Russia-China bilateral trade has exceeded US$200 billion for three consecutive years, with China remaining vital for Russia’s economy. Key exports for Russia are oil and gas, while China sends cars, electronics, and industrial components, with both nations deepening strategic cooperation and substantial joint infrastructure projects and connectivity despite global pressures. The trade mix however is changing as Russia looks to access markets deeper into the country and its significant Central and Southern populations.
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Although China has currently suspended Russian electricity imports, it purchased 306.5 million kWh in 2025, according to data from the Chinese customs administration. In monetary terms, this amounted to US$13.97 million. The sole electricity export/import operator in Russia, Inter RAO, has not yet published its data for 2025. The company reported supplying 900 million kWh […]
In 2025, Russia-China trade entered a new and more complex phase. After four consecutive years of uninterrupted expansion, bilateral trade turnover declined for the first time since the covid pandemic in 2020. According to Chinese customs data cited by Russia’s Trade Representative to China Alexey Dakhnovsky, two-way trade fell by 6.9% year-on-year, reaching US$228.105 billion. […]
China has suspended its electricity purchases from Russia from January 1, the result of high export prices, which exceeded domestic Chinese prices for the first time. However, the cessation is likely to be medium term and resume next year when prices readjust. Inter RAO (an export-import operator) exports surplus electricity from the Russian Far East […]
China has authorized another 13 Russian fishing companies to supply products to its market, the Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) said, citing a decision by China’s General Administration of Customs. This includes six Sakhalin-based companies (including two transport refrigerators) and three from Kamchatka. The rest are from Primorye Territory and the Murmansk […]
Russia exported over 911,000 tonnes of meat and meat products in 2025, up 10.6% year-on-year, according to the Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) said, citing data from the Veterinary Information System (FGIS VetIS). Exports of poultry meat and edible offal increased 7.2% to 409,500 tonnes from 382,100 tonnes in 2024. The main […]
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Russia made record revenues of almost US$62 million from the export of oats in 2025, compared with US$59.3 million in 2024, the Agroexport federal centre has said. The weight of the exports exceeded 280,000 tonnes. The biggest importer was China, which purchased over US$56 million of oats from Russia, followed by Mongolia with around US$4 […]
A landmark of sorts has been reached as Russia’s Gazprom supplied 38.8 billion cubic meters of gas to China via the Power of Siberia pipeline in 2025. That is 24.8% higher than the 2024 figure and means that the company exported more pipeline gas to China than to European countries—including Turkiye. While the UK and […]
The joint venture between Russia’s SIBUR and China’s Sinopec, which owns the Krasnoyarsk Synthetic Rubber Plant (KZSK), has redomiciled from Cyprus to the special administrative region on Russky Island, Vladivostok Urban District, the Unified State Registry of Legal Entities (USRLE) has stated. The USRLE said that Sibur-Sinopec Rubber Holding Company International LLC redomiciled in late […]
Major Chinese aseptic packaging manufacturers are showing interest in Russian companies producing cardboard food packaging, with the most likely Russian partner being Lambumiz , a leading dairy packaging manufacturer, with potential acquisition of a 25% stake, according to Russian industry sources. Apparently several of China’s largest aseptic packaging manufacturers are interested in potential equity stakes […]
A common online theme often raised by economic and development critics towards Russia is related to the increasing trade and investment between the two countries. China, as a one-party state, needs to keep its economy growing in the medium-long term to satisfy its huge population. Consequently, GDP growth levels are ideally maintained at rates of […]
U.S. President Donald Trump has renewed his threat of imposing punitive tariffs of up to 500% on countries such as India, China, and Brazil that continue to import Russian crude oil. While the announcement has generated immediate political noise, it has thus far resulted in limited economic shockwaves. Trump’s decision to “greenlight” legislation threatening 500% […]
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