Nathaniel Sher
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Since Russia’s full-scale invasion of Ukraine in February 2022, Chinese exports to Russia have risen by more than 60 percent. Many analysts suggest that trade with China is providing nothing short of a lifeline to Russia’s economy. In the process, China has emerged as the largest supplier of not only commercial goods, but increasingly of dual-use components covered by Western export controls.
Publicly available customs data indicate that every month, China is exporting over $300 million worth of dual-use products identified by the United States, the European Union, Japan, and the United Kingdom as “high priority” items necessary for Russia’s weapons production (Figure 1). While monthly transactions have declined from a peak of over $600 million in December 2023, China remains Russia’s largest supplier of these controlled products.
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