Russian trade with Bangladesh in the 1st quarter of 2016
August 05, 2016
by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
based on data from the Federal Customs Service of Russia
The Report on Russia's foreign trade in goods with Bangladesh in the first quarter of 2016: exports, imports, products, dynamics.
Russia's Trade with Bangladesh
In the 1st quarter of 2016, Russia's trade with Bangladesh was $224,251,931, down 2.00% ($4,581,347) from the 1st quarter of 2015.
Russia's exports to Bangladesh in the 1st quarter of 2016 were $57,175,455, down 17.86% ($12,431,282) from the 1st quarter of 2015.
Russia's imports from Bangladesh in the 1st quarter of 2016 totaled $167,076,476, up 4.93% ($7,849,935) from the 1st quarter of 2015.
Russia's trade deficit with Bangladesh in the 1st quarter of 2016 was $109,901,021, a 22.63% increase ($20,281,217) over the 1st quarter of 2015.
Bangladesh was Russia's 58th largest trading partner in the 1st quarter of 2016 (up from 60th in the 1st quarter of 2015), accounting for 0.2305% of Russia's total trade (up from 0.1730% in the 1st quarter of 2015).
Bangladesh was Russia's 73rd largest export market in the 1st quarter of 2016 (just as in the 1st quarter of 2015), accounting for 0.0932% of Russia's total exports (up from 0.0771% in the 1st quarter of 2015).
Bangladesh was Russia's 37th largest supplier in the 1st quarter of 2016 (up from 40th in the 1st quarter of 2015), accounting for 0.4649% of Russia's total imports (up from 0.3788% in the 1st quarter of 2015).
Russia's Exports to Bangladesh
The major share of Russian exports to Bangladesh 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) - 49.55% of Russia's total exports to Bangladesh (0.13% in the 1st quarter of 2015);
- Chemical products (HS codes 28-40) - 30.43% of Russia's total exports to Bangladesh (54.85% in the 1st quarter of 2015);
- Machinery, equipment and vehicles (HS codes 84-90) - 8.09% of Russia's total exports to Bangladesh (16.60% in the 1st quarter of 2015);
- Metals and products from them (HS codes 72-83) - 5.98% of Russia's total exports to Bangladesh (11.66% in the 1st quarter of 2015);
- Mineral products (HS codes 25-27) - 3.79% of Russia's total exports to Bangladesh (1.46% in the 1st quarter of 2015);
- Wood and wood products (HS codes 44-49) - 0.09% of Russia's total exports to Bangladesh (10.43% in the 1st quarter of 2015).
The largest gains in Russia's exports to Bangladesh in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:
- Cereals (HS code 10) - an increase of $27,520,784;
- Ships, boats and floating structures (HS code 89) - an increase of $2,059,000;
- Rubber and articles thereof (HS code 40) - an increase of $1,950,278;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $1,119,057;
- Edible vegetables and certain roots and tubers (HS code 07) - an increase of $508,301;
- Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $280,987.
The largest declines in Russia's exports to Bangladesh in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:
- Fertilizers (HS code 31) - a decrease of $22,898,069;
- Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - a decrease of $7,235,000;
- 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 $6,537,632;
- Iron and steel (HS code 72) - a decrease of $4,416,312;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $2,086,882;
- Raw hides and skins (other than furskins) and leather (HS code 41) - a decrease of $717,290;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $284,548;
- Articles of iron or steel (HS code 73) - a decrease of $227,240.
| HS code |
Name of product group | Value of exports in Q1 2016, US dollars ($) |
Percent share in total export in Q1 2016 |
Percent change in Q1 2016 over Q1 2015 |
|---|---|---|---|---|
| 07 | Edible vegetables and certain roots and tubers | 508,301 | 0.89 | ∞ |
| 10 | Cereals | 27,520,784 | 48.13 | ∞ |
| 12 | Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder | 280,987 | 0.49 | ∞ |
| 15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 0 | 0.00 | -100.00 |
| 17 | Sugars and sugar confectionery | 0 | 0.00 | -100.00 |
| 18 | Cocoa and cocoa preparations | 0 | 0.00 | -100.00 |
| 20 | Preparations of vegetables, fruit, nuts or other parts of plants | 4,680 | 0.01 | 1,772.00 |
| 22 | Beverages, spirits and vinegar | 15,692 | 0.03 | ∞ |
| 23 | Residues and waste from the food industries; prepared animal feed | 0 | 0.00 | -100.00 |
| 25 | Salt; sulfur; earths and stone; plastering materials, lime and cement | 561,171 | 0.98 | 6.06 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 1,602,925 | 2.80 | 231.27 |
| 29 | Organic chemicals | 63,664 | 0.11 | ∞ |
| 30 | Pharmaceutical products | 0 | 0.00 | -100.00 |
| 31 | Fertilizers | 15,223,474 | 26.63 | -60.07 |
| 32 | Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics | 0 | 0.00 | -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 | 1,201 | 0.00 | ∞ |
| 39 | Plastics and articles thereof | 143,592 | 0.25 | 287,084.00 |
| 40 | Rubber and articles thereof | 1,965,278 | 3.44 | 13,001.85 |
