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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The goals of Russia’s trade and economic partnerships differ depending on the country; for example, with China it is increasing non-resource, non-energy exports, and with India it is balancing trade, according to government materials for a strategic session on the development of foreign economic activity. Documents state that “the central element of Russia’s foreign economic […]
On Tuesday, January 20, Russia’s Foreign Minister Sergey Lavrov convened his traditional annual press conference in Moscow to review the performance of Russian diplomacy in 2025 and set out the foreign policy and economic agenda for 2026. At this event—attended by hundreds of journalists—Lavrov emphasized that the diplomatic focus is no longer solely about geopolitical […]
Russia boosted crustacean exports by 10% year-on-year to 91,000 tonnes in physical terms, and increased revenues by 13% to over US$2 billion in 2025, according to the Russian Agriculture Ministry’s Agroexport center. The top 5 importers included China at US$1.2 billion, South Korea at around US$750 million, Japan at over US$33 million, Vietnam at over […]
Russia boosted exports of mineral fertilizer to China 6% year-on-year to nearly 5 million tonnes, totaling US$1.6 billion, up 12% year-on-year, in 2025, according to data from China’s General Administration of Customs. This was mainly China increasing its imports of potash fertilizer, the primary fertilizer imported from Russia, 9% year-on-year to 4.6 million tonnes, worth […]
Russia increased pork product exports to China by 60% to a value of US$86.5 million in 2025 from US$53.3 million in 2024, China’s General Administration of Customs (GACC) has reported. As a result, Russia became one of the top ten suppliers of pork products to China in terms of export revenue. China imported pork products […]
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Russia exported dairy products worth more than US$500 million in 2025, with supplies going to almost 100 countries worldwide, the head of the Agroexport federal center Ilya Ilyushin, said at the third forum of dairy industry leaders in Moscow on Tuesday (January 20). The final sales volumes are likely to be higher, as the December […]
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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