Russian trade with Libya in the 1st quarter of 2016
based on data from the Federal Customs Service of Russia
Russia's Trade with Libya
In the 1st quarter of 2016, Russia's trade with Libya was $11,924,633, down 62.16% ($19,590,216) from the 1st quarter of 2015.
Russia's exports to Libya in the 1st quarter of 2016 were $11,924,633, down 62.16% ($19,590,216) from the 1st quarter of 2015.
Russia's imports from Libya in the 1st quarter of 2016 were $0, unchanged from the 1st quarter of 2015.
Russia's trade surplus with Libya in the 1st quarter of 2016 was $11,924,633, a 62.16% decrease ($19,590,216) over the 1st quarter of 2015.
Libya was Russia's 119th largest trading partner in the 1st quarter of 2016 (down from 105th in the 1st quarter of 2015), accounting for 0.0123% of Russia's total trade (down from 0.0238% in the 1st quarter of 2015).
Libya was Russia's 104th largest export market in the 1st quarter of 2016 (down from 90th in the 1st quarter of 2015), accounting for 0.0194% of Russia's total exports (down from 0.0349% in the 1st quarter of 2015).
There were no Russia's imports from Libya in the 1st quarter of 2016 as well as in the 1st quarter of 2015.
Russia's Exports to Libya
The major share of Russian exports to Libya in the 1st quarter of 2016 (and in the 1st quarter of 2015) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 92.62% of Russia's total exports to Libya (96.86% in the 1st quarter of 2015);
- Machinery, equipment and vehicles (HS codes 84-90) - 4.30% of Russia's total exports to Libya (1.84% in the 1st quarter of 2015);
- Mineral products (HS codes 25-27) - 2.73% of Russia's total exports to Libya (1.20% in the 1st quarter of 2015).
The largest gains in Russia's exports to Libya in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $501,537;
- Rubber and articles thereof (HS code 40) - an increase of $40,312.
The largest declines in Russia's exports to Libya in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:
- Cereals (HS code 10) - a decrease of $19,473,692;
- 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) - a decrease of $562,327;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $51,441.
| HS code |
Name of product group | Value of exports in Q1 2016, US dollars ($) |
Percent share in total export in Q1 2016 |
Percent change in Q1 2016 over Q1 2015 |
|---|---|---|---|---|
| 10 | Cereals | 11,044,596 | 92.62 | -63.81 |
| 12 | Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder | 0 | 0.00 | -100.00 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 325,459 | 2.73 | -13.65 |
| 38 | Miscellaneous chemical products | 0 | 0.00 | -100.00 |
| 40 | Rubber and articles thereof | 40,319 | 0.34 | 575,885.71 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 0 | 0.00 | -100.00 |
| 72 | Iron and steel | 0 | 0.00 | -100.00 |
| 73 | Articles of iron or steel | 1,559 | 0.01 | ∞ |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 0 | 0.00 | -100.00 |
| 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 | 9,041 | 0.08 | -98.42 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 503,659 | 4.22 | 23,635.11 |
Russia's Imports from Libya
There were no Russia's imports from Libya in the 1st quarter of 2016 as well as in the 1st quarter of 2015.