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zephyreks@lemmy.mlM to World News@lemmy.ml · 2 years ago

Russia-China Trade Imbalance Leads To 150,000 Empty Containers Piling Up In Russia

www.marineinsight.com

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Russia-China Trade Imbalance Leads To 150,000 Empty Containers Piling Up In Russia

www.marineinsight.com

zephyreks@lemmy.mlM to World News@lemmy.ml · 2 years ago
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The vast imbalance of Russia-China trade since the former invaded Ukraine has led to 150,000 empty containers piling up in Moscow.
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  • zephyreks@lemmy.mlOPM
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    2 years ago

    Looks like Russia gets to experience what the US has been experiencing for decades lol

    • grabyourmotherskeys@lemmy.world
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      2 years ago

      Yeah, 150k for the entire country seems like very few. Here’s the stats just for the Port of Los Angele: https://www.portoflosangeles.org/business/statistics/container-statistics

      • bobs_monkey@lemm.ee
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        2 years ago

        A few notes:

        • The US population is well over double that of Russia.
        • The Port of LA and Long Beach together process more cargo by volume than all other US ports combined (all the crap from China)
        • zephyreks@lemmy.mlOPM
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          2 years ago

          “crap from China” like cancer drugs, iPhones, and CNC machines. In fact, the top commodity in US-China trade is machinery and mechanical appliances.

        • Ooops@kbin.social
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          2 years ago

          We are talking about trade here, so compare them by economies instead of population. Puts Russia into perspective every single time…

          • bobs_monkey@lemm.ee
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            2 years ago

            Touché, I was just thinking in terms of volume if we’re comparing sheet number of containers

          • grabyourmotherskeys@lemmy.world
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            2 years ago

            Would they even stack up to California in terms of economic activity?

        • grabyourmotherskeys@lemmy.world
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          2 years ago

          I’m aware, just pointing out it’s hardly a unique situation.

  • fubo@lemmy.world
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    2 years ago

    They’ll be hauled to Ukraine and used as fortifications.

  • loathsome dongeater@lemmygrad.ml
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    2 years ago

    To add some context, Russia still surprisingly has trade surplus with China. From the CNN article about this:

    That included a surge of exports from China to Russia, which jumped 63.2% from a year ago to reach $71.8 billion. Imports into China rose at a more modest 13.3% to $83.3 billion.

    Probably because of fuel sales.

    • Endorkend@kbin.social
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      2 years ago

      China is getting fucktons of cheap gas, oil, rare earths and other resources out of Russia. As Russia has no actual products to sell.

    • FMT99@lemmy.world
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      2 years ago

      That was my first thought: oil and gas don’t come in containers.

  • EmoDuck@sh.itjust.works
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    2 years ago

    Reminds me of an old West German joke:

    Two guys stand at a railyard, watching the trains departing to the Soviet union.

    Guy 1: “What are we shipping out?”

    Guy 2: “Cars, steel, machine parts.”

    Guy 1: “And what are they sending back?”

    Guy 2: “If we are lucky the train.”

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