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

Russia’s Trade with Cyprus

In the 3rd quarter of 2016, Russia’s trade with Cyprus totaled $68,787,916, up 52.43% ($23,659,863) from the 3rd quarter of 2015.

Russia’s exports to Cyprus in the 3rd quarter of 2016 totaled $43,215,627, up 0.40% ($171,070) from the 3rd quarter of 2015.

Russia’s imports from Cyprus in the 3rd quarter of 2016 totaled $25,572,289, up 1,127.37% ($23,488,793) from the 3rd quarter of 2015.

Russia’s trade surplus with Cyprus in the 3rd quarter of 2016 was $17,643,338, a 56.93% decrease ($23,317,723) over the 3rd quarter of 2015.

Cyprus was Russia’s 89th largest trading partner in the 3rd quarter of 2016 (up from 99th in the 3rd quarter of 2015), accounting for 0.0564% of Russia’s total trade (up from 0.0356% in the 3rd quarter of 2015).

Cyprus was Russia’s 85th largest export market in the 3rd quarter of 2016 (up from 88th in the 3rd quarter of 2015), accounting for 0.0601% of Russia’s total exports (up from 0.0541% in the 3rd quarter of 2015).

Cyprus was Russia’s 81st largest supplier in the 3rd quarter of 2016 (up from 113th in the 3rd quarter of 2015), accounting for 0.0512% of Russia’s total imports (up from 0.0044% in the 3rd quarter of 2015).

Russia’s Exports to Cyprus

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

  • Mineral products (HS codes 25-27) - 64.51% of Russia’s total exports to Cyprus (74.17% in the 3rd quarter of 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 18.62% of Russia’s total exports to Cyprus (11.66% in the 3rd quarter of 2015);
  • Metals and products from them (HS codes 72-83) - 5.04% of Russia’s total exports to Cyprus (3.98% in the 3rd quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 4.49% of Russia’s total exports to Cyprus (3.57% in the 3rd quarter of 2015);
  • Chemical products (HS codes 28-40) - 2.63% of Russia’s total exports to Cyprus (4.78% in the 3rd quarter of 2015);
  • Wood and wood products (HS codes 44-49) - 1.71% of Russia’s total exports to Cyprus (1.07% in the 3rd quarter of 2015).

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

  • Cereals (HS code 10) - an increase of $2,509,940;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $563,324;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - an increase of $553,028;
  • Glass and glassware (HS code 70) - an increase of $525,381;
  • Copper and articles thereof (HS code 74) - an increase of $488,339;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - an increase of $263,751;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $171,973;
  • Organic chemicals (HS code 29) - an increase of $134,989.

The largest declines in Russia’s exports to Cyprus in the 3rd quarter of 2016 over the 3rd 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 $4,048,948;
  • 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 $1,021,888;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $361,278;
  • 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 $173,740.
Russia’s exports to Cyprus in the 3rd quarter of 2016 by product groups
HS
code
Name of product group Value of exports
in Q3 2016,
US dollars ($)
Percent share in total export Value of exports
in Q3 2015,
US dollars ($)
Percent change
in Q3 2016
over Q3 2015
01 Live animals 11,405 0.03 0
10 Cereals 5,344,352 12.37 2,834 41288.55
11 Products of the milling industry; malt; starches; inulin; wheat gluten 0 0.00 10,557-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 62,184 0.14 0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 264,338 0.61 58744,932.03
21 Miscellaneous edible preparations 0 0.00 200-100.00
22 Beverages, spirits and vinegar 363,078 0.84 724,456-49.88
23 Residues and waste from the food industries; prepared animal feed 2,000,981 4.63 1,447,95338.19
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 27,877,759 64.51 31,926,707-12.68
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 882,206 2.04 1,904,094-53.67
29 Organic chemicals 134,989 0.31 0
30 Pharmaceutical products 0 0.00 4 426-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 3,144 0.01 3,674-14.43
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0 0.00 4,879-100.00
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 51 0.00 120-57.50
35 Albuminoidal substances; modified starches; glues; enzymes 42 0.00 20110.00
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 45,175 0.10 41,9807.61
38 Miscellaneous chemical products 34,563 0.08 67,695-48.94
39 Plastics and articles thereof 1,988 0.00 2,099-5.29
40 Rubber and articles thereof 32,537 0.08 30,6766.07
44 Wood and articles of wood; wood charcoal 428,418 0.99 320,26633.77
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 246,723 0.57 74,750230.06
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 63,874 0.15 64,047-0.27
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0 0.00 115-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 29 0.00 697-95.84
61 Articles of apparel and clothing accessories, knitted or crocheted 0 0.00 1,438-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1,280 0.00 557129.80
64 Footwear, gaiters and the like; parts of such articles 0 0.00 4,575-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 0 0.00 1,718-100.00
69 Ceramic products 2,910 0.01 0
70 Glass and glassware 525,612 1.22 231227,437.66
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 8,922 0.02 0
72 Iron and steel 141,185 0.33 170,745-17.31
73 Articles of iron or steel 34,985 0.08 17,019105.56
74 Copper and articles thereof 764,649 1.77 276,310176.74
76 Aluminum and articles thereof 1,235,248 2.86 1,249,858-1.17
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 14 0.00 0
83 Miscellaneous articles of base metal 301 0.00 2952.03
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,504,709 3.48 941,38559.84
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 410,710 0.95 584 450-29.73
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 26,099 0.06 10,775142.22
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 33,832 0.08 0
95 Toys, games and sports requisites; parts and accessories thereof 842 0.00 9,210-90.86
96 Miscellaneous manufactured articles 409 0.00 46789.13
SS Classified 726,084 1.68 311,635132.99

