Trade

China Is Selling So Much to Russia That Containers Are Piling Up

Russia expects trade with China to top $200 billion in 2023
As sanctions cut off old trade ties, trade with China boomed

Trade between China and Russia jumped 37% in the first seven months this year. — Trade between China and Russia jumped 37% in the first seven months this year.
Photographer: Dan Kitwood/Getty Images

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By Brendan Murray

September 28, 2023 at 5:10 PM UTC

Updated on

September 28, 2023 at 6:03 PM UTC

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Russia currently has 150,000 excess shipping containers that rail depots are struggling to manage, reflecting a surge in Chinese goods flowing into the country but much less moving out.

This is according to an analysis published Thursday by Container xChange, a Hamburg, Germany-based trading platform.