Russian foreign trade
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Russian trade with Ghana in the 4th 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 Ghana in the fourth quarter of 2016: exports, imports, products, dynamics.

Russia’s Trade with Ghana

In the 4th quarter of 2016, Russia’s trade with Ghana totaled $58,700,063, up 24.97% ($11,727,159) from the 4th quarter of 2015.

Russia’s exports to Ghana in the 4th quarter of 2016 totaled $32,764,911, up 25.72% ($6,702,107) from the 4th quarter of 2015.

Russia’s imports from Ghana in the 4th quarter of 2016 totaled $25,935,152, up 24.03% ($5,025,052) from the 4th quarter of 2015.

Russia’s trade surplus with Ghana in the 4th quarter of 2016 was $6,829,759, a 32.55% increase ($1,677,055) over the 4th quarter of 2015.

Ghana was Russia’s 96th largest trading partner in the 4th quarter of 2016 (up from 98th in the 4th quarter of 2015), accounting for 0.0431% of Russia’s total trade (up from 0.0359% in the 4th quarter of 2015).

Ghana was Russia’s 95th largest export market in the 4th quarter of 2016 (up from 97th in the 4th quarter of 2015), accounting for 0.0391% of Russia’s total exports (up from 0.0316% in the 4th quarter of 2015).

Ghana was Russia’s 83rd largest supplier in the 4th quarter of 2016 (just as in the 4th quarter of 2015), accounting for 0.0495% of Russia’s total imports (up from 0.0433% in the 4th quarter of 2015).

Russia’s Exports to Ghana

The major share of Russian exports to Ghana in the 4th quarter of 2016 (and in the 4th quarter of 2015) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 43.82% of Russia’s total exports to Ghana (19.13% in the 4th quarter of 2015);
  • Mineral products (HS codes 25-27) - 39.24% of Russia’s total exports to Ghana (54.21% in the 4th quarter of 2015);
  • Chemical products (HS codes 28-40) - 13.49% of Russia’s total exports to Ghana (18.13% in the 4th quarter of 2015);
  • Wood and wood products (HS codes 44-49) - 2.67% of Russia’s total exports to Ghana (7.76% in the 4th quarter of 2015).

The largest gains in Russia’s exports to Ghana in the 4th quarter of 2016 over the 4th quarter of 2015 were recorded for the following product groups:

  • Cereals (HS code 10) - an increase of $9,319,776;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $112,061.

The largest declines in Russia’s exports to Ghana in the 4th quarter of 2016 over the 4th 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 $1,270,529;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $1,146,523;
  • Organic chemicals (HS code 29) - a decrease of $189,288;
  • Fertilizers (HS code 31) - a decrease of $111,991.
Russia’s exports to Ghana in the 4th quarter of 2016 by product groups
HS
code
Name of product group Value of exports
in Q4 2016,
US dollars ($)
Percent share in total export Value of exports
in Q4 2015,
US dollars ($)
Percent change
in Q4 2016
over Q4 2015
02 Meat and edible meat offal 85,703 0.26 24,142255.00
10 Cereals 14,272,044 43.56 4,952,268188.19
22 Beverages, spirits and vinegar 0 0.00 9,802-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 12,858,501 39.24 14,129,030-8.99
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0 0.00 71,200-100.00
29 Organic chemicals 26,078 0.08 215,366-87.89
31 Fertilizers 4,325,188 13.20 4,437,179-2.52
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 58,754 0.18 0
38 Miscellaneous chemical products 3,363 0.01 0
39 Plastics and articles thereof 3,627 0.01 2,03678.14
40 Rubber and articles thereof 2,350 0.01 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 874,937 2.67 2,021,460-56.72
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 459 0.00 27070.00
73 Articles of iron or steel 6,645 0.02 13,430-50.52
74 Copper and articles thereof 0 0.00 413-100.00
76 Aluminum and articles thereof 50 0.00 0
78 Lead and articles thereof 0 0.00 1,123-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 202,985 0.62 90,924123.25
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 1,862 0.01 235692.34
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0 0.00 79,864-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 17,915 0.05 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 15,935 0.05 10,95245.50
95 Toys, games and sports requisites; parts and accessories thereof 8,515 0.03 3,110173.79

Russia’s Imports from Ghana

The major share of Russian imports from Ghana in the 4th quarter of 2016 (and in the 4th quarter of 2015) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 99.31% of Russia’s total imports from Ghana (99.31% in the 4th quarter of 2015).

The largest gains in Russia’s imports from Ghana in the 4th quarter of 2016 over the 4th quarter of 2015 were recorded for the following product groups:

  • Cocoa and cocoa preparations (HS code 18) - an increase of $5,244,255.

The largest declines in Russia’s imports from Ghana in the 4th quarter of 2016 over the 4th quarter of 2015 were recorded for the following product groups:

  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $228,060.
Russia’s imports from Ghana in the 4th quarter of 2016 by product groups
HS
code
Name of product group Value of imports in Q4 2016,
US dollars ($)
Percent share in total import Value of imports in Q4 2015,
US dollars ($)
Percent change
in Q4 2016
over Q4 2015
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 1,072 0.00 1,709-37.27
08 Edible fruit and nuts; peel of citrus fruit or melons 35,753 0.14 263,813-86.45
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 2,001 0.01 25,439-92.13
18 Cocoa and cocoa preparations 25,718,412 99.16 20,474,15725.61
20 Preparations of vegetables, fruit, nuts or other parts of plants 0 0.00 851-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 1,591 0.01 0
44 Wood and articles of wood; wood charcoal 176,323 0.68 144,12922.34
73 Articles of iron or steel 0 0.00 2-100.00
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Russian foreign trade statistics
Source: Federal Customs Service of Russia