The trade turnover between Russia and China in six months increased by more than 25%

 Trade turnover between Russia and China in January - July increased by 25.5% in annual terms - to $46.82 billion Such data are published on Tuesday report to the General administration of customs of PRC.

 During this period the volume of exports from China to Russia increased by 21.8% to $23,39 billion While imports of Russian goods to China over the same period rose by 29.5%, to $23,43 billion.

 The increase in Russian exports to China is due, in particular, increasing demand for them among the population of China. Food products from Russia are considered to be in the neighboring state of environmentally friendly and organic, so are valued much higher local counterparts. 

 In July 2017, the trade turnover between the two countries amounted to $7,02 billion In Russia was exported Chinese goods in the amount of $3,96 billion, while imports from Russia to China amounted to $3.06 billion.

 Recall that the trade turnover between Russia and China at the end of 2016 increased by 2.2% in annual terms and reached $69,52 billion.

In early August, Minister of economic development of Russia Maxim Oreshkin said that the trade turnover between Russia and China at the end of 2017 could reach $80 billion. He also noted that by 2020 this figure could grow to $200 billion.

 It is important to note that the entrepreneurs of Autonomous district is actively cooperate with the Chinese business community. In may this year, was held a business mission of entrepreneurs of Ugra timber industry sphere. In preparation for the business mission of the Fund's specialists carried out a preliminary search of potential partners for companies of Ugra and translation of presentation materials into Chinese. The delegation of Ugra includes 5 small and medium-sized businesses. In the framework of the business program of the business mission, the delegation visited the largest international exhibition of timber and wood product 6, The Imported Wood (Shanghai) Exhibition. The event was concluded 3 of the export contract for the supply of lumber.

 The Foundation "support Centre for Ugra export" invites to cooperation companies interested in entering the China market and other overseas markets. To take advantage of our help in the organization of export, call us by phone 8 (3467) 388-400 or write to the email address info@export-ugra.ru.