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Russian trade with South Korea in the 1st quarter of 2016

by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
The Report on Russia's foreign trade in goods with South Korea in the first quarter of 2016: exports, imports, products, dynamics.

Russia's Trade with South Korea

In the 1st quarter of 2016, Russia's trade with South Korea was $3,414,241,397, down 24.86% ($1,129,304,302) from the 1st quarter of 2015.

Russia's exports to South Korea in the 1st quarter of 2016 were $2,546,714,185, down 26.99% ($941,393,202) from the 1st quarter of 2015.

Russia's imports from South Korea in the 1st quarter of 2016 were $867,527,212, down 17.80% ($187,911,100) from the 1st quarter of 2015.

Russia's trade surplus with South Korea in the 1st quarter of 2016 was $1,679,186,973, a 30.97% decrease ($753,482,102) over the 1st quarter of 2015.

South Korea was Russia's 9th largest trading partner in the 1st quarter of 2016 (just as in the 1st quarter of 2015), accounting for 3.5088% of Russia's total trade (up from 3.4343% in the 1st quarter of 2015).

South Korea was Russia's 6th largest export market in the 1st quarter of 2016 (up from 8th in the 1st quarter of 2015), accounting for 4.1499% of Russia's total exports (up from 3.8642% in the 1st quarter of 2015).

South Korea was Russia's 8th largest supplier in the 1st quarter of 2016 (up from 10th in the 1st quarter of 2015), accounting for 2.4139% of Russia's total imports (down from 2.5110% in the 1st quarter of 2015).

Russia's Exports to South Korea

The major share of Russian exports to South Korea in the 1st quarter of 2016 (and in the 1st quarter of 2015) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 77.08% of Russia's total exports to South Korea (81.17% in the 1st quarter of 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 11.01% of Russia's total exports to South Korea (7.40% in the 1st quarter of 2015);
  • Metals and products from them (HS codes 72-83) - 6.93% of Russia's total exports to South Korea (6.28% in the 1st quarter of 2015);
  • Chemical products (HS codes 28-40) - 2.55% of Russia's total exports to South Korea (2.62% in the 1st quarter of 2015);
  • Wood and wood products (HS codes 44-49) - 1.82% of Russia's total exports to South Korea (1.64% in the 1st quarter of 2015).

The largest gains in Russia's exports to South Korea 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 $38,601,867.

