, while imports of Russian products into China increased by 28.6% to $116.24 billion.
In January-September, Russia’s trade surplus with China reached $18.16 billion, which is 10.1% up year-on-year.
According to the GACC statistics, Chinese-Russian trade turnover in September rose by 13.5% compared to August, reaching $29.06 billion. In particular, Chinese exports to Russia totaled $13.39 billion (up 12.9%), while shipments from Russia to China increased by 13.9% to $15.67 billion.
In terms of value, the bulk of Russian goods supplied to China consists of oil, natural gas, and coal. Other key items include copper and copper ore, timber, fuel, seafood, and agricultural products. China exports automobiles, tractors, computers, smartphones, industrial and specialized equipment, and a wide range of consumer and industrial goods to Russia. Authorities in both countries are working to optimize the structure of bilateral trade, including through the development of e-commerce and primary processing projects.
In 2024, Chinese-Russian trade turnover reached a record high, exceeding $244 billion, but contracted by 6.9% to $228.1 billion in 2025. As Russian Ambassador to China Igor Morgulov said earlier, this annual figure could soon rise to $300 billion.