Caixin
May 20, 2023 07:32 PM
BUSINESS

China-Russia Trade Dominates European Rail Freight As Ukraine War Drags On

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A train operating on the China-Europe freight route departs from Yiwu, Zhejiang on March 9th. It was headed for Madrid, Spain. Photo: VCG
A train operating on the China-Europe freight route departs from Yiwu, Zhejiang on March 9th. It was headed for Madrid, Spain. Photo: VCG

The number of freight trains travelling between China and Russia has surged since the start of the Ukraine war, hauling 90% of the total volume of goods traded between China and Europe by May this year , according to logistics insiders interviewed by Caixin.

This compares to 2021, when China-Russia freight carried by rail accounted for less than half of the European route, before dramatically increasing to 80% in 2022, a Shanghai-based logistics providers told Caixin.

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