Russian foreign trade
reports and reviews

Russian trade with Venezuela in 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 2016: exports, imports, products, dynamics.

Russia’s Trade with Venezuela

In 2016, Russia’s trade with Venezuela was $336,051,431, down 12.65% ($48,661,834) from 2015.

Russia’s exports to Venezuela in 2016 were $334,256,830, down 12.66% ($48,471,748) from 2015.

Russia’s imports from Venezuela in 2016 were $1,794,601, down 9.58% ($190,086) from 2015.

Russia’s trade surplus with Venezuela in 2016 was $332,462,229, a 12.68% decrease ($48,281,662) over 2015.

Venezuela was Russia’s 82nd largest trading partner in 2016 (down from 81st in 2015), accounting for 0.0718% of Russia’s total trade (down from 0.0731% in 2015).

Venezuela was Russia’s 71st largest export market in 2016 (down from 69th in 2015), accounting for 0.1171% of Russia’s total exports (up from 0.1114% in 2015).

Venezuela was Russia’s 137th largest supplier in 2016 (down from 135th in 2015), accounting for 0.0010% of Russia’s total imports (down from 0.0011% in 2015).

Russia’s Exports to Venezuela

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 62.05% of Russia’s total exports to Venezuela (41.32% in 2015);
  • Metals and products from them (HS codes 72-83) - 5.11% of Russia’s total exports to Venezuela (0.27% in 2015);
  • Chemical products (HS codes 28-40) - 4.45% of Russia’s total exports to Venezuela (10.32% in 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 3.43% of Russia’s total exports to Venezuela (0.05% in 2015);
  • Wood and wood products (HS codes 44-49) - 3.14% of Russia’s total exports to Venezuela (0.01% in 2015).

The largest gains in Russia’s exports to Venezuela in 2016 over 2015 were recorded for the following product groups:

  • 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 $29,219,448;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $26,415,016;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $14,130,091;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $12,725,941;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $11,074,641;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $10,445,652;
  • 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) - an increase of $4,713,082;
  • Articles of iron or steel (HS code 73) - an increase of $2,850,391;
  • Rubber and articles thereof (HS code 40) - an increase of $1,030,415.

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

  • Fertilizers (HS code 31) - a decrease of $26,002,150;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $21,195,098;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $1,667,066.
Russia’s exports to Venezuela in 2016 by product groups
HS
code
Name of product group Value of exports
in 2016,
US dollars ($)
Percent share in total export Value of exports
in 2015,
US dollars ($)
Percent change
in 2016
over 2015
11 Products of the milling industry; malt; starches; inulin; wheat gluten 257,303 0.08 0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 11,074,641 3.31 0
18 Cocoa and cocoa preparations 11,666 0.00 0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 11,341 0.00 0
22 Beverages, spirits and vinegar 98,250 0.03 172,282-42.97
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 1,061,082 0.32 2,728,148-61.11
29 Organic chemicals 0 0.00 192,780-100.00
30 Pharmaceutical products 300 0.00 0
31 Fertilizers 12,003,639 3.59 38,005,789-68.42
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 32,869 0.01 3,134948.79
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 82,125 0.02 0
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 690,421 0.21 0
38 Miscellaneous chemical products 4,292 0.00 14,980-71.35
39 Plastics and articles thereof 150,457 0.05 418,831-64.08
40 Rubber and articles thereof 1,894,741 0.57 864,326119.22
44 Wood and articles of wood; wood charcoal 58,905 0.02 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0 0.00 50,200-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 10,445,729 3.13 7713,565,781.82
52 Cotton 0 0.00 340-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 609 0.00 0
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0 0.00 11-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 44 0.00 2762.96
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1,981 0.00 277,237.04
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 22 0.00 929-97.63
69 Ceramic products 373 0.00 0
70 Glass and glassware 1,551 0.00 4,430-64.99
72 Iron and steel 174,812 0.05 1,07516,161.58
73 Articles of iron or steel 3,818,694 1.14 968,303294.37
74 Copper and articles thereof 1,849 0.00 842,101.19
75 Nickel and articles thereof 0 0.00 475-100.00
76 Aluminum and articles thereof 266,031 0.08 29,151812.60
78 Lead and articles thereof 6,048 0.00 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 12,755,804 3.82 29,86342,614.41
83 Miscellaneous articles of base metal 70,040 0.02 7,654815.08
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 31,044,893 9.29 16,914,80283.54
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 104,515,458 31.27 75,296,01038.81
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 28,217,536 8.44 49,412,634-42.89
89 Ships, boats and floating structures 694,323 0.21 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 42,938,324 12.85 16,523,308159.87
91 Clocks and watches and parts thereof 65,666 0.02 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 4,815,942 1.44 102,8604,582.04
96 Miscellaneous manufactured articles 539 0.00 50978.00
97 Works of art, collectors’ pieces and antiques 863,082 0.26 0
SS Classified 66,125,405 19.78 180 985 998-63.46

Russia’s Imports from Venezuela

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

  • Food products and agricultural raw materials (HS codes 01-24) - 52.66% of Russia’s total imports from Venezuela (3.45% in 2015);
  • Chemical products (HS codes 28-40) - 38.40% of Russia’s total imports from Venezuela (95.30% in 2015);
  • Metals and products from them (HS codes 72-83) - 7.49% of Russia’s total imports from Venezuela (0.00% in 2015).

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

  • Cocoa and cocoa preparations (HS code 18) - an increase of $478,355;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $388,067;
  • Iron and steel (HS code 72) - an increase of $134,356;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $10,142;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $9,803.

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

  • Organic chemicals (HS code 29) - a decrease of $1,202,549.
Russia’s imports from Venezuela in 2016 by product groups
HS
code
Name of product group Value of imports in 2016,
US dollars ($)
Percent share in total import Value of imports in 2015,
US dollars ($)
Percent change
in 2016
over 2015
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 24,300 1.35 14,15871.63
18 Cocoa and cocoa preparations 499,789 27.85 21,4342,231.76
22 Beverages, spirits and vinegar 421,019 23.46 32,9521,177.67
29 Organic chemicals 688,407 38.36 1,890,956-63.59
39 Plastics and articles thereof 707 0.04 0
40 Rubber and articles thereof 0 0.00 356-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 18 0.00 370-95.14
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2,115 0.12 0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0 0.00 2-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 0 0.00 1,466-100.00
65 Headgear and parts thereof 0 0.00 2,989-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 9,803 0.55 0
72 Iron and steel 134,356 7.49 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0 0.00 417-100.00
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 2,391 0.13 5,161-53.67
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 7,990 0.45 3,361137.73
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 2,203 0.12 5,065-56.51
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 497 0.03 0
95 Toys, games and sports requisites; parts and accessories thereof 6 0.00 0
SS Classified 1,000 0.06 6 000-83.33

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Russian foreign trade statistics
Source: Federal Customs Service of Russia