Commodity turnover of Russia and China exceeded 40 billion dollars from beginning of year

Commodity turnover of Russia and China in the first four months of this year increased annual terms by 19.8 percent, to $ 40.207 billion. This is reported by TASS with reference to the main customs management of the PRC.

In April, the volume of trade between the two countries amounted to 10,803 billion dollars.

Exports to Russia in January-April grew by 38.7 percent and amounted to about 18.19 billion dollars. At the same time, imports of Russian goods and services increased by 7.7 percent, to $ 22.016 billion

In late April, it was reported that against the background of strengthening sanctuction pressure from the United States, Russia began to gradually abandon the dollar. His share in Russia’s export calculations in the fourth quarter of last year was first fell below 50 and amounted to 48.3 percent, whereas a year earlier exceeded 61 percent.

At the end of March, Chief Economist Economist Intelligence Unit Simon Baptist said that the United States will be richer than China, judging by the GDP per capita.

/Media reports.