Mutual trade between Russia and China amounted to nearly $38.2 billion (243.03 billion yuan) in the first three months of the current year, marking substantial growth of 27.8% in yuan terms compared to the same period a year ago.
China’s exports to Russia surged 25.9% to $16.44 billion, while Russia’s sales to China grew by 31% and totaled $21.73 billion, Chinese customs spokesman Li Kuiwen said at a press conference on Wednesday.
In March, China’s total trade with Russia reportedly rose 12.8%, while the country’s total global trade increased 7.8%. Meanwhile, China’s trade with Ukraine reportedly climbed to 29.6 billion yuan, up 10.6% in the quarter.