World meat industry news

Trade between Russia and China continues to show stable growth, which indicates the strengthening of trade relations between the two countries. In the first half of this year, trade turnover increased by 1.8%, reaching an impressive level of $116.87 billion. These figures, published by the General Administration of Customs of China, are clear evidence that trade between Russia and China continues to develop rapidly.

Analyzing Chinese customs statistics, interesting trends can be identified. Thus, Russian exports of goods to China in January-June of this year increased by 3.9%, reaching $65.21 billion. This growth suggests that Russian goods are in stable demand from the Chinese market. On the other hand, Chinese exports to Russia during this period decreased by 0.8%, amounting to $51.66 billion. This may be due to various factors, including changes in demand for certain products or market fluctuations.

Economic relations between Russia and China remain a priority for both countries, and the increase in trade turnover is an important indicator that cooperation continues to expand. It is important to note that both countries are actively working to improve terms of trade and investment, which contributes to the sustainable growth of economic ties.

This positive trend in trade between Russia and China indicates the prospects for further development of economic relations between the two countries. Given the dynamic development of the global economy and changing terms of trade, cooperation between Russia and China has the potential to be further strengthened and expanded in various sectors.