Russian trade with Iceland in 2014
based on data from the Federal Customs Service of Russia
Russia’s Trade with Iceland
In 2014, Russia’s trade with Iceland totaled $274,957,045, up 30.30% ($63,933,332) from 2013.
Russia’s exports to Iceland in 2014 totaled $19,333,135, up 20.49% ($3,287,081) from 2013.
Russia’s imports from Iceland in 2014 totaled $255,623,910, up 31.10% ($60,646,251) from 2013.
Russia’s trade deficit with Iceland in 2014 was $236,290,775, a 32.06% increase ($57,359,170) over 2013.
Iceland was Russia’s 97th largest trading partner in 2014 (up from 98th in 2013), accounting for 0.0351% of Russia’s total trade (up from 0.0251% in 2013).
Iceland was Russia’s 132nd largest export market in 2014 (just as in 2013), accounting for 0.0039% of Russia’s total exports (up from 0.0030% in 2013).
Iceland was Russia’s 69th largest supplier in 2014 (up from 73rd in 2013), accounting for 0.0894% of Russia’s total imports (up from 0.0619% in 2013).
Russia’s Exports to Iceland
The major share of Russian exports to Iceland in 2014 (and in 2013) was accounted for the following product types:
- Mineral products (HS codes 25-27) - 28.20% of Russia’s total exports to Iceland (41.58% in 2013);
- Wood and wood products (HS codes 44-49) - 8.75% of Russia’s total exports to Iceland (8.42% in 2013);
- Machinery, equipment and vehicles (HS codes 84-90) - 7.46% of Russia’s total exports to Iceland (6.66% in 2013);
- Chemical products (HS codes 28-40) - 5.97% of Russia’s total exports to Iceland (40.09% in 2013);
- Metals and products from them (HS codes 72-83) - 3.92% of Russia’s total exports to Iceland (1.05% in 2013);
- Food products and agricultural raw materials (HS codes 01-24) - 0.59% of Russia’s total exports to Iceland (1.28% in 2013).
The largest gains in Russia’s exports to Iceland in 2014 over 2013 were recorded for the following product groups:
- Articles of iron or steel (HS code 73) - an increase of $657,063;
- Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $376,095;
- Wood and articles of wood; wood charcoal (HS code 44) - an increase of $337,081;
- Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - an increase of $117,699;
- Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof (HS code 56) - an increase of $77,420.
The largest declines in Russia’s exports to Iceland in 2014 over 2013 were recorded for the following product groups:
- Fertilizers (HS code 31) - a decrease of $4,973,278;
- Ores, slag and ash (HS code 26) - a decrease of $930,050;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $288,099;
- Rubber and articles thereof (HS code 40) - a decrease of $264,837;
- Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $71,394;
- Miscellaneous articles of base metal (HS code 83) - a decrease of $71,279.
HS code |
Name of product group | Value of exports in 2014, US dollars ($) |
Percent share in total export | Value of exports in 2013, US dollars ($) |
Percent change in 2014 over 2013 |
---|---|---|---|---|---|
03 | Fish and crustaceans, molluscs and other aquatic invertebrates | 0 | 0.00 | 71,394 | -100.00 |
22 | Beverages, spirits and vinegar | 428 | 0.00 | 428 | 0.00 |
24 | Tobacco and manufactured tobacco substitutes | 113,696 | 0.59 | 133,811 | -15.03 |
25 | Salt; sulfur; earths and stone; plastering materials, lime and cement | 0 | 0.00 | 1,323 | -100.00 |
26 | Ores, slag and ash | 1,912,543 | 9.89 | 2,842,593 | -32.72 |
27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 3,540,104 | 18.31 | 3,828,203 | -7.53 |
31 | Fertilizers | 969,929 | 5.02 | 5,943,207 | -83.68 |
32 | Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics | 3,358 | 0.02 | 32,407 | -89.64 |
33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 0 | 0.00 | 2,251 | -100.00 |
34 | Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster | 0 | 0.00 | 7,388 | -100.00 |
35 | Albuminoidal substances; modified starches; glues; enzymes | 0 | 0.00 | 692 | -100.00 |
38 | Miscellaneous chemical products | 0 | 0.00 | 2,074 | -100.00 |
39 | Plastics and articles thereof | 101,734 | 0.53 | 99,916 | 1.82 |
40 | Rubber and articles thereof | 79,653 | 0.41 | 344,490 | -76.88 |
44 | Wood and articles of wood; wood charcoal | 1,682,991 | 8.71 | 1,345,910 | 25.04 |
48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 2,746 | 0.01 | 5,731 | -52.09 |
49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 6,415 | 0.03 | 0 | ∞ |
52 | Cotton | 399 | 0.00 | 411 | -2.92 |
56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 119,988 | 0.62 | 42,568 | 181.87 |
59 | Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use | 0 | 0.00 | 49 | -100.00 |
61 | Articles of apparel and clothing accessories, knitted or crocheted | 126 | 0.00 | 6,063 | -97.92 |
62 | Articles of apparel and clothing accessories, not knitted or crocheted | 0 | 0.00 | 19,749 | -100.00 |
63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 915 | 0.00 | 7,109 | -87.13 |
64 | Footwear, gaiters and the like; parts of such articles | 142 | 0.00 | 5,957 | -97.62 |
65 | Headgear and parts thereof | 0 | 0.00 | 353 | -100.00 |
68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 10,973 | 0.06 | 50,132 | -78.11 |
69 | Ceramic products | 0 | 0.00 | 687 | -100.00 |
72 | Iron and steel | 491 | 0.00 | 7,929 | -93.81 |
73 | Articles of iron or steel | 740,436 | 3.83 | 83,373 | 788.10 |
74 | Copper and articles thereof | 0 | 0.00 | 2,486 | -100.00 |
76 | Aluminum and articles thereof | 16,000 | 0.08 | 81 | 19,653.09 |
78 | Lead and articles thereof | 0 | 0.00 | 228 | -100.00 |
82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 0 | 0.00 | 2,530 | -100.00 |
83 | Miscellaneous articles of base metal | 0 | 0.00 | 71,279 | -100.00 |
84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 31,029 | 0.16 | 36,591 | -15.20 |
85 | Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles | 410,909 | 2.13 | 34,814 | 1,080.30 |
87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 0 | 0.00 | 10,333 | -100.00 |
89 | Ships, boats and floating structures | 0 | 0.00 | 670 | -100.00 |
90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 1,000,043 | 5.17 | 985,625 | 1.46 |
94 | Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings | 124,078 | 0.64 | 6,379 | 1,845.10 |
96 | Miscellaneous manufactured articles | 6,269 | 0.03 | 340 | 1,743.82 |
SS | Classified | 8,457,740 | 43.75 | 8 500 | 99,402.82 |
Russia’s Imports from Iceland
The major share of Russian imports from Iceland in 2014 (and in 2013) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 93.69% of Russia’s total imports from Iceland (90.53% in 2013);
- Machinery, equipment and vehicles (HS codes 84-90) - 3.87% of Russia’s total imports from Iceland (3.04% in 2013);
- Chemical products (HS codes 28-40) - 2.26% of Russia’s total imports from Iceland (5.89% in 2013).
