Russia

Russia-China trade up 44% to record $48 bln in 2007

11:28 17/01/2008

BEIJING, January 17 (RIA Novosti) - Russian-Chinese trade grew 44.3% year-on-year in 2007 to a record $48.16 billion, the Russian trade mission in China said on Thursday, citing China's customs statistics.

Russian exports to China grew 12.1% to $19.67 billion while Chinese exports to Russia went up 79.9% to $28.48 billion, registering a trade surplus in favor of China for the first time in bilateral trade relations, the trade mission said.

In 2006, Russia-China trade amounted to about $28.6 billion, according to Russia's statistics.

Russia and China earlier set a joint goal of increasing bilateral trade to $60 billion and possibly to $80 billion by 2010.

Add to blog
Send to friend
Share

Add to blog

You may place this material on your blog by copying the link.

Publication code:

<div style="border:1px solid #d3d3d3; padding:17px 0 0px 17px; background:#ffffff; width:510px;"><div style="width:100%; overflow:hidden;"><a target="_blank" href="http://en.rian.ru/russia/20080117/97148666.html" style="text-decoration:none;"><img src="http://en.rian.ru/i/eng/logo_sml.gif" alt="RIA Novosti" title="RIA Novosti" style="float:left; margin-right:10px;" border="0" /></a><a target="_blank" href="http://en.rian.ru/russia/20080117/97148666.html" style="color:#000000;text-decoration:none;display: block; margin: 0 10px 0 0 ;"><strong style="font:19px Georgia,Arial,sans-serif; line-height:16px; font-weight:bold;">Russia-China trade up 44% to record $48 bln in 2007</strong></a><p style="font:13px Georgia,Arial,sans-serif; padding:5px 10px 0px 0;"><span style="color:#5590bf;">11:28</span> <span style="color:#5590bf; padding-right:7px;">17/01/2008</span> <span style="font-size:12px;">Russian-Chinese trade grew 44.3% year-on-year in 2007 to a record $48.16 billion, the Russian trade mission in China said on Thursday, citing China's customs statistics. <a target="_blank" style="color:#335f86; padding-left:10px; text-decoration:underline;" href="http://en.rian.ru/russia/20080117/97148666.html" title="Russia-China trade up 44% to record $48 bln in 2007">>></a></span></p><div style="padding:6px 0 15px 30px; font:10px Verdana,sans-serif;"><a target="_blank" style="color:#114472; text-decoration:underline;" href="http://en.rian.ru" title="RIA Novosti">Other news of the day</a></div></div></div>

Preview:

Russia-China trade up 44% to record $48 bln in 2007

11:28 17/01/2008 Russian-Chinese trade grew 44.3% year-on-year in 2007 to a record $48.16 billion, the Russian trade mission in China said on Thursday, citing China's customs statistics. >>

Other news of the day