Russia-China January-May trade volume jumps by 22.9% to $109.5 billion — customs

Trade between Russia and China experienced significant growth during the first five months of the year, climbing by nearly 23% to reach a total value of $109.5 billion. This surge reflects a strengthening economic partnership between the two nations despite shifting global market conditions. Data from customs officials indicates that the momentum remained steady as the spring progressed. Specifically, the bilateral trade volume for May held firm at $23.72 billion, mirroring the figures recorded in April. This consistent performance underscores the resilience of the commercial ties currently linking Moscow and Beijing.

The sustained growth in trade volume highlights the deepening economic integration between Russia and China as both nations navigate international sanctions and evolving geopolitical alliances.