Overview In July 2021 China exported $5.54B and imported $6.71B from Russia, resulting in a negative trade balance of $1.17B. Between July 2020 and July 2021 the exports of China have increased by $647M (13.2%) from $4.89B to $5.54B, while imports increased by $1.93B (40.4%) from $4.78B to $6.71B.
Trade In July 2021, the top exports of China to Russia were Telephones ($441M), Computers ($235M), Rubber Footwear ($131M), Models and Stuffed Animals ($123M), and Cars ($119M). In July 2021 the top imports of China from Russia were Crude Petroleum ($3.45B), Coal Briquettes ($665M), Sawn Wood ($334M), Petroleum Gas ($312M), and Refined Copper ($255M).
Origins In July 2021 the exports of China were mainly from Zhejiang Province ($1.19B), Guangdong Province ($1B), Jiangsu Province ($558M), Shandong Province ($531M), and Shanghai Province ($305M), while imports destinations were mainly Heilongjiang Province ($1.58B), Beijing ($1.47B), Shandong Province ($1.11B), Liaoning Province ($391M), and Zhejiang Province ($333M).
Growth In July 2021, the increase in China's year-by-year exports to Russia was explained primarily by an increase in product exports in Cars ($84.2M or 241%), Rubber Footwear ($52.4M or 66.7%), and Large Construction Vehicles ($46.9M or 233%). In July 2021, the increase in China's year-by-year imports from Russia was explained primarily by an increase in product imports in Crude Petroleum ($1.28B or 59%), Coal Briquettes ($507M or 320%), and Petroleum Gas ($182M or 140%).