Russian foreign trade
reports and reviews

Russian trade in goods with Ghana in Q3 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 third quarter of 2017: exports, imports, products, dynamics.

Russia’s Trade with Ghana

In the 3rd quarter of 2017, Russia’s trade with Ghana was $49,102,608, down 3.79% ($1,933,643) from the 3rd quarter of 2016.

Russia’s exports to Ghana in the 3rd quarter of 2017 were $29,812,607, down 23.85% ($9,337,729) from the 3rd quarter of 2016.

Russia’s imports from Ghana in the 3rd quarter of 2017 totaled $19,290,001, up 62.29% ($7,404,086) from the 3rd quarter of 2016.

Russia’s trade surplus with Ghana in the 3rd quarter of 2017 was $10,522,606, a 61.41% decrease ($16,741,815) over the 3rd quarter of 2016.

Ghana was Russia’s 103rd largest trading partner in the 3rd quarter of 2017 (down from 76th in the 3rd quarter of 2016), accounting for 0.0336% of Russia’s total trade (down from 0.0419% in the 3rd quarter of 2016).

Ghana was Russia’s 98th largest export market in the 3rd quarter of 2017 (down from 66th in the 3rd quarter of 2016), accounting for 0.0349% of Russia’s total exports (down from 0.0544% in the 3rd quarter of 2016).

Ghana was Russia’s 87th largest supplier in the 3rd quarter of 2017 (up from 92nd in the 3rd quarter of 2016), accounting for 0.0317% of Russia’s total imports (up from 0.0238% in the 3rd quarter of 2016).

Russia’s Exports to Ghana

The major share of Russian exports to Ghana in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 53.67% of Russia’s total exports to Ghana (11.73% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 24.34% of Russia’s total exports to Ghana (7.17% in the 3rd quarter of 2016);
  • Mineral products (HS codes 25-27) - 13.88% of Russia’s total exports to Ghana (73.11% in the 3rd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 7.64% of Russia’s total exports to Ghana (3.37% in the 3rd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 0.01% of Russia’s total exports to Ghana (3.69% in the 3rd quarter of 2016).

The largest gains in Russia’s exports to Ghana in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Cereals (HS code 10) - an increase of $12,633,414;
  • Fertilizers (HS code 31) - an increase of $4,600,646;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $956,762.

The largest declines in Russia’s exports to Ghana in the 3rd quarter of 2017 over the 3rd 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 $24,487,255;
  • Iron and steel (HS code 72) - a decrease of $1,431,419;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $1,293,226;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $276,348;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $112,275.
Russia’s exports to Ghana in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value of exports
in Q3 2017,
US dollars ($)
Percent share in total export Value of exports
in Q3 2016,
US dollars ($)
Percent change
in Q3 2017
over Q3 2016
02 Meat and edible meat offal 131,634 0.44 65,118102.15
10 Cereals 15,781,717 52.94 3,148,303401.28
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 87,570 0.29 1,380,796-93.66
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 4,136,581 13.88 28,623,836-85.55
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0 0.00 112,275-100.00
31 Fertilizers 7,235,969 24.27 2,635,323174.58
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0 0.00 31,000-100.00
38 Miscellaneous chemical products 0 0.00 2,639-100.00
39 Plastics and articles thereof 20,583 0.07 24,910-17.37
40 Rubber and articles thereof 527 0.00 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2,276,724 7.64 1,319,96272.48
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 696 0.00 324114.81
72 Iron and steel 0 0.00 1,431,419-100.00
73 Articles of iron or steel 4,276 0.01 14,599-70.71
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 31,706 0.11 308,054-89.71
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 40,200 0.13 1,5992,414.07
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 49,202 0.17 28,50072.64
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 4,032 0.01 3,18826.47
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 0 0.00 2,579-100.00
95 Toys, games and sports requisites; parts and accessories thereof 11,190 0.04 15,912-29.68

Russia’s Imports from Ghana

The major share of Russian imports from Ghana in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 99.48% of Russia’s total imports from Ghana (99.60% in the 3rd quarter of 2016).

The largest gains in Russia’s imports from Ghana in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Cocoa and cocoa preparations (HS code 18) - an increase of $7,327,744.

The largest declines in Russia’s imports from Ghana in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • No product groups with a substantial decrease.
Russia’s imports from Ghana in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value of imports in Q3 2017,
US dollars ($)
Percent share in total import Value of imports in Q3 2016,
US dollars ($)
Percent change
in Q3 2017
over Q3 2016
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 559 0.00 2,154-74.05
08 Edible fruit and nuts; peel of citrus fruit or melons 64,894 0.34 28,155130.49
09 Coffee, tea, maté and spices 910 0.00 0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 1,589 0.01 14,175-88.79
18 Cocoa and cocoa preparations 19,121,576 99.13 11,793,83262.13
20 Preparations of vegetables, fruit, nuts or other parts of plants 524 0.00 150249.33
44 Wood and articles of wood; wood charcoal 68,760 0.36 47,44944.91
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 31,189 0.16 0

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Russian foreign trade statistics
Source: Federal Customs Service of Russia