Russia’s Imports from Cyprus

The major share of Russian imports from Cyprus 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) - 94.00% of Russia’s total imports from Cyprus (12.14% in the 3rd quarter of 2015);
  • Chemical products (HS codes 28-40) - 3.83% of Russia’s total imports from Cyprus (66.40% in the 3rd quarter of 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.00% of Russia’s total imports from Cyprus (6.12% in the 3rd quarter of 2015);
  • Textiles, textile products and footwear (HS codes 50-67) - 0.46% of Russia’s total imports from Cyprus (6.74% in the 3rd quarter of 2015);
  • Mineral products (HS codes 25-27) - 0.10% of Russia’s total imports from Cyprus (1.85% in the 3rd quarter of 2015).

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

  • Ships, boats and floating structures (HS code 89) - an increase of $23,900,000;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $135,545;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $113,563;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $78,902.

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

  • Pharmaceutical products (HS code 30) - a decrease of $291,061;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $189,455;
  • Plastics and articles thereof (HS code 39) - a decrease of $160,453.
Russia’s imports from Cyprus in the 3rd quarter of 2016 by product groups
HS
code
Name of product group Value of imports in Q3 2016,
US dollars ($)
Percent share in total import Value of imports in Q3 2015,
US dollars ($)
Percent change
in Q3 2016
over Q3 2015
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 3,323 0.01 0
09 Coffee, tea, maté and spices 8,327 0.03 2593,115.06
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 160,871 0.63 25,326535.20
17 Sugars and sugar confectionery 0 0.00 7,516-100.00
22 Beverages, spirits and vinegar 84,145 0.33 94,491-10.85
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 25,265 0.10 38,628-34.59
30 Pharmaceutical products 801,239 3.13 1,092,300-26.65
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 10,613 0.04 14,651-27.56
38 Miscellaneous chemical products 68,726 0.27 15,971330.32
39 Plastics and articles thereof 100,068 0.39 260,521-61.59
40 Rubber and articles thereof 22 0.00 0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 310 0.00 0
43 Furskins and artificial fur; manufactures thereof 37,930 0.15 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 488 0.00 0
62 Articles of apparel and clothing accessories, not knitted or crocheted 117,704 0.46 140,416-16.17
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 900 0.00 0
73 Articles of iron or steel 0 0.00 11-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 82 0.00 4486.36
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 94,206 0.37 15,304515.56
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 583 0.00 4,210-86.15
89 Ships, boats and floating structures 23,900,000 93.46 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 43,924 0.17 233,379-81.18
95 Toys, games and sports requisites; parts and accessories thereof 113,563 0.44 0
SS Classified 0 0.00 140,569-100.00
Russian foreign trade statistics
Source: Federal Customs Service of Russia