| 41 | Raw hides and skins (other than furskins) and leather | 474,282 | 0.83 | -60.20 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 49,581 | 0.09 | 91.12 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 0 | 0.00 | -100.00 |
| 72 | Iron and steel | 3,416,595 | 5.98 | -56.38 |
| 73 | Articles of iron or steel | 2,983 | 0.01 | -98.70 |
| 74 | Copper and articles thereof | 0 | 0.00 | -100.00 |
| 76 | Aluminum and articles thereof | 488 | 0.00 | -99.02 |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 1,436 | 0.00 | -70.82 |
| 83 | Miscellaneous articles of base metal | 94 | 0.00 | ∞ |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 1,399,330 | 2.45 | -59.86 |
| 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 | 1,121,339 | 1.96 | -85.36 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 2,615 | 0.00 | -96.99 |
| 89 | Ships, boats and floating structures | 2,059,000 | 3.60 | ∞ |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 40,722 | 0.07 | -87.48 |
| 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 | 77,528 | 0.14 | 258,326.67 |
| SS | Classified | 637,713 | 1.12 | -70.97 |
Russia's Imports from Bangladesh
The major share of Russian imports from Bangladesh in the 1st quarter of 2016 (and in the 1st quarter of 2015) was accounted for the following product types:
- Textiles, textile products and footwear (HS codes 50-67) - 95.85% of Russia's total imports from Bangladesh (95.44% in the 1st quarter of 2015);
- Food products and agricultural raw materials (HS codes 01-24) - 3.80% of Russia's total imports from Bangladesh (3.96% in the 1st quarter of 2015).
The largest gains in Russia's imports from Bangladesh in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:
- Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $8,850,411;
- Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $2,029,518;
- Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $1,831,121.
The largest declines in Russia's imports from Bangladesh in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:
- Tobacco and manufactured tobacco substitutes (HS code 24) - a decrease of $2,170,823;
- Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - a decrease of $1,864,647;
- Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - a decrease of $818,259.
| HS code |
Name of product group | Value of imports in Q1 2016, US dollars ($) |
Percent share in total import in Q1 2016 |
Percent change in Q1 2016 over Q1 2015 |
|---|---|---|---|---|
| 03 | Fish and crustaceans, molluscs and other aquatic invertebrates | 2,209,068 | 1.32 | 1,130.34 |
| 16 | Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates | 169,599 | 0.10 | ∞ |
| 22 | Beverages, spirits and vinegar | 19,143 | 0.01 | ∞ |
| 24 | Tobacco and manufactured tobacco substitutes | 3,953,317 | 2.37 | -35.45 |
| 30 | Pharmaceutical products | 13 | 0.00 | -99.94 |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 7,258 | 0.00 | ∞ |
| 39 | Plastics and articles thereof | 26,752 | 0.02 | -66.84 |
| 40 | Rubber and articles thereof | 237 | 0.00 | -71.10 |
| 42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 289,809 | 0.17 | 8.60 |
| 46 | Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork | 7,068 | 0.00 | 191.70 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 8 | 0.00 | -99.85 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 2,587 | 0.00 | 1,747.86 |
| 52 | Cotton | 1 | 0.00 | ∞ |
| 53 | Other vegetable textile fibers; paper yarn and woven fabric of paper yarn | 3,760,212 | 2.25 | 10.46 |
| 56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 185,609 | 0.11 | -19.26 |
| 57 | Carpets and other textile floor coverings | 1,517 | 0.00 | -98.95 |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 75,037,655 | 44.91 | -1.08 |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 74,305,030 | 44.47 | 13.52 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 2,352,062 | 1.41 | -44.22 |
| 64 | Footwear, gaiters and the like; parts of such articles | 4,303,658 | 2.58 | 74.06 |
| 65 | Headgear and parts thereof | 203,085 | 0.12 | 4.28 |
| 66 | Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof | 0 | 0.00 | -100.00 |
| 67 | Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair | 98 | 0.00 | ∞ |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 730 | 0.00 | ∞ |
| 69 | Ceramic products | 13,919 | 0.01 | -50.40 |
| 70 | Glass and glassware | 0 | 0.00 | -100.00 |
| 71 | Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin | 0 | 0.00 | -100.00 |
| 73 | Articles of iron or steel | 1 | 0.00 | -97.14 |
| 83 | Miscellaneous articles of base metal | 3 | 0.00 | ∞ |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 40 | 0.00 | ∞ |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 38,030 | 0.02 | -76.71 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 26,127 | 0.02 | -34.91 |
| 91 | Clocks and watches and parts thereof | 4 | 0.00 | ∞ |
| 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 | 56,528 | 0.03 | -59.96 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 62,771 | 0.04 | -68.00 |
| 96 | Miscellaneous manufactured articles | 44,537 | 0.03 | 51,091.95 |