Russian foreign trade
reports and reviews

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

Russia’s Trade with Venezuela

In the 4th quarter of 2016, Russia’s trade with Venezuela totaled $152,195,479, up 2,263.89% ($145,757,129) from the 4th quarter of 2015.

Russia’s exports to Venezuela in the 4th quarter of 2016 totaled $150,742,576, up 2,244.20% ($144,312,126) from the 4th quarter of 2015.

Russia’s imports from Venezuela in the 4th quarter of 2016 totaled $1,452,903, up 18,291.18% ($1,445,003) from the 4th quarter of 2015.

Russia’s trade surplus with Venezuela in the 4th quarter of 2016 was $149,289,673, a 2,224.46% increase ($142,867,123) over the 4th quarter of 2015.

Venezuela was Russia’s 74th largest trading partner in the 4th quarter of 2016 (up from 141st in the 4th quarter of 2015), accounting for 0.1117% of Russia’s total trade (up from 0.0049% in the 4th quarter of 2015).

Venezuela was Russia’s 66th largest export market in the 4th quarter of 2016 (up from 126th in the 4th quarter of 2015), accounting for 0.1798% of Russia’s total exports (up from 0.0078% in the 4th quarter of 2015).

Venezuela was Russia’s 123rd largest supplier in the 4th quarter of 2016 (up from 174th in the 4th quarter of 2015), accounting for 0.0028% of Russia’s total imports (up from 0.0000% in the 4th quarter of 2015).

Russia’s Exports to Venezuela

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 44.33% of Russia’s total exports to Venezuela (89.51% in the 4th quarter of 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 7.49% of Russia’s total exports to Venezuela (0.64% in the 4th quarter of 2015);
  • Chemical products (HS codes 28-40) - 1.94% of Russia’s total exports to Venezuela (0.57% in the 4th quarter of 2015);
  • Metals and products from them (HS codes 72-83) - 0.36% of Russia’s total exports to Venezuela (4.54% in the 4th quarter of 2015);
  • Mineral products (HS codes 25-27) - 0.15% of Russia’s total exports to Venezuela (3.19% in the 4th quarter of 2015).

The largest gains in Russia’s exports to Venezuela in the 4th quarter of 2016 over the 4th quarter of 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 $37,627,160;
  • 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;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $9,201,221;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $7,367,619;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $6,867,728;
  • 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 $4,605,100;
  • Fertilizers (HS code 31) - an increase of $2,686,101.

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

  • No product groups with a substantial decrease.
Russia’s exports to Venezuela 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
11 Products of the milling industry; malt; starches; inulin; wheat gluten 202,272 0.13 0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 11,074,641 7.35 0
18 Cocoa and cocoa preparations 11,666 0.01 0
22 Beverages, spirits and vinegar 0 0.00 41,436-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 233,442 0.15 205,19513.77
30 Pharmaceutical products 300 0.00 0
31 Fertilizers 2,686,101 1.78 0
38 Miscellaneous chemical products 1,231 0.00 0
39 Plastics and articles thereof 2,816 0.00 17,247-83.67
40 Rubber and articles thereof 228,663 0.15 19,5301,070.83
44 Wood and articles of wood; wood charcoal 58,817 0.04 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0 0.00 6,505-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 4,718 0.00 776,027.27
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 44 0.00 0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 18 0.00 0
70 Glass and glassware 0 0.00 4,265-100.00
72 Iron and steel 2 0.00 0
73 Articles of iron or steel 441,695 0.29 260,07069.84
74 Copper and articles thereof 1,849 0.00 0
76 Aluminum and articles thereof 15,201 0.01 25,907-41.32
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 64,206 0.04 5,6781,030.79
83 Miscellaneous articles of base metal 24,005 0.02 3506,758.57
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 11,498,710 7.63 4,131,091178.35
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 38,630,623 25.63 1,003,4633,749.73
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 9,205,387 6.11 4,166220,864.64
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 7,485,198 4.97 617,4701,112.24
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 4,693,100 3.11 88,0005,233.07
SS Classified 64,177,871 42.57 0

Russia’s Imports from Venezuela

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

  • Chemical products (HS codes 28-40) - 47.38% of Russia’s total imports from Venezuela (0.00% in the 4th quarter of 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 42.52% of Russia’s total imports from Venezuela (0.00% in the 4th quarter of 2015);
  • Metals and products from them (HS codes 72-83) - 9.25% of Russia’s total imports from Venezuela (0.00% in the 4th quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.03% of Russia’s total imports from Venezuela (66.22% in the 4th quarter of 2015);
  • Textiles, textile products and footwear (HS codes 50-67) - 0.00% of Russia’s total imports from Venezuela (33.78% in the 4th quarter of 2015).

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

  • Organic chemicals (HS code 29) - an increase of $688,407;
  • Cocoa and cocoa preparations (HS code 18) - an increase of $417,717;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $200,102;
  • Iron and steel (HS code 72) - an increase of $134,356;
  • 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 the 4th quarter of 2016 over the 4th quarter of 2015 were recorded for the following product groups:

  • No product groups with a substantial decrease.
Russia’s imports from Venezuela 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
18 Cocoa and cocoa preparations 417,717 28.75 0
22 Beverages, spirits and vinegar 200,102 13.77 0
29 Organic chemicals 688,407 47.38 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2,115 0.15 0
65 Headgear and parts thereof 0 0.00 2,669-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 9,803 0.67 0
72 Iron and steel 134,356 9.25 0
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 0 0.00 4,258-100.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 403 0.03 973-58.58
Share the publication on:

Reports and reviews archive

2018 г.:JanFebMarAprMay
2017 г.:JanFebMarAprMayJunJulAugSepOctNovDec
2016 г.:JanFebMarAprMayJunJulAugSepOctNovDec
Russian foreign trade statistics
Source: Federal Customs Service of Russia