China's Exports To Russia Fell 2.8 Per Cent Year On Year, The First Decline

According to the statistics of the General Administration of Customs, the export trade volume to Russia in July was 9.99 billion US dollars, down 2.8% year-on-year. The data marks the end of a brief upturn in Chinese exports to Russia and another shift into a downward trend. Overall, in July 2024, the total import and export volume between China and Russia reached $19.7 billion, an increase of 1.5% year-on-year. Among them, the value of imports was 9.71 billion US dollars, an increase of 5.4%.