Russian trade in goods with Bangladesh in Q2 2017
August 17, 2017
by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
based on data from the Federal Customs Service of Russia
The Report on Russia’s foreign trade in goods with Bangladesh in the second quarter of 2017: exports, imports, products, dynamics.
Russia’s Trade with Bangladesh
In the 2nd quarter of 2017, Russia’s trade with Bangladesh totaled $307,879,276, up 44.11% ($94,238,707) from the 2nd quarter of 2016.
Russia’s exports to Bangladesh in the 2nd quarter of 2017 totaled $85,288,615, up 56.09% ($30,647,519) from the 2nd quarter of 2016.
Russia’s imports from Bangladesh in the 2nd quarter of 2017 totaled $222,590,661, up 39.99% ($63,591,188) from the 2nd quarter of 2016.
Russia’s trade deficit with Bangladesh in the 2nd quarter of 2017 was $137,302,046, a 31.57% increase ($32,943,669) over the 2nd quarter of 2016.
Bangladesh was Russia’s 59th largest trading partner in the 2nd quarter of 2017 (up from 64th in the 2nd quarter of 2016), accounting for 0.2203% of Russia’s total trade (up from 0.1963% in the 2nd quarter of 2016).
Bangladesh was Russia’s 73rd largest export market in the 2nd quarter of 2017 (up from 75th in the 2nd quarter of 2016), accounting for 0.1016% of Russia’s total exports (up from 0.0822% in the 2nd quarter of 2016).
Bangladesh was Russia’s 45th largest supplier in the 2nd quarter of 2017 (just as in the 2nd quarter of 2016), accounting for 0.3990% of Russia’s total imports (up from 0.3751% in the 2nd quarter of 2016).
Russia’s Exports to Bangladesh
The major share of Russian exports to Bangladesh in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:
- Machinery, equipment and vehicles (HS codes 84-90) - 60.84% of Russia’s total exports to Bangladesh (23.30% in the 2nd quarter of 2016);
- Food products and agricultural raw materials (HS codes 01-24) - 19.22% of Russia’s total exports to Bangladesh (55.56% in the 2nd quarter of 2016);
- Chemical products (HS codes 28-40) - 7.90% of Russia’s total exports to Bangladesh (0.59% in the 2nd quarter of 2016);
- Mineral products (HS codes 25-27) - 3.26% of Russia’s total exports to Bangladesh (3.64% in the 2nd quarter of 2016);
- Metals and products from them (HS codes 72-83) - 1.16% of Russia’s total exports to Bangladesh (13.74% in the 2nd quarter of 2016).
The largest gains in Russia’s exports to Bangladesh in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:
- Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $50,609,004;
- Fertilizers (HS code 31) - an increase of $6,177,219;
- Edible vegetables and certain roots and tubers (HS code 07) - an increase of $3,450,781;
- Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $1,013,336;
- Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - an increase of $610,486;
- Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $318,954;
- 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 $296,276;
- Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $287,225.
The largest declines in Russia’s exports to Bangladesh in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:
- Cereals (HS code 10) - a decrease of $18,462,051;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $9,256,550;
- Iron and steel (HS code 72) - a decrease of $4,967,686;
- Ships, boats and floating structures (HS code 89) - a decrease of $2,248,146;
- Articles of iron or steel (HS code 73) - a decrease of $1,493,129;
- Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $257,095.
