Flag China / Russia Flag

2021
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Exports
: $67.7B, Rnk 15 / 209

2021
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Top Product
: $5.62B, Broadcasting Equipment

2021
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Exports
: $70.9B, Rnk 1 / 192

2021
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Top Product
: $35.4B, Crude Petroleum

2021
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Economic Complexity (ECI)
: ECI 1.07, Rnk 25 / 131

2021
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Economic Complexity (ECI)
: ECI 0.46, Rnk 45 / 131

2021
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GDP
: $17.7T, CURRENT US$
Rnk 2 / 182

2011-2021
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GDP GROWTH
: 135%, CURRENT US$
Rnk 6 / 182

2021
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 GDP
: $1.78T, CURRENT US$
Rnk 11 / 182

2011-2021
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GDP GROWTH
: -13.2%, CURRENT US$
Rnk 167 / 182

2021
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GDP PC 
: $12,556, CURRENT US$
Rnk 58 / 182

2011-2021
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GDP PC GROWTH
: 124%, CURRENT US$
Rnk 4 / 182

2021
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GDP PC
: $12,173, CURRENT US$
Rnk 61 / 182

2011-2021
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GDP PC GROWTH
: -14.9%, CURRENT US$
Rnk 153 / 182

China-Russia In 2021, China exported $67.7B to Russia. The main products that China exported to Russia are Broadcasting Equipment ($5.62B), Computers ($3.85B), and Motor vehicles; parts and accessories (8701 to 8705) ($1.53B). During the last 26 years the exports of China to Russia have increased at an annualized rate of 15.3%, from $1.66B in 1995 to $67.7B in 2021.

In 2021, China did not export any services to Russia.

Russia-China In 2021, Russia exported $70.9B to China. The main products that Russia exported to China were Crude Petroleum ($35.4B), Coal Briquettes ($4.69B), and Refined Petroleum ($3.91B). During the last 26 years the exports of Russia to China have increased at an annualized rate of 12.7%, from $3.18B in 1995 to $70.9B in 2021.

In 2020, Russia exported services to China worth $2.62B, with Transportation ($1.02B), Construction services ($617M), and Other business services ($436M) being the largest in terms of value.

Comparison In 2021,  China ranked 25 in the Economic Complexity Index (ECI 1.07), and 1 in total exports ($3.34T). That same year, Russia ranked 45 in the Economic Complexity Index (ECI 0.46), and 10 in total exports ($484B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, China exported $67.7B to Russia. The main products exported from China to Russia were Broadcasting Equipment ($5.62B), Computers ($3.85B), and Motor vehicles; parts and accessories (8701 to 8705) ($1.53B). During the last 26 years the exports of China to Russia have increased at an annualized rate of 15.3%, from $1.66B in 1995 to $67.7B in 2021.

In 2021, Russia exported $70.9B to China. The main products exported from Russia to China were Crude Petroleum ($35.4B), Coal Briquettes ($4.69B), and Refined Petroleum ($3.91B). During the last 26 years the exports of Russia to China have increased at an annualized rate of 12.7%, from $3.18B in 1995 to $70.9B in 2021.

Market Competitiveness

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Color

China
Top Destination
: United States, $530B

Russia
Top Destination
: China, $70.9B

This map shows whether countries import more from China or Russia. Each country is colored based on the difference in imports they receive from China and Russia or the difference in the growth in imports.

In 2021, countries that imported more from China than Russia were United States ($530B), Hong Kong ($323B), and Japan ($168B).

In 2021, countries that imported more from Russia than China were Belarus ($20.5B), Kazakhstan ($18.1B), and Finland ($8.93B).

Comparative Advantage China - Russia

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Flow
Scale

This chart compares trade between China and Russia by product, considering products traded by both, China and Russia.

During 2021, China had a large net trade with Russia in the exports of Machines ($31B), Metals ($5.64B), and Textiles ($5.36B).

During 2021, Russia had a large net trade with China in the exports of Mineral Products ($51.1B), Metals ($4.89B), and Wood Products ($3.6B).

Bilateral Service Trade

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In 2020, Russia exported services to China worth $2.62B, with Transportation ($1.02B), Construction services ($617M), and Other business services ($436M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more China has comparative advantage over Russia. Similarly, the more yellow a dot/product is, the more Russia has comparative advantage over China.