Russian foreign trade
reports and reviews

Russian trade with Venezuela in the 3rd 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 Venezuela in the third quarter of 2016: exports, imports, products, dynamics.

Russia’s Trade with Venezuela

In the 3rd quarter of 2016, Russia’s trade with Venezuela was $94,809,411, down 4.24% ($4,193,788) from the 3rd quarter of 2015.

Russia’s exports to Venezuela in the 3rd quarter of 2016 were $94,620,683, down 2.54% ($2,465,929) from the 3rd quarter of 2015.

Russia’s imports from Venezuela in the 3rd quarter of 2016 were $188,728, down 90.15% ($1,727,859) from the 3rd quarter of 2015.

Russia’s trade surplus with Venezuela in the 3rd quarter of 2016 was $94,431,955, a 0.78% decrease ($738,070) over the 3rd quarter of 2015.

Venezuela was Russia’s 81st largest trading partner in the 3rd quarter of 2016 (just as in the 3rd quarter of 2015), accounting for 0.0778% of Russia’s total trade (down from 0.0780% in the 3rd quarter of 2015).

Venezuela was Russia’s 69th largest export market in the 3rd quarter of 2016 (up from 71st in the 3rd quarter of 2015), accounting for 0.1315% of Russia’s total exports (up from 0.1221% in the 3rd quarter of 2015).

Venezuela was Russia’s 142nd largest supplier in the 3rd quarter of 2016 (down from 118th in the 3rd quarter of 2015), accounting for 0.0004% of Russia’s total imports (down from 0.0040% in the 3rd quarter of 2015).

Russia’s Exports to Venezuela

The major share of Russian exports to Venezuela in the 3rd quarter of 2016 (and in the 3rd quarter of 2015) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 66.67% of Russia’s total exports to Venezuela (22.10% in the 3rd quarter of 2015);
  • Metals and products from them (HS codes 72-83) - 16.30% of Russia’s total exports to Venezuela (0.31% in the 3rd quarter of 2015);
  • Wood and wood products (HS codes 44-49) - 11.03% of Russia’s total exports to Venezuela (0.02% in the 3rd quarter of 2015);
  • Chemical products (HS codes 28-40) - 4.78% of Russia’s total exports to Venezuela (16.34% in the 3rd quarter of 2015).

The largest gains in Russia’s exports to Venezuela in the 3rd quarter of 2016 over the 3rd 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 $24,103,200;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $12,640,095;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $10,999,719;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $10,441,011;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $5,485,660;
  • Articles of iron or steel (HS code 73) - an increase of $2,459,502;
  • 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 $1,032,347;
  • Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations (HS code 36) - an increase of $690,421.

The largest declines in Russia’s exports to Venezuela in the 3rd quarter of 2016 over the 3rd quarter of 2015 were recorded for the following product groups:

  • Fertilizers (HS code 31) - a decrease of $11,584,239;
  • Rubber and articles thereof (HS code 40) - a decrease of $468,455;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $441,326.
Russia’s exports to Venezuela in the 3rd quarter of 2016 by product groups
HS
code
Name of product group Value of exports
in Q3 2016,
US dollars ($)
Percent share in total export Value of exports
in Q3 2015,
US dollars ($)
Percent change
in Q3 2016
over Q3 2015
11 Products of the milling industry; malt; starches; inulin; wheat gluten 55,031 0.06 0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 11,341 0.01 0
22 Beverages, spirits and vinegar 78,156 0.08 40819,055.88
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 363,600 0.38 804,926-54.83
29 Organic chemicals 0 0.00 75,600-100.00
31 Fertilizers 3,355,466 3.55 14,939,705-77.54
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 690,421 0.73 0
39 Plastics and articles thereof 97,539 0.10 1,0039,624.73
40 Rubber and articles thereof 375,552 0.40 844,007-55.50
44 Wood and articles of wood; wood charcoal 88 0.00 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0 0.00 16,064-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 10,441,011 11.03 0
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0 0.00 5-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0 0.00 3-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1,981 0.00 0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 4 0.00 837-99.52
69 Ceramic products 373 0.00 0
70 Glass and glassware 1,551 0.00 0
72 Iron and steel 0 0.00 123-100.00
73 Articles of iron or steel 2,747,056 2.90 287,554855.32
74 Copper and articles thereof 0 0.00 83-100.00
75 Nickel and articles thereof 0 0.00 475-100.00
76 Aluminum and articles thereof 16,419 0.02 3195,047.02
78 Lead and articles thereof 6,048 0.01 0
81 Other base metals; cermets; articles thereof 43 0.00 0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 12,647,460 13.37 7,365171,623.83
83 Miscellaneous articles of base metal 8,843 0.01 1,705418.65
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 11,077,086 11.71 5,591,42698.11
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 2,159,437 2.28 1,127,09091.59
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 16,162,654 17.08 5,162,935213.05
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 33,682,718 35.60 9,579,518251.61
91 Clocks and watches and parts thereof 861 0.00 0
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 122,842 0.13 14,100771.22
96 Miscellaneous manufactured articles 539 0.00 0
97 Works of art, collectors’ pieces and antiques 27,372 0.03 0
SS Classified 489,191 0.52 58,631,361-99.17

Russia’s Imports from Venezuela

The major share of Russian imports from Venezuela in the 3rd quarter of 2016 (and in the 3rd quarter of 2015) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 96.55% of Russia’s total imports from Venezuela (0.00% in the 3rd quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 2.54% of Russia’s total imports from Venezuela (0.23% in the 3rd quarter of 2015);
  • Chemical products (HS codes 28-40) - 0.37% of Russia’s total imports from Venezuela (98.68% in the 3rd quarter of 2015).

The largest gains in Russia’s imports from Venezuela in the 3rd quarter of 2016 over the 3rd quarter of 2015 were recorded for the following product groups:

  • Beverages, spirits and vinegar (HS code 22) - an increase of $115,780;
  • Cocoa and cocoa preparations (HS code 18) - an increase of $66,434;
  • 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 $1,553;
  • Plastics and articles thereof (HS code 39) - an increase of $707.

The largest declines in Russia’s imports from Venezuela in the 3rd quarter of 2016 over the 3rd quarter of 2015 were recorded for the following product groups:

  • Organic chemicals (HS code 29) - a decrease of $1,890,841;
  • 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 (HS code 86) - a decrease of $857.
Russia’s imports from Venezuela in the 3rd quarter of 2016 by product groups
HS
code
Name of product group Value of imports in Q3 2016,
US dollars ($)
Percent share in total import Value of imports in Q3 2015,
US dollars ($)
Percent change
in Q3 2016
over Q3 2015
18 Cocoa and cocoa preparations 66,434 35.20 0
22 Beverages, spirits and vinegar 115,780 61.35 0
29 Organic chemicals 0 0.00 1,890,841-100.00
39 Plastics and articles thereof 707 0.37 0
40 Rubber and articles thereof 0 0.00 356-100.00
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 1,553 0.82 0
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 2,504 1.33 3,361-25.50
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 620 0.33 1,029-39.75
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 124 0.07 0
95 Toys, games and sports requisites; parts and accessories thereof 6 0.00 0
SS Classified 1,000 0.53 21,000-95.24

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Russian foreign trade statistics
Source: Federal Customs Service of Russia