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Pricing

2022
Flag → Flag
Exports $75.4BRnk 16 / 211
2022
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Top Product $4.11BBroadcasting Equipment
2022
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Exports $101BRnk 1 / 138
2022
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Top Product $51BCrude Petroleum
2022
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Economic Complexity (ECI) ECI 1.01Rnk 24 / 124
2022
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Economic Complexity (ECI) ECI 0.42Rnk 45 / 124
2022
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GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
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GDP GROWTH111%CURRENT US$
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2022
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 GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
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GDP PC $12,720CURRENT US$
Rnk 67 / 186
2012-2022
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GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186
2022
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GDP PC$15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH-0.49%CURRENT US$
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About

China-Russia In 2022, China exported $75.4B to Russia. The main products that China exported to Russia are Broadcasting Equipment ($4.11B), Computers ($2.59B), and Large Construction Vehicles ($1.71B). During the last 27 years the exports of China to Russia have increased at an annualized rate of 15.2%, from $1.66B in 1995 to $75.4B in 2022.

In 2022, China did not export any services to Russia.

Russia-China In 2022, Russia exported $101B to China. The main products that Russia exported to China were Crude Petroleum ($51B), Coal Briquettes ($9.64B), and Petroleum Gas ($9.5B). During the last 27 years the exports of Russia to China have increased at an annualized rate of 13.7%, from $3.17B in 1995 to $101B in 2022.

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 2022,  China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T). That same year, Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B).

Latest Trends

February, 2024

About

Overview In February 2024, China exported $7.58B and imported $9.74B from Russia, resulting in a negative trade balance of $2.15B. Between February 2023 and February 2024 the exports of China have increased by $634M (9.11%) from $6.95B to $7.58B, while imports increased by $394M (4.22%) from $9.34B to $9.74B.

Trade In February 2024, the top exports of China to Russia were Cars ($397M), Computers ($276M), Telephones ($242M), Delivery Trucks ($235M), and Large Construction Vehicles ($180M). In February 2024 the top imports of China from Russia were Crude Petroleum ($4.32B), Coal Briquettes ($1.49B), Petroleum Gas ($967M), Refined Petroleum ($358M), and Sawn Wood ($170M).

Origins In February 2024 the exports of China were mainly from Zhejiang Province ($1.38B), Guangdong Province ($1.26B), Jiangsu Province ($611M), Shandong Province ($590M), and Anhui Province ($485M), while imports destinations were mainly Heilongjiang Province ($2.37B), Shandong Province ($2.01B), Beijing ($1.93B), Shanghai Province ($564M), and Jiangsu Province ($503M).

Growth In February 2024, the increase in China's year-by-year exports to Russia was explained primarily by an increase in product exports in Delivery Trucks ($183M or 358%), Cars ($170M or 74.4%), and Large Construction Vehicles ($96.7M or 117%). In February 2024, the increase in China's year-by-year imports  from Russia was explained primarily by an increase in product imports  in Coal Briquettes ($818M or 121%), Petroleum Gas ($527M or 120%), and Refined Petroleum ($95.7M or 36.5%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)$634M(9.11%)
IMPORT GROWTH (February 2023 - February 2024)$394M(4.22%)
MAIN EXPORTER (February 2024)Zhejiang Province$1.38B

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Russia and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $75.4B to Russia. The main products exported from China to Russia were Broadcasting Equipment ($4.11B), Computers ($2.59B), and Large Construction Vehicles ($1.71B). During the last 27 years the exports of China to Russia have increased at an annualized rate of 15.2%, from $1.66B in 1995 to $75.4B in 2022.

In 2022, Russia exported $101B to China. The main products exported from Russia to China were Crude Petroleum ($51B), Coal Briquettes ($9.64B), and Petroleum Gas ($9.5B). During the last 27 years the exports of Russia to China have increased at an annualized rate of 13.7%, from $3.17B in 1995 to $101B in 2022.

Exports from China (Flag) to Russia (Flag) (2022)

Exports from Russia (Flag) to China (Flag) (2022)

Market Competitiveness

Color
China
Top DestinationUnited States$551B
Russia
Top DestinationChina$101B

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 ($551B), Hong Kong ($276B), and Japan ($178B).

In 2021, countries that imported more from Russia than China were Bulgaria ($5.55B), Slovakia ($7.55B), and Armenia ($2.45B).

Difference in imports from Russia (Flag) and China (Flag) (2022)

Comparative Advantage China - Russia

Flow
Scale

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

During 2022, China had a large net trade with Russia in the exports of Machines ($30.2B), Transportation ($7.4B), and Chemical Products ($6.93B).

During 2022, Russia had a large net trade with China in the exports of Mineral Products ($77.5B), Metals ($7.18B), and Wood Products ($3.19B).

Service Trade

Bilateral Service Trade

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.

Services Exports from Russia (Flag) to China (Flag) (2020)

Economic Complexity

Competitive Landscape

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.

Product Space of China (Flag) and Russia (Flag) (2022)

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