Chart of the Day: Russian Attacks Threaten Ukraine’s Burgeoning Trade With China

Russian military action in Ukraine has threatened to jeopardize China’s nearly $20 billion annual trade with the Eastern European country.

China has been Ukraine’s largest trade partner since 2019. Its imports from Ukraine have been growing since 2017, while exports to the country have been on an upward trajectory since 2015 except for a drop in 2020, data from China’s General Administration of Customs show.