Trade between Russia and China has soared to unprecedented levels, reaching a historic high in 2024. The bilateral trade turnover has more than doubled over the past seven years, solidifying China’s position as Russia’s top trading partner for 15 consecutive years. This robust economic relationship highlights the success of both nations’ efforts to expand commerce and reduce their reliance on Western currencies.
The trade relationship is characterized by a significant exchange of goods, with Russia exporting a variety of resources such as oil and metals, while importing machinery, vehicles, and electronics from China. This thriving trade serves as a testament to the strong economic ties and strategic cooperation between the two countries.
Sources:
Russia-China Trade Falls 9% in First Half of 2025 – The Moscow Times
Putin To Revive Russia-China Trade After Slump Following Record Growth? Big SCO Plan To Stun Trump – YouTube (Hindustan Times)
