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Russian trade with Kuwait in the 2nd 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 Kuwait in the second quarter of 2016: exports, imports, products, dynamics.

Russia’s Trade with Kuwait

In the 2nd quarter of 2016, Russia’s trade with Kuwait totaled $117,689,825, up 152.87% ($71,148,866) from the 2nd quarter of 2015.

Russia’s exports to Kuwait in the 2nd quarter of 2016 totaled $117,686,540, up 152.87% ($71,146,184) from the 2nd quarter of 2015.

Russia’s imports from Kuwait in the 2nd quarter of 2016 totaled $3,285, up 444.78% ($2,682) from the 2nd quarter of 2015.

Russia’s trade surplus with Kuwait in the 2nd quarter of 2016 was $117,683,255, a 152.87% increase ($71,143,502) over the 2nd quarter of 2015.

Kuwait was Russia’s 74th largest trading partner in the 2nd quarter of 2016 (up from 97th in the 2nd quarter of 2015), accounting for 0.1081% of Russia’s total trade (up from 0.0341% in the 2nd quarter of 2015).

Kuwait was Russia’s 60th largest export market in the 2nd quarter of 2016 (up from 84th in the 2nd quarter of 2015), accounting for 0.1771% of Russia’s total exports (up from 0.0508% in the 2nd quarter of 2015).

Kuwait was Russia’s 175th largest supplier in the 2nd quarter of 2016 (up from 185th in the 2nd quarter of 2015), accounting for 0.0000% of Russia’s total imports (just as in the 2nd quarter of 2015).

Russia’s Exports to Kuwait

The major share of Russian exports to Kuwait in the 2nd quarter of 2016 (and in the 2nd quarter of 2015) was accounted for the following product types:

  • Metals and products from them (HS codes 72-83) - 97.82% of Russia’s total exports to Kuwait (76.31% in the 2nd quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.35% of Russia’s total exports to Kuwait (3.89% in the 2nd quarter of 2015);
  • Wood and wood products (HS codes 44-49) - 0.59% of Russia’s total exports to Kuwait (3.97% in the 2nd quarter of 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 0.06% of Russia’s total exports to Kuwait (14.83% in the 2nd quarter of 2015).

The largest gains in Russia’s exports to Kuwait in the 2nd quarter of 2016 over the 2nd quarter of 2015 were recorded for the following product groups:

  • Copper and articles thereof (HS code 74) - an increase of $79,581,471.

The largest declines in Russia’s exports to Kuwait in the 2nd quarter of 2016 over the 2nd quarter of 2015 were recorded for the following product groups:

  • Cereals (HS code 10) - a decrease of $6,831,726;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $816,311.
Russia’s exports to Kuwait in the 2nd quarter of 2016 by product groups
HS
code
Name of product group Value of exports
in Q2 2016,
US dollars ($)
Percent share in total export Value of exports
in Q2 2015,
US dollars ($)
Percent change
in Q2 2016
over Q2 2015
07 Edible vegetables and certain roots and tubers 33,390 0.03 23,32543.15
10 Cereals 0 0.00 6,831,726-100.00
17 Sugars and sugar confectionery 10,895 0.01 9,72012.09
18 Cocoa and cocoa preparations 2,121 0.00 27,084-92.17
20 Preparations of vegetables, fruit, nuts or other parts of plants 0 0.00 285-100.00
21 Miscellaneous edible preparations 15,612 0.01 5,398189.22
22 Beverages, spirits and vinegar 6,759 0.01 6,2118.82
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 0 0.00 198,266-100.00
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 2,800 0.00 183,300-98.47
29 Organic chemicals 22,042 0.02 0
30 Pharmaceutical products 58,000 0.05 0
38 Miscellaneous chemical products 0 0.00 57,667-100.00
39 Plastics and articles thereof 376 0.00 2,006-81.26
40 Rubber and articles thereof 30,314 0.03 0
44 Wood and articles of wood; wood charcoal 394,854 0.34 734,585-46.25
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 294,787 0.25 1,111,098-73.47
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 245 0.00 0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 31,194 0.03 0
69 Ceramic products 21,316 0.02 0
73 Articles of iron or steel 49,686 0.04 27,68179.49
74 Copper and articles thereof 115,066,576 97.77 35,485,105224.27
75 Nickel and articles thereof 6,870 0.01 0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 694 0.00 0
83 Miscellaneous articles of base metal 0 0.00 14-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 49,642 0.04 85,125-41.68
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 1,520,640 1.29 1,607,874-5.43
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0 0.00 97,910-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 16,688 0.01 17,432-4.27
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 4,647 0.00 22,104-78.98
95 Toys, games and sports requisites; parts and accessories thereof 46,392 0.04 6,440620.37

Russia’s Imports from Kuwait

The major share of Russian imports from Kuwait in the 2nd quarter of 2016 (and in the 2nd quarter of 2015) was accounted for the following product types:

  • Metals and products from them (HS codes 72-83) - 0.00% of Russia’s total imports from Kuwait (47.76% in the 2nd quarter of 2015).
  • Wood and wood products (HS codes 44-49) - 0.00% of Russia’s total imports from Kuwait (52.24% in the 2nd quarter of 2015).

The largest gains in Russia’s imports from Kuwait in the 2nd quarter of 2016 over the 2nd quarter of 2015 were recorded for the following product groups:

  • Glass and glassware (HS code 70) - an increase of $3,285.

The largest declines in Russia’s imports from Kuwait in the 2nd quarter of 2016 over the 2nd quarter of 2015 were recorded for the following product groups:

  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $315;
  • Articles of iron or steel (HS code 73) - a decrease of $288.
Russia’s imports from Kuwait in the 2nd quarter of 2016 by product groups
HS
code
Name of product group Value of imports in Q2 2016,
US dollars ($)
Percent share in total import Value of imports in Q2 2015,
US dollars ($)
Percent change
in Q2 2016
over Q2 2015
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0 0.00 315-100.00
70 Glass and glassware 3,285 100.00 0
73 Articles of iron or steel 0 0.00 288-100.00
Russian foreign trade statistics
Source: Federal Customs Service of Russia