China increased exports to Russia to a record level
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China’s exports to Russia reached a record in April, jumping by 153% compared to last year — to $9.6 billion, according to Bloomberg.
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Trade growth
It is noted that after the recession after the invasion of the Russian Federation in Ukraine, trade increased sharply.
The total volume of Russian-Chinese trade reached the second highest level in history — about $19 billion, which is slightly less than the March peak.
Most of all, almost 20% of Chinese exports are transport equipment. This category, in particular, includes cars and spare parts for them.
Read: Exports of Russian oil to China reached a record since 2020 — Bloomberg
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Source: Ministry of Finance
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