World News | China-Russia Trade Turnover Fell by 6% to $49.1 Billion in 1st Half of 2020 - Customs Data

Moscow [Russia], July 14 (Sputnik/ ANI): Trade flow between China and Russia in the first quarter of 2020 came in at $49.1 billion, a 6 percent drop from the same period last year, according to statistics from China's General Administration of Customs (GACC).

According to the GACC's spreadsheet, China's exports to Russia fell by 6 percent year on year between January and June, totaling just $20.94 billion, while Russia's exports dropped by 5.9 percent to $37.6 billion.

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Trade turnover between the two countries reached $8.19 billion in June alone, with China delivering $3.98 billion worth of products to Russia, and the latter sending $4.2 billion worth of exports to China.

At the end of 2019, trade between Russia and China grew by 3.4 percent and amounted to a record $110.75 billion. (Sputnik/ ANI)

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(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)