Trade Turnover Between Russia and China Reaches $214.3 Billion
Trade turnover between the two countries increased by 30.6% year-on-year in January–September.
Trade turnover between the two countries increased by 30.6% year-on-year in January–September.
Trade turnover between Russia and China reached $214.3 billion in January–September 2026, marking a 30.6% increase compared with the same period last year. This was reported by China's General Administration of Customs.
During the reporting period, China's exports to Russia increased by 33.1% to $98.06 billion, while Russian exports to China rose by 28.6% to $116.24 billion. As a result, Russia's trade surplus with China reached $18.16 billion, up 10.1% year-on-year.
In September, bilateral trade turnover increased by 13.5% compared with August, reaching $29.06 billion. China's exports to Russia amounted to $13.39 billion, while Russian exports to China reached $15.67 billion.
Russia's main exports to China include crude oil, natural gas, coal, copper and copper ore, timber, seafood, and agricultural products. China exports automobiles, tractors, computers, smartphones, industrial equipment, and a wide range of consumer goods to Russia.
The two countries continue to cooperate on improving the structure of bilateral trade, expanding e-commerce, and developing primary processing projects.
It is worth noting that China-Russia trade turnover reached a record high of more than $244 billion in 2024. However, in 2025, the figure declined by 6.9% to $228.1 billion. Igor Morgulov, Russia's ambassador to China, previously stated that bilateral trade turnover could eventually reach $300 billion.