The largest gains in Russia’s imports from Iceland in 2014 over 2013 were recorded for the following product groups:
- Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $61,934,620;
- Ships, boats and floating structures (HS code 89) - an increase of $3,902,804;
- Meat and edible meat offal (HS code 02) - an increase of $1,613,999.
The largest declines in Russia’s imports from Iceland in 2014 over 2013 were recorded for the following product groups:
- Pharmaceutical products (HS code 30) - a decrease of $5,671,463;
- Iron and steel (HS code 72) - a decrease of $844,279.
HS code |
Name of product group | Value of imports in 2014, US dollars ($) |
Percent share in total import | Value of imports in 2013, US dollars ($) |
Percent change in 2014 over 2013 |
---|---|---|---|---|---|
02 | Meat and edible meat offal | 3,741,337 | 1.46 | 2,127,338 | 75.87 |
03 | Fish and crustaceans, molluscs and other aquatic invertebrates | 231,638,137 | 90.62 | 169,703,517 | 36.50 |
06 | Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage | 13,463 | 0.01 | 107 | 12,482.24 |
15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 846,178 | 0.33 | 685,697 | 23.40 |
16 | Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates | 2,541,025 | 0.99 | 2,991,889 | -15.07 |
17 | Sugars and sugar confectionery | 112,942 | 0.04 | 203,174 | -44.41 |
21 | Miscellaneous edible preparations | 9,371 | 0.00 | 9,429 | -0.62 |
22 | Beverages, spirits and vinegar | 583,279 | 0.23 | 784,386 | -25.64 |
25 | Salt; sulfur; earths and stone; plastering materials, lime and cement | 0 | 0.00 | 253 | -100.00 |
29 | Organic chemicals | 0 | 0.00 | 116 | -100.00 |
30 | Pharmaceutical products | 5,438,205 | 2.13 | 11,109,668 | -51.05 |
33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 26,328 | 0.01 | 15,551 | 69.30 |
34 | Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster | 13,894 | 0.01 | 9,797 | 41.82 |
38 | Miscellaneous chemical products | 2,503 | 0.00 | 0 | ∞ |
39 | Plastics and articles thereof | 279,659 | 0.11 | 351,075 | -20.34 |
40 | Rubber and articles thereof | 5,179 | 0.00 | 6,089 | -14.94 |
42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 0 | 0.00 | 562 | -100.00 |
43 | Furskins and artificial fur; manufactures thereof | 0 | 0.00 | 1,500 | -100.00 |
49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 13,762 | 0.01 | 0 | ∞ |
51 | Wool, fine or coarse animal hair; horsehair yarn and woven fabric | 151 | 0.00 | 6,155 | -97.55 |
56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 0 | 0.00 | 6,267 | -100.00 |
60 | Knitted or crocheted fabrics | 36,112 | 0.01 | 101,589 | -64.45 |
61 | Articles of apparel and clothing accessories, knitted or crocheted | 9,376 | 0.00 | 10,480 | -10.53 |
63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 1,601 | 0.00 | 11,175 | -85.67 |
65 | Headgear and parts thereof | 28 | 0.00 | 203 | -86.21 |
68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 2,517 | 0.00 | 0 | ∞ |
72 | Iron and steel | 0 | 0.00 | 844,279 | -100.00 |
73 | Articles of iron or steel | 120,718 | 0.05 | 58,023 | 108.05 |
74 | Copper and articles thereof | 0 | 0.00 | 5 | -100.00 |
76 | Aluminum and articles thereof | 15,042 | 0.01 | 740 | 1,932.70 |
82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 15,034 | 0.01 | 15,826 | -5.00 |
83 | Miscellaneous articles of base metal | 0 | 0.00 | 2,554 | -100.00 |
84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 702,010 | 0.27 | 570,979 | 22.95 |
85 | Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles | 100,043 | 0.04 | 155,893 | -35.83 |
89 | Ships, boats and floating structures | 5,743,144 | 2.25 | 1,840,340 | 212.07 |
90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 3,336,690 | 1.31 | 3,352,950 | -0.48 |
94 | Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings | 276,182 | 0.11 | 0 | ∞ |
96 | Miscellaneous manufactured articles | 0 | 0.00 | 53 | -100.00 |