(VOVWORLD) -Trade turnover between China and Russia last year reached a record high of 240.1 billion USD, up 26.3% over the year 2022, China's General Administration of Customs announced data on Friday.
China exported goods to Russia worth 110.97 billion USD, an increase of 46.9% compared to 2022, while exports from Russia to China reached 129.13 billion USD, an increase of 12.7% compared to the previous year. In December last year, trade turnover between the two countries hit 21.9 billion USD.
The leaders of Russia and China previously set the task of doubling trade turnover between the two countries from 100 billion USD in 2018 to 200 billion USD in 2024. This target was achieved ahead of schedule as trade value in the first 11 months of last year exceeded the 200 billion USD mark, reaching 218.7 billion USD.
The products Russia exported the most to China are oil, gas and coal, copper, wood and seafood. China exported to Russia cars, smartphones, industrial equipment, furniture, electronic components, computers, air conditioners, toys, clothes, and shoes.