The largest declines in Russia's exports to South Korea in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $855,024,102;
  • Aluminum and articles thereof (HS code 76) - a decrease of $26,529,201;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $25,470,568;
  • Iron and steel (HS code 72) - a decrease of $13,857,244;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $13,364,470;
  • Ores, slag and ash (HS code 26) - a decrease of $13,362,899;
  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - a decrease of $10,851,497;
  • Ships, boats and floating structures (HS code 89) - a decrease of $10,052,425.
Russia's exports to South Korea in the 1st quarter of 2016 by product groups
HS
code
Name of product group Value of exports
in Q1 2016,
US dollars ($)
Percent share
in total export
in Q1 2016
Percent change
in Q1 2016
over Q1 2015
02 Meat and edible meat offal 111 0.00
03 Fish and crustaceans, molluscs and other aquatic invertebrates 216,524,664 8.50 -5.81
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 3,652 0.00 312.66
05 Products of animal origin, not elsewhere specified or included 845,350 0.03 -16.78
07 Edible vegetables and certain roots and tubers 24,500 0.00 100.31
08 Edible fruit and nuts; peel of citrus fruit or melons 37,255 0.00
09 Coffee, tea, maté and spices 0 0.00 -100.00
10 Cereals 50,242,382 1.97 331.62
11 Products of the milling industry; malt; starches; inulin; wheat gluten 8,469 0.00 -96.68
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 56,022 0.00 -66.45
13 Lac; gums, resins and other vegetable saps and extracts 202,222 0.01 163.12
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 24,597 0.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 481,477 0.02 145,802.12
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 111,967 0.00 -78.44
17 Sugars and sugar confectionery 281 0.00
18 Cocoa and cocoa preparations 148,098 0.01 7.64
19 Preparations of cereals, flour, starch or milk; bakers’ wares 10,156 0.00 1.37
20 Preparations of vegetables, fruit, nuts or other parts of plants 17,742 0.00 3.37
21 Miscellaneous edible preparations 131,410 0.01 -3.07
22 Beverages, spirits and vinegar 30,747 0.00 -57.67
23 Residues and waste from the food industries; prepared animal feed 11,597,814 0.46 -18.27
24 Tobacco and manufactured tobacco substitutes 11,032 0.00
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 7 0.00 -83.33
26 Ores, slag and ash 2,004,712 0.08 -86.95
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 1,960,932,197 77.00 -30.36
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 58,199,304 2.29 -30.44
29 Organic chemicals 1,713,843 0.07 1.68
30 Pharmaceutical products 849,516 0.03 39.18
31 Fertilizers 732 0.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 938,269 0.04 124.23
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 10,113 0.00 50.94
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 17,731 0.00 -56.37
35 Albuminoidal substances; modified starches; glues; enzymes 466 0.00 -87.34
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 1,524 0.00
37 Photographic or cinematographic goods 1,181 0.00 161.86
38 Miscellaneous chemical products 99,004 0.00 63.23
39 Plastics and articles thereof 1,124,562 0.04 -57.20
40 Rubber and articles thereof 1,948,735 0.08 -18.23
41 Raw hides and skins (other than furskins) and leather 0 0.00 -100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 675 0.00
43 Furskins and artificial fur; manufactures thereof 0 0.00 -100.00
44 Wood and articles of wood; wood charcoal 28,508,566 1.12 -0.26
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 15,878,160 0.62 -40.60
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,500,983 0.06 -10.34
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 536,928 0.02 144.86
50 Silk 0 0.00 -100.00
52 Cotton 186 0.00 -33.81
54 Man-made filaments 6,832 0.00 -98.27
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 67,459 0.00 -83.14
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 524 0.00 -58.48
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 3,407 0.00 -67.89
61 Articles of apparel and clothing accessories, knitted or crocheted 6,753 0.00 152.07
62 Articles of apparel and clothing accessories, not knitted or crocheted 14,344 0.00 649.82
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 259 0.00 -99.30
64 Footwear, gaiters and the like; parts of such articles 33,762 0.00 -63.42
65 Headgear and parts thereof 3 0.00 -99.90
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 4,663 0.00 -51.04
69 Ceramic products 232,525 0.01 114.40
70 Glass and glassware 267,674 0.01 15.77
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 835,365 0.03 -43.79
72 Iron and steel 52,207,675 2.05 -20.98
73 Articles of iron or steel 546,349 0.02 -83.79
74 Copper and articles thereof 1,546 0.00 -91.87
75 Nickel and articles thereof 0 0.00 -100.00
76 Aluminum and articles thereof 121,205,711 4.76 -17.96
80 Tin and articles thereof 0 0.00 -100.00
81 Other base metals; cermets; articles thereof 2,333,695 0.09 25.95
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 176,670 0.01
83 Miscellaneous articles of base metal 170 0.00 -99.82
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 4,294,539 0.17 25.01
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 3,827,340 0.15 -32.65
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 98,400 0.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 126,596 0.00 -91.20
89 Ships, boats and floating structures 592,400 0.02 -94.43
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,003,687 0.08 -62.70
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 305,900 0.01 1,234.76
95 Toys, games and sports requisites; parts and accessories thereof 10,776 0.00 -3.01
96 Miscellaneous manufactured articles 693 0.00 -26.20
SS Classified 2,731,126 0.11 202.99

Russia's Imports from South Korea

The major share of Russian imports from South Korea in the 1st quarter of 2016 (and in the 1st quarter of 2015) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 58.42% of Russia's total imports from South Korea (64.24% in the 1st quarter of 2015);
  • Chemical products (HS codes 28-40) - 18.04% of Russia's total imports from South Korea (15.83% in the 1st quarter of 2015);
  • Metals and products from them (HS codes 72-83) - 12.68% of Russia's total imports from South Korea (10.24% in the 1st quarter of 2015);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.37% of Russia's total imports from South Korea (2.16% in the 1st quarter of 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 2.08% of Russia's total imports from South Korea (1.26% in the 1st quarter of 2015);
  • Wood and wood products (HS codes 44-49) - 1.09% of Russia's total imports from South Korea (0.94% in the 1st quarter of 2015);
  • Mineral products (HS codes 25-27) - 0.98% of Russia's total imports from South Korea (1.27% in the 1st quarter of 2015).

The largest gains in Russia's imports from South Korea in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:

  • Articles of iron or steel (HS code 73) - an increase of $4,457,133;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $4,385,588;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $2,662,180.

The largest declines in Russia's imports from South Korea in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:

