Russian-Chinese trade up by 59% y/y in Jan-May.

By bne IntelliNews June 15, 2010
Russian-Chinese trade in Jan-May 2010 reached USD 4.75bn, according to RIA Novosti agency citing Chinese custom officials. This makes a 55.8% y/y increase. In the reporting month Russian exports to China grew by 57.4% y/y to USD 2.55bn, while imports went up by 53.8% y/y to USD 2.2bn. In Jan-May 2010 overall, exports to China stood at USD 11.69bn and imports at USD 9.32bn. The share of Russia in overall foreign trade of China in Jan-May 2010 amounted to 1.9% y/y.
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