Flag Russia / China Flag

2019
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Exports
: $58.1B, Rnk 1 / 197

2019
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Top Product
: $33.7B, Crude Petroleum

2019
FlagFlag
Exports
: $47.1B, Rnk 16 / 209

2019
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Top Product
: $4.1B, Broadcasting Equipment

2019
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Economic Complexity (ECI)
: ECI 0.58, Rnk 45 / 146

2019
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Economic Complexity (ECI)
: ECI 1.01, Rnk 29 / 146

2019
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GDP
: $1.7T, CURRENT US$
Rnk 11 / 187

2009-2019
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GDP GROWTH
: 39%, CURRENT US$
Rnk 113 / 187

2019
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 GDP
: $14.3T, CURRENT US$
Rnk 2 / 187

2009-2019
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GDP GROWTH
: 181%, CURRENT US$
Rnk 6 / 187

2019
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GDP PC 
: $11,585, CURRENT US$
Rnk 65 / 187

2009-2019
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GDP PC GROWTH
: 35.3%, CURRENT US$
Rnk 81 / 187

2019
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GDP PC
: $10,262, CURRENT US$
Rnk 71 / 187

2009-2019
Flag
GDP PC GROWTH
: 168%, CURRENT US$
Rnk 2 / 187

Russia-China In 2019, Russia exported $58.1B to China. The main products that Russia exported to China are Crude Petroleum ($33.7B), Refined Petroleum ($3.34B), and Sawn Wood ($2.52B). During the last 24 years the exports of Russia to China have increased at an annualized rate of 12.8%, from $3.21B in 1995 to $58.1B in 2019.

In 2018, Russia exported services to China worth $3.1B, with Transportation ($1.33B), Travel ($801M), and Construction services ($433M) being the largest in terms of value.

China-Russia In 2019, China exported $47.1B to Russia . The main products that China exported to Russia were Broadcasting Equipment ($4.1B), Computers ($2.13B), and Vehicle Parts ($1B). During the last 24 years the exports of China to Russia have increased at an annualized rate of 14.9%, from $1.66B in 1995 to $47.1B in 2019.

In 2019, China did not export any services to Russia.

Comparison In 2019,  Russia ranked 45 in the Economic Complexity Index (ECI 0.58), and 13 in total exports ($407B). That same year, China ranked 29 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($2.57T).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Russia exported $58.1B to China. The main products exported from Russia to China were Crude Petroleum ($33.7B), Refined Petroleum ($3.34B), and Sawn Wood ($2.52B). During the last 24 years the exports of Russia to China have increased at an annualized rate of 12.8%, from $3.21B in 1995 to $58.1B in 2019.

In 2019, China exported $47.1B to Russia. The main products exported from China to Russia were Broadcasting Equipment ($4.1B), Computers ($2.13B), and Vehicle Parts ($1B). During the last 24 years the exports of China to Russia have increased at an annualized rate of 14.9%, from $1.66B in 1995 to $47.1B in 2019.

Russia Exports

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Market Competitiveness

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Measure

Russia
Top Destination
: China, $58.1B

China
Top Destination
: United States, $429B

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

In 2019, countries that imported more from Russia than China were Belarus ($20.5B), Finland ($9.5B), and Kazakhstan ($13.9B).

In 2019, countries that imported more from China than Russia were United States ($429B), Hong Kong ($268B), and Japan ($152B).

Comparative Advantage Russia - China

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Depth

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

During 2019, Russia had a large net trade with China in the exports of Mineral Products ($42B), Wood Products ($3.4B), and Metals ($3.06B).

During 2019, China had a large net trade with Russia in the exports of Machines ($20.2B), Textiles ($5.02B), and Metals ($3.99B).

Flow

Tariff Section

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This section shows import tariffs for products traded between Russia and China (using the HS6 product classification and the last year reported).

In 2019, the products from Russia that paid the highest import tariffs to enter China were Ethyl alcohol and other spirits, denatured (69k%) and Undenatured ethyl alcohol > 80% by volume (37.4k%).

In 2019, the products from China that paid the highest import tariffs to enter Russia were Vermouth and other flavoured grape wines - pack < 2l (65%) and Vermouth and other flavoured grape wines - pack > 2l (65%).

*The tariffs present between Russia and China are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
350: Russian Generalized System of Preference
350: Russian Generalized System of Preference

Bilateral Service Trade

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In 2018, Russia exported services to China worth $3.1B, with Transportation ($1.33B), Travel ($801M), and Construction services ($433M) 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 red.  This mean that the more blue a dot/product is, the more Russia has comparative advantage over China. Similarly, the more red a dot/product is, the more China has comparative advantage over Russia.