| HS code |
Name of product group | Value of exports in Q2 2017, US dollars ($) |
Percent share in total export | Value of exports in Q2 2016, US dollars ($) |
Percent change in Q2 2017 over Q2 2016 |
|---|---|---|---|---|---|
| 07 | Edible vegetables and certain roots and tubers | 5,199,155 | 6.10 | 1,748,374 | 197.37 |
| 09 | Coffee, tea, maté and spices | 46,104 | 0.05 | 0 | ∞ |
| 10 | Cereals | 10,082,232 | 11.82 | 28,544,283 | -64.68 |
| 12 | Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder | 1,013,336 | 1.19 | 0 | ∞ |
| 15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 0 | 0.00 | 66,875 | -100.00 |
| 18 | Cocoa and cocoa preparations | 1,111 | 0.00 | 0 | ∞ |
| 19 | Preparations of cereals, flour, starch or milk; bakers’ wares | 15,173 | 0.02 | 0 | ∞ |
| 20 | Preparations of vegetables, fruit, nuts or other parts of plants | 20,513 | 0.02 | 0 | ∞ |
| 21 | Miscellaneous edible preparations | 3,553 | 0.00 | 0 | ∞ |
| 22 | Beverages, spirits and vinegar | 11,427 | 0.01 | 0 | ∞ |
| 25 | Salt; sulfur; earths and stone; plastering materials, lime and cement | 1,413,613 | 1.66 | 803,127 | 76.01 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 1,364,607 | 1.60 | 1,184,210 | 15.23 |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 434,339 | 0.51 | 115,385 | 276.43 |
| 29 | Organic chemicals | 27,705 | 0.03 | 49,122 | -43.60 |
| 30 | Pharmaceutical products | 0 | 0.00 | 111,583 | -100.00 |
| 31 | Fertilizers | 6,177,219 | 7.24 | 0 | ∞ |
| 32 | Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics | 68,509 | 0.08 | 0 | ∞ |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 5,246 | 0.01 | 0 | ∞ |
| 36 | Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations | 0 | 0.00 | 183 | -100.00 |
| 38 | Miscellaneous chemical products | 0 | 0.00 | 2,072 | -100.00 |
| 39 | Plastics and articles thereof | 2,737 | 0.00 | 1,026 | 166.76 |
| 40 | Rubber and articles thereof | 24,906 | 0.03 | 40,972 | -39.21 |
| 41 | Raw hides and skins (other than furskins) and leather | 1,105,820 | 1.30 | 1,208,414 | -8.49 |
| 42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 0 | 0.00 | 20,750 | -100.00 |
| 47 | Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard | 68,558 | 0.08 | 0 | ∞ |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 70,833 | 0.08 | 14,089 | 402.75 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 492,500 | 0.58 | 205,275 | 139.92 |
| 52 | Cotton | 0 | 0.00 | 6 | -100.00 |
| 54 | Man-made filaments | 0 | 0.00 | 426 | -100.00 |
| 56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 0 | 0.00 | 2,343 | -100.00 |
| 59 | Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use | 8,146 | 0.01 | 33,751 | -75.86 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 643 | 0.00 | 9,247 | -93.05 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 17,664 | 0.02 | 9,240 | 91.17 |
| 70 | Glass and glassware | 28 | 0.00 | 18,718 | -99.85 |
| 72 | Iron and steel | 312,949 | 0.37 | 5,280,635 | -94.07 |
| 73 | Articles of iron or steel | 109,308 | 0.13 | 1,602,437 | -93.18 |
| 74 | Copper and articles thereof | 0 | 0.00 | 10,698 | -100.00 |
| 76 | Aluminum and articles thereof | 566,770 | 0.66 | 338,661 | 67.36 |
| 80 | Tin and articles thereof | 0 | 0.00 | 13,300 | -100.00 |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 346 | 0.00 | 257,441 | -99.87 |
| 83 | Miscellaneous articles of base metal | 0 | 0.00 | 5,040 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 288,903 | 0.34 | 9,545,453 | -96.97 |
| 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 | 751,250 | 0.88 | 454,974 | 65.12 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 50,611,068 | 59.34 | 2,064 | 2,451,986.63 |
| 89 | Ships, boats and floating structures | 240,000 | 0.28 | 2,488,146 | -90.35 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 2,472 | 0.00 | 241,180 | -98.98 |
| 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 | 14,797 | 0.02 | 210,713 | -92.98 |
| 96 | Miscellaneous manufactured articles | 0 | 0.00 | 883 | -100.00 |
| SS | Classified | 4,715,075 | 5.53 | 0 | ∞ |
Russia’s Imports from Bangladesh
The major share of Russian imports from Bangladesh in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:
- Textiles, textile products and footwear (HS codes 50-67) - 96.83% of Russia’s total imports from Bangladesh (95.78% in the 2nd quarter of 2016);
- Food products and agricultural raw materials (HS codes 01-24) - 2.30% of Russia’s total imports from Bangladesh (3.46% in the 2nd quarter of 2016).