  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $72,069,752;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $51,156,272;
  • 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 $29,826,369;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $14,965,293;
  • Plastics and articles thereof (HS code 39) - a decrease of $9,151,792;
  • Iron and steel (HS code 72) - a decrease of $4,232,377;
  • 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) - a decrease of $4,071,660;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $4,036,780;
  • Rubber and articles thereof (HS code 40) - a decrease of $3,620,982;
  • Ships, boats and floating structures (HS code 89) - a decrease of $3,155,553;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $3,099,689.
Russia's imports from South Korea in the 1st quarter of 2016 by product groups
HS
code
Name of product group Value of imports
in Q1 2016,
US dollars ($)
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 221,610 0.03 -76.49
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 42,031 0.00 -49.39
07 Edible vegetables and certain roots and tubers 10,913 0.00 -85.84
08 Edible fruit and nuts; peel of citrus fruit or melons 158,741 0.02 23.61
09 Coffee, tea, maté and spices 6,684 0.00 100.60
10 Cereals 29,088 0.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 396,524 0.05 -7.78
13 Lac; gums, resins and other vegetable saps and extracts 19,102 0.00 417.67
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 7,935 0.00 3,178.93
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 50,234 0.01 -24.87
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 0 0.00 -100.00
17 Sugars and sugar confectionery 192,138 0.02 481.41
18 Cocoa and cocoa preparations 82,173 0.01 -33.99
19 Preparations of cereals, flour, starch or milk; bakers’ wares 1,912,504 0.22 -4.89
20 Preparations of vegetables, fruit, nuts or other parts of plants 306,916 0.04 162.71
21 Miscellaneous edible preparations 6,255,052 0.72 10.34
22 Beverages, spirits and vinegar 2,264,090 0.26 20.16
23 Residues and waste from the food industries; prepared animal feed 78,551 0.01 317.40
24 Tobacco and manufactured tobacco substitutes 6,051,515 0.70 263.25
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 363,767 0.04 -70.46
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 8,119,794 0.94 -33.21
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 4,509,903 0.52 -40.73
29 Organic chemicals 19,170,967 2.21 12.34
30 Pharmaceutical products 3,223,197 0.37 1.62
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 4,542,557 0.52 -9.50
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 6,445,158 0.74 48.45
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 3,755,350 0.43 30.21
35 Albuminoidal substances; modified starches; glues; enzymes 1,090,913 0.13 33.61
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 4 0.00 100.00
37 Photographic or cinematographic goods 115,570 0.01 -0.77
38 Miscellaneous chemical products 3,862,064 0.45 10.98
39 Plastics and articles thereof 73,817,302 8.51 -11.03
40 Rubber and articles thereof 35,988,030 4.15 -9.14
41 Raw hides and skins (other than furskins) and leather 798,765 0.09 84.58
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 480,060 0.06 -54.98
44 Wood and articles of wood; wood charcoal 208,822 0.02 -21.91
45 Cork and articles of cork 0 0.00 -100.00
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 22,423 0.00 536.29
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 66 0.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 8,987,069 1.04 3.45
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 242,825 0.03 -74.42
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 33,000 0.00
52 Cotton 331,065 0.04 -7.98
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 141,264 0.02 926.85
54 Man-made filaments 3,553,873 0.41 6.44
55 Man-made staple fibers 5,642,489 0.65 -19.36
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 2,836,943 0.33 -0.98
57 Carpets and other textile floor coverings 5,294 0.00 -76.97
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 259,478 0.03 -26.54
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 3,125,974 0.36 -9.75
60 Knitted or crocheted fabrics 2,056,460 0.24 -8.08
61 Articles of apparel and clothing accessories, knitted or crocheted 306,203 0.04 -36.65
62 Articles of apparel and clothing accessories, not knitted or crocheted 169,499 0.02 -73.80
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1,951,175 0.22 5.80
64 Footwear, gaiters and the like; parts of such articles 81,835 0.01 -38.36
65 Headgear and parts thereof 10,994 0.00 -28.24
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 71,044 0.01 625.90
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 2,908,083 0.34 -0.16
69 Ceramic products 276,735 0.03 -50.34
70 Glass and glassware 5,739,139 0.66 -14.28
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 182,664 0.02 8.48
72 Iron and steel 35,713,684 4.12 -10.60
73 Articles of iron or steel 30,712,436 3.54 16.98
74 Copper and articles thereof 537,360 0.06 -27.12
75 Nickel and articles thereof 913 0.00 -34.97
76 Aluminum and articles thereof 2,461,559 0.28 26.93
78 Lead and articles thereof 0 0.00 -100.00
79 Zinc and articles thereof 394,349 0.05 209.74
80 Tin and articles thereof 166 0.00 -98.64
81 Other base metals; cermets; articles thereof 30,336 0.00 100.58
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 31,484,708 3.63 9.24
83 Miscellaneous articles of base metal 8,708,707 1.00 -14.54
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 138,092,848 15.92 -27.03
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 138,072,664 15.92 -17.76
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 49,882 0.01 -60.47
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 201,968,767 23.28 -26.30
89 Ships, boats and floating structures 7,355 0.00 -99.77
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 28,586,729 3.30 -34.36
91 Clocks and watches and parts thereof 184,690 0.02 -29.72
92 Musical instruments; parts and accessories of such articles 46,985 0.01 149.03
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 19,493,286 2.25 -17.28
95 Toys, games and sports requisites; parts and accessories thereof 498,062 0.06 -3.76
96 Miscellaneous manufactured articles 4,271,856 0.49 28.06
SS Classified 2,696,252 0.31 -20.29
Russian foreign trade statistics
Source: Federal Customs Service of Russia