Russian trade in goods with Papua New Guinea in Q3 2017

Russia’s Trade with Papua New Guinea

In the 3rd quarter of 2017, Russia’s trade with Papua New Guinea was $2,107,143, down 87.06% ($14,180,496) from the 3rd quarter of 2016.

Russia’s exports to Papua New Guinea in the 3rd quarter of 2017 were $124,124, down 99.17% ($14,861,708) from the 3rd quarter of 2016.

Russia’s imports from Papua New Guinea in the 3rd quarter of 2017 totaled $1,983,019, up 52.33% ($681,212) from the 3rd quarter of 2016.

Russia’s trade balance with Papua New Guinea went from a surplus of $13,684,025 in the 3rd quarter of 2016, to a deficit of $1,858,895 in the 3rd quarter of 2017.

Papua New Guinea was Russia’s 162nd largest trading partner in the 3rd quarter of 2017 (down from 126th in the 3rd quarter of 2016), accounting for 0.0014% of Russia’s total trade (down from 0.0134% in the 3rd quarter of 2016).

Papua New Guinea was Russia’s 178th largest export market in the 3rd quarter of 2017 (down from 114th in the 3rd quarter of 2016), accounting for 0.0001% of Russia’s total exports (down from 0.0208% in the 3rd quarter of 2016).

Papua New Guinea was Russia’s 130th largest supplier in the 3rd quarter of 2017 (up from 132nd in the 3rd quarter of 2016), accounting for 0.0033% of Russia’s total imports (up from 0.0026% in the 3rd quarter of 2016).

Russia’s Exports to Papua New Guinea

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

• Mineral products (HS codes 25-27) - 94.26% of Russia’s total exports to Papua New Guinea (99.98% in the 3rd quarter of 2016);
• Machinery, equipment and vehicles (HS codes 84-90) - 4.05% of Russia’s total exports to Papua New Guinea (0.00% in the 3rd quarter of 2016);
• Chemical products (HS codes 28-40) - 1.69% of Russia’s total exports to Papua New Guinea (0.01% in the 3rd quarter of 2016).

The largest gains in Russia’s exports to Papua New Guinea in the 3rd quarter of 2017 over the 3rd quarter of 2016 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 $5,024.

The largest declines in Russia’s exports to Papua New Guinea 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 $14,865,602;
• Beverages, spirits and vinegar (HS code 22) - a decrease of $1,330.

Russia’s Imports from Papua New Guinea

The major share of Russian imports from Papua New Guinea 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) - 100.00% of Russia’s total imports from Papua New Guinea (100.00% in the 3rd quarter of 2016).

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

• Coffee, tea, maté and spices (HS code 09) - an increase of $681,212.

The largest declines in Russia’s imports from Papua New Guinea 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.