The largest gains in Russia’s imports from Bangladesh in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:
- Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $30,891,760;
- Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $29,041,278;
- Other vegetable textile fibers; paper yarn and woven fabric of paper yarn (HS code 53) - an increase of $2,059,229;
- Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $675,938.
The largest declines in Russia’s imports from Bangladesh in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:
- No product groups with a substantial decrease.
| HS code |
Name of product group | Value of imports in Q2 2017, US dollars ($) |
Percent share in total import | Value of imports in Q2 2016, US dollars ($) |
Percent change in Q2 2017 over Q2 2016 |
|---|---|---|---|---|---|
| 03 | Fish and crustaceans, molluscs and other aquatic invertebrates | 2,136,302 | 0.96 | 2,199,907 | -2.89 |
| 15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 23,823 | 0.01 | 29,680 | -19.73 |
| 16 | Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates | 470,424 | 0.21 | 489,242 | -3.85 |
| 22 | Beverages, spirits and vinegar | 0 | 0.00 | 17,322 | -100.00 |
| 24 | Tobacco and manufactured tobacco substitutes | 2,495,018 | 1.12 | 2,767,079 | -9.83 |
| 30 | Pharmaceutical products | 0 | 0.00 | 32,608 | -100.00 |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 6,221 | 0.00 | 1,022 | 508.71 |
| 39 | Plastics and articles thereof | 25,990 | 0.01 | 15,544 | 67.20 |
| 40 | Rubber and articles thereof | 1,164 | 0.00 | 718 | 62.12 |
| 41 | Raw hides and skins (other than furskins) and leather | 11,570 | 0.01 | 0 | ∞ |
| 42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 952,601 | 0.43 | 397,248 | 139.80 |
| 46 | Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork | 32,209 | 0.01 | 1,455 | 2,113.68 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 63 | 0.00 | 250 | -74.80 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 0 | 0.00 | 2,628 | -100.00 |
| 52 | Cotton | 6,450 | 0.00 | 16 | 40,212.50 |
| 53 | Other vegetable textile fibers; paper yarn and woven fabric of paper yarn | 5,476,108 | 2.46 | 3,416,879 | 60.27 |
| 55 | Man-made staple fibers | 0 | 0.00 | 12,336 | -100.00 |
| 56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 931,048 | 0.42 | 525,129 | 77.30 |
| 57 | Carpets and other textile floor coverings | 169,654 | 0.08 | 3,934 | 4,212.51 |
| 58 | Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery | 1,948 | 0.00 | 0 | ∞ |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 104,742,557 | 47.06 | 75,701,279 | 38.36 |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 95,291,977 | 42.81 | 64,400,217 | 47.97 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 5,785,893 | 2.60 | 5,956,649 | -2.87 |
| 64 | Footwear, gaiters and the like; parts of such articles | 2,865,807 | 1.29 | 2,189,869 | 30.87 |
| 65 | Headgear and parts thereof | 261,322 | 0.12 | 84,822 | 208.08 |
| 69 | Ceramic products | 70,343 | 0.03 | 44,292 | 58.82 |
| 70 | Glass and glassware | 0 | 0.00 | 39 | -100.00 |
| 73 | Articles of iron or steel | 804 | 0.00 | 13 | 6,084.62 |
| 83 | Miscellaneous articles of base metal | 181 | 0.00 | 0 | ∞ |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 3,178 | 0.00 | 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 | 252,790 | 0.11 | 142 | 177,921.13 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 5,044 | 0.00 | 63,028 | -92.00 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 83,607 | 0.04 | 72,841 | 14.78 |
| 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 | 238,491 | 0.11 | 408,710 | -41.65 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 247,818 | 0.11 | 164,575 | 50.58 |
| 96 | Miscellaneous manufactured articles | 256 | 0.00 | 0 | ∞ |