Flag Russia / China Flag

2020
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Exports
: $49.3B, Rnk 1 / 187

2020
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Top Product
: $23.8B, Crude Petroleum

2020
FlagFlag
Exports
: $50.7B, Rnk 16 / 209

2020
FlagFlag
Top Product
: $4.63B, Broadcasting Equipment

2020
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Economic Complexity (ECI)
: ECI 0.5, Rnk 43 / 127

2020
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Economic Complexity (ECI)
: ECI 0.96, Rnk 28 / 127

2020
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GDP
: $1.48T, CURRENT US$
Rnk 11 / 195

2010-2020
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GDP GROWTH
: -2.72%, CURRENT US$
Rnk 164 / 195

2020
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 GDP
: $14.7T, CURRENT US$
Rnk 2 / 195

2010-2020
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GDP GROWTH
: 142%, CURRENT US$
Rnk 5 / 195

2020
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GDP PC 
: $10,127, CURRENT US$
Rnk 70 / 195

2010-2020
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GDP PC GROWTH
: -5.14%, CURRENT US$
Rnk 154 / 195

2020
Flag
GDP PC
: $10,435, CURRENT US$
Rnk 68 / 195

2010-2020
Flag
GDP PC GROWTH
: 129%, CURRENT US$
Rnk 5 / 195

Russia-China In 2020, Russia exported $49.3B to China. The main products that Russia exported to China are Crude Petroleum ($23.8B), Sawn Wood ($2.25B), and Refined Petroleum ($2.18B). During the last 25 years the exports of Russia to China have increased at an annualized rate of 11.6%, from $3.19B in 1995 to $49.3B in 2020.

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 2020, China exported $50.7B to Russia. The main products that China exported to Russia were Broadcasting Equipment ($4.63B), Computers ($2.84B), and Other toys ($1.1B). During the last 25 years the exports of China to Russia have increased at an annualized rate of 14.6%, from $1.66B in 1995 to $50.7B in 2020.

In 2020, China did not export any services to Russia.

Comparison In 2020,  Russia ranked 43 in the Economic Complexity Index (ECI 0.5), and 13 in total exports ($330B). That same year, China ranked 28 in the Economic Complexity Index (ECI 0.96), and 1 in total exports ($2.65T).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Russia exported $49.3B to China. The main products exported from Russia to China were Crude Petroleum ($23.8B), Sawn Wood ($2.25B), and Refined Petroleum ($2.18B). During the last 25 years the exports of Russia to China have increased at an annualized rate of 11.6%, from $3.19B in 1995 to $49.3B in 2020.

In 2020, China exported $50.7B to Russia. The main products exported from China to Russia were Broadcasting Equipment ($4.63B), Computers ($2.84B), and Other toys ($1.1B). During the last 25 years the exports of China to Russia have increased at an annualized rate of 14.6%, from $1.66B in 1995 to $50.7B in 2020.

Market Competitiveness

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Measure

Russia
Top Destination
: China, $49.3B

China
Top Destination
: United States, $438B

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 ($15.8B), Kazakhstan ($13.8B), and Finland ($6.81B).

In 2019, countries that imported more from China than Russia were United States ($438B), Hong Kong ($262B), and Japan ($151B).

Comparative Advantage Russia - China

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Flow

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

During 2020, Russia had a large net trade with China in the exports of Mineral Products ($32.3B), Metals ($3.81B), and Wood Products ($3.08B).

During 2020, China had a large net trade with Russia in the exports of Machines ($22.9B), Textiles ($5.35B), and Metals ($3.77B).

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 yellow.  This mean that the more blue a dot/product is, the more Russia has comparative advantage over China. Similarly, the more yellow a dot/product is, the more China has comparative advantage over Russia.