Russian foreign trade
reports and reviews

Russian trade in goods with Ghana in Q1 2017

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 first quarter of 2017: exports, imports, products, dynamics.

Russia’s Trade with Ghana

In the 1st quarter of 2017, Russia’s trade with Ghana totaled $71,872,094, up 49.34% ($23,746,990) from the 1st quarter of 2016.

Russia’s exports to Ghana in the 1st quarter of 2017 totaled $56,049,823, up 48.63% ($18,337,827) from the 1st quarter of 2016.

Russia’s imports from Ghana in the 1st quarter of 2017 totaled $15,822,271, up 51.95% ($5,409,163) from the 1st quarter of 2016.

Russia’s trade surplus with Ghana in the 1st quarter of 2017 was $40,227,552, a 47.36% increase ($12,928,664) over the 1st quarter of 2016.

Ghana was Russia’s 90th largest trading partner in the 1st quarter of 2017 (up from 93rd in the 1st quarter of 2016), accounting for 0.0559% of Russia’s total trade (up from 0.0496% in the 1st quarter of 2016).

Ghana was Russia’s 80th largest export market in the 1st quarter of 2017 (up from 84th in the 1st quarter of 2016), accounting for 0.0673% of Russia’s total exports (up from 0.0615% in the 1st quarter of 2016).

Ghana was Russia’s 89th largest supplier in the 1st quarter of 2017 (up from 91st in the 1st quarter of 2016), accounting for 0.0350% of Russia’s total imports (up from 0.0291% in the 1st quarter of 2016).

Russia’s Exports to Ghana

The major share of Russian exports to Ghana in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 84.93% of Russia’s total exports to Ghana (55.74% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 5.66% of Russia’s total exports to Ghana (18.10% in the 1st quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 5.57% of Russia’s total exports to Ghana (3.59% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 3.57% of Russia’s total exports to Ghana (21.50% in the 1st quarter of 2016).

The largest gains in Russia’s exports to Ghana in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $26,585,504;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $1,770,886.

The largest declines in Russia’s exports to Ghana in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Cereals (HS code 10) - a decrease of $6,044,082;
  • Fertilizers (HS code 31) - a decrease of $3,627,042;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $182,017.
Russia’s exports to Ghana in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value of exports
in Q1 2017,
US dollars ($)
Percent share in total export Value of exports
in Q1 2016,
US dollars ($)
Percent change
in Q1 2017
over Q1 2016
02 Meat and edible meat offal 64,294 0.11 95,713-32.83
10 Cereals 1,937,196 3.46 7,981,278-75.73
22 Beverages, spirits and vinegar 0 0.00 32,400-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 47,605,597 84.93 21,020,093126.48
29 Organic chemicals 0 0.00 14,575-100.00
31 Fertilizers 3,173,345 5.66 6,800,387-53.34
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 132 0.00 895-85.25
38 Miscellaneous chemical products 311 0.00 0
39 Plastics and articles thereof 418 0.00 8,281-94.95
40 Rubber and articles thereof 839 0.00 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 3,124,101 5.57 1,353,215130.87
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 15 0.00 0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0 0.00 190-100.00
73 Articles of iron or steel 793 0.00 62,644-98.73
74 Copper and articles thereof 1,239 0.00 0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 120 0.00 0
83 Miscellaneous articles of base metal 8,389 0.01 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 10,776 0.02 192,793-94.41
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 84,713 0.15 85,632-1.07
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 29,700 0.05 63,900-53.52
95 Toys, games and sports requisites; parts and accessories thereof 7,845 0.01 0

Russia’s Imports from Ghana

The major share of Russian imports from Ghana in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 99.77% of Russia’s total imports from Ghana (98.36% in the 1st quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 0.22% of Russia’s total imports from Ghana (1.64% in the 1st quarter of 2016).

The largest gains in Russia’s imports from Ghana in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Cocoa and cocoa preparations (HS code 18) - an increase of $5,682,112.

The largest declines in Russia’s imports from Ghana in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $136,051;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $88,296;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $49,440.
Russia’s imports from Ghana in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value of imports in Q1 2017,
US dollars ($)
Percent share in total import Value of imports in Q1 2016,
US dollars ($)
Percent change
in Q1 2017
over Q1 2016
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 2,289 0.01 2,1028.90
08 Edible fruit and nuts; peel of citrus fruit or melons 35,097 0.22 123,393-71.56
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0 0.00 49,440-100.00
18 Cocoa and cocoa preparations 15,749,100 99.54 10,066,98856.44
20 Preparations of vegetables, fruit, nuts or other parts of plants 0 0.00 658-100.00
39 Plastics and articles thereof 5 0.00 0
44 Wood and articles of wood; wood charcoal 34,309 0.22 170,360-79.86
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 0 0.00 167-100.00
73 Articles of iron or steel 1,471 0.01 0

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Russian foreign trade statistics
Source: Federal Customs Service of Russia