China-Russian Federation Bilateral Trade Analysis 2023
Complete trade statistics: $239.02B total volume •China deficit: $18.99B
China → Russian Federation
$110.01B
Exports (2023)
Russian Federation → China
$129.00B
Imports (2023)
Trade Balance
$18.99B
Deficit for China
Total Trade
$239.02B
Combined Volume
Trade Flow Visualization
Direct trade relationship between China and Russian Federation. Green line shows exports from China, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the China-Russian Federation commercial relationship and competitive positioning in global markets.
China → Russian Federation Exports
Export Market Intelligence
🎯 Strategic Export Focus
China's export portfolio to Russian Federation demonstrates strong diversification across multiple sectors, with vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc representing a key competitive advantage in this bilateral market.
Russian Federation → China Imports
Import Dependency Profile
📦 Import Strategy Analysis
China's import pattern from Russian Federation reveals strategic sourcingin oils: petroleum oils and oils obtained from bituminous minerals, crude, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
China demonstrates competitive strength in exportingvehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc to Russian Federation, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $239.02B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: China-Russian Federation Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $239.02 billionrepresenting a significant bilateral economic relationship
- Trade Balance: China maintains a deficit of $18.99 billion
- Export Focus: China's primary exports include vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc, vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, tractors: road, for semi-trailers
- Import Dependencies: Key imports from Russian Federation include oils: petroleum oils and oils obtained from bituminous minerals, crude, coal: bituminous, whether or not pulverised, but not agglomerated, petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents one of the world's largest trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $239.02B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with China leveraging its comparative advantages in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
China's specialization in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cccomplements Russian Federation's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in oils: petroleum oils and oils obtained from bituminous minerals, crude.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $239.02B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $239.02B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $239.02 billion bilateral trade volume represents a major economic driverfor both economies.
Industrial Integration
Trade flows in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc and oils: petroleum oils and oils obtained from bituminous minerals, crude demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
China's trade deficit of $18.99 billion impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between China and Russian Federation represents a total trade volume of $239.02 billion in 2023. This partnership demonstrates an unfavorable trade balance for China, with imports exceeding exportsby $18.99 billion.
Export Strengths
China's exports to Russian Federation total $110.01 billion, with competitive advantages in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc, representing $5.77B or5.2% of bilateral exports.
Import Dependencies
Imports from Russian Federation amount to $129.00 billion, highlighting economic interdependence in oils: petroleum oils and oils obtained from bituminous minerals, crude, with Oils: petroleum oils and oils obtained from bituminous minerals, crude comprising47.0% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates China's strategic sourcing from Russian Federation. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between China and Russian Federation in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023