Russian foreign trade
reports and reviews

Russian trade in goods with Ghana in Q2 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 second quarter of 2017: exports, imports, products, dynamics.

Russia’s Trade with Ghana

In the 2nd quarter of 2017, Russia’s trade with Ghana was $42,982,810, down 56.75% ($56,399,856) from the 2nd quarter of 2016.

Russia’s exports to Ghana in the 2nd quarter of 2017 were $24,861,329, down 72.47% ($65,447,850) from the 2nd quarter of 2016.

Russia’s imports from Ghana in the 2nd quarter of 2017 totaled $18,121,481, up 99.72% ($9,047,994) from the 2nd quarter of 2016.

Russia’s trade surplus with Ghana in the 2nd quarter of 2017 was $6,739,848, a 91.70% decrease ($74,495,844) over the 2nd quarter of 2016.

Ghana was Russia’s 103rd largest trading partner in the 2nd quarter of 2017 (down from 76th in the 2nd quarter of 2016), accounting for 0.0308% of Russia’s total trade (down from 0.0913% in the 2nd quarter of 2016).

Ghana was Russia’s 98th largest export market in the 2nd quarter of 2017 (down from 66th in the 2nd quarter of 2016), accounting for 0.0296% of Russia’s total exports (down from 0.1359% in the 2nd quarter of 2016).

Ghana was Russia’s 87th largest supplier in the 2nd quarter of 2017 (up from 92nd in the 2nd quarter of 2016), accounting for 0.0325% of Russia’s total imports (up from 0.0214% in the 2nd quarter of 2016).

Russia’s Exports to Ghana

The major share of Russian exports to Ghana in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 67.64% of Russia’s total exports to Ghana (87.39% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 21.62% of Russia’s total exports to Ghana (5.07% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 5.68% of Russia’s total exports to Ghana (5.09% in the 2nd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 4.55% of Russia’s total exports to Ghana (2.16% in the 2nd quarter of 2016).

The largest gains in Russia’s exports to Ghana in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Cereals (HS code 10) - an increase of $2,628,693;
  • Pharmaceutical products (HS code 30) - an increase of $199,760;
  • 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 $99,727.

The largest declines in Russia’s exports to Ghana in the 2nd quarter of 2017 over the 2nd 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) - a decrease of $62,100,200;
  • Fertilizers (HS code 31) - a decrease of $3,505,307;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $1,869,559;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $821,018;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $127,896.
Russia’s exports to Ghana in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value of exports
in Q2 2017,
US dollars ($)
Percent share in total export Value of exports
in Q2 2016,
US dollars ($)
Percent change
in Q2 2017
over Q2 2016
02 Meat and edible meat offal 93,865 0.38 58,88359.41
10 Cereals 5,282,210 21.25 2,653,51799.06
22 Beverages, spirits and vinegar 0 0.00 1,869,559-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 16,816,935 67.64 78,917,135-78.69
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 187,943 0.76 88,216113.05
30 Pharmaceutical products 199,760 0.80 0
31 Fertilizers 1,003,325 4.04 4,508,632-77.75
38 Miscellaneous chemical products 6,444 0.03 0
39 Plastics and articles thereof 2,590 0.01 0
40 Rubber and articles thereof 12,092 0.05 7516,022.67
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,131,199 4.55 1,952,217-42.06
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 3,197 0.01 341837.54
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 0 0.00 4,691-100.00
72 Iron and steel 0 0.00 3,405-100.00
73 Articles of iron or steel 4,775 0.02 13,660-65.04
74 Copper and articles thereof 167 0.00 709-76.45
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0 0.00 168-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 98,736 0.40 226,632-56.43
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 3,145 0.01 1691,760.95
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,927 0.01 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 12,998 0.05 0
95 Toys, games and sports requisites; parts and accessories thereof 0 0.00 11,170-100.00
96 Miscellaneous manufactured articles 21 0.00 0

Russia’s Imports from Ghana

The major share of Russian imports from Ghana in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 98.95% of Russia’s total imports from Ghana (96.73% in the 2nd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 1.05% of Russia’s total imports from Ghana (3.17% in the 2nd quarter of 2016).

The largest gains in Russia’s imports from Ghana in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Cocoa and cocoa preparations (HS code 18) - an increase of $9,148,379.

The largest declines in Russia’s imports from Ghana in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $98,488.
Russia’s imports from Ghana in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value of imports in Q2 2017,
US dollars ($)
Percent share in total import Value of imports in Q2 2016,
US dollars ($)
Percent change
in Q2 2017
over Q2 2016
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 2,241 0.01 974130.08
08 Edible fruit and nuts; peel of citrus fruit or melons 41,684 0.23 33,86723.08
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 1,471 0.01 4,285-65.67
18 Cocoa and cocoa preparations 17,885,701 98.70 8,737,322104.70
20 Preparations of vegetables, fruit, nuts or other parts of plants 588 0.00 33177.64
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0 0.00 7,047-100.00
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 0 0.00 1,788-100.00
44 Wood and articles of wood; wood charcoal 189,385 1.05 287,873-34.21
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 411 0.00 0

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Russian foreign trade statistics
Source: Federal Customs Service of Russia