Ukraine-China bilateral trade has increased by more than 60 times over 30 years
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Bilateral trade between China and Ukraine reached a record $15.76 billion from January to October 2021, or a third more than in the same period of 2020, ukrinrofrm.net reported, citing Chinese Ambassador to Ukraine Fan Xianrong.
The diplomat noted that over the past 30 years, bilateral trade has increased by more than 60 times: initially, it amounted to only $230 million and reached $14.66 billion in 2020.
“In the period from January to October 2021 alone, the trade turnover reached $15.76 billion, or 32.2% more than in the same period in 2020. This is a new record in Chinese-Ukrainian trade, and China has consistently remained Ukraine’s largest trading partner,” Fan wrote.
He added that Ukraine, in turn, has become China’s largest trading partner in the sale of corn and oil.
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