China Has Exported USD700 Million in Goods to Russia Since Start of E-Commerce Freight Flights
Yicai Global
/SOURCE : Yicai
China Has Exported USD700 Million in Goods to Russia Since Start of E-Commerce Freight Flights

(Yicai Global) June 16 -- China has exported 7,185 tons of products worth nearly USD700 million to Russia since the first Sino-Russia e-commerce freight charter flight took off.

This supply line has now become a major channel for cross-border e-commerce between the two countries.

Harbin, capital of North China's Heilongjiang province, was the first to offer a freight flight to Russia in November 2013, thanks to its geographical advantages, with exports reaching USD700 million in just three years, Xinhua News Agency reported. Inaugurated on Nov. 26, 2013, the Harbin-Yekaterinburg cargo flight was China's first such flight to Russia. It focused on delivering small e-commerce packages weighing less than one kilogram. Its destinations include Yekaterinburg, Novosibirsk and Khabarovsk, but the flight could reach as far as Moscow.

Since the flight's inception, the delivery time for small e-commerce packages from China to Russia has decreased from 33 days on average, to the current 7-10 days, thus improving Russian consumers' experience. Harbin has now become the top city in China in terms of the number of cross-border e-commerce platforms serving Russian buyers, the number of e-commerce parcels delivered to Russia and the value of retail exports to its northern neighbor. Harbin exported USD126 million worth of goods via freight charter flights in the first four months of this year, up 163 percent from a year ago, with small-parcel air delivery to Russia accounting for more than 30 percent of the national total.

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Keywords: E-COMMERCE , RUSSIA , BELT AND ROAD , Airlift , Cross Border Trade