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Russian trade in goods with South Korea 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 South Korea in the third quarter of 2017: exports, imports, products, dynamics.

Russia’s Trade with South Korea

In the 3rd quarter of 2017, Russia’s trade with South Korea totaled $5,258,715,316, up 16.02% ($726,292,775) from the 3rd quarter of 2016.

Russia’s exports to South Korea in the 3rd quarter of 2017 totaled $3,344,931,132, up 13.29% ($392,464,501) from the 3rd quarter of 2016.

Russia’s imports from South Korea in the 3rd quarter of 2017 totaled $1,913,784,184, up 21.13% ($333,828,274) from the 3rd quarter of 2016.

Russia’s trade surplus with South Korea in the 3rd quarter of 2017 was $1,431,146,948, a 4.27% increase ($58,636,227) over the 3rd quarter of 2016.

South Korea was Russia’s 8th largest trading partner in the 3rd quarter of 2017 (down from 7th in the 3rd quarter of 2016), accounting for 3.5973% of Russia’s total trade (down from 3.7175% in the 3rd quarter of 2016).

South Korea was Russia’s 6th largest export market in the 3rd quarter of 2017 (up from 7th in the 3rd quarter of 2016), accounting for 3.9186% of Russia’s total exports (down from 4.1038% in the 3rd quarter of 2016).

South Korea was Russia’s 8th largest supplier in the 3rd quarter of 2017 (just as in the 3rd quarter of 2016), accounting for 3.1463% of Russia’s total imports (down from 3.1613% in the 3rd quarter of 2016).

Russia’s Exports to South Korea

The major share of Russian exports to South Korea 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) - 69.95% of Russia’s total exports to South Korea (75.38% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 11.63% of Russia’s total exports to South Korea (11.03% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 6.01% of Russia’s total exports to South Korea (2.45% in the 3rd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 5.78% of Russia’s total exports to South Korea (6.86% in the 3rd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 3.80% of Russia’s total exports to South Korea (2.64% in the 3rd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 1.57% of Russia’s total exports to South Korea (1.43% in the 3rd quarter of 2016);
  • Precious metals and stones (HS code 71) - 1.17% of Russia’s total exports to South Korea (0.16% in the 3rd quarter of 2016).

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

  • 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 $123,788,456;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $112,345,238;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $57,650,345;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - an increase of $34,627,832;
  • Ships, boats and floating structures (HS code 89) - an increase of $32,512,063;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $10,179,176.

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

  • Aluminum and articles thereof (HS code 76) - a decrease of $10,145,965.
Russia’s exports to South Korea in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value of exports
in Q3 2017,
US dollars ($)
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 1,638,407 0.05 100,1511,535.94
03 Fish and crustaceans, molluscs and other aquatic invertebrates 338,847,587 10.13 281,197,24220.50
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 0 0.00 7,766-100.00
05 Products of animal origin, not elsewhere specified or included 981,939 0.03 1,286,830-23.69
07 Edible vegetables and certain roots and tubers 98,992 0.00 51,94390.58
08 Edible fruit and nuts; peel of citrus fruit or melons 36,962 0.00 2,2461,545.68
10 Cereals 29,025,620 0.87 28,016,1393.60
11 Products of the milling industry; malt; starches; inulin; wheat gluten 7,000 0.00 16,045-56.37
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 1,078,647 0.03 83,6891,188.88
13 Lac; gums, resins and other vegetable saps and extracts 326,993 0.01 191,61670.65
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 61,962 0.00 22,824171.48
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 3,681 0.00 29,453-87.50
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 47,195 0.00 0
18 Cocoa and cocoa preparations 255,658 0.01 184,51138.56
19 Preparations of cereals, flour, starch or milk; bakers’ wares 5,000 0.00 53,351-90.63
20 Preparations of vegetables, fruit, nuts or other parts of plants 11,279 0.00 0
21 Miscellaneous edible preparations 209,922 0.01 683,132-69.27
22 Beverages, spirits and vinegar 368,198 0.01 85,706329.61
23 Residues and waste from the food industries; prepared animal feed 13,707,765 0.41 10,938,57925.32
24 Tobacco and manufactured tobacco substitutes 2,422,356 0.07 2,841,594-14.75
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 82,133 0.00 16,500397.78
26 Ores, slag and ash 23,719,988 0.71 21,983,9457.90
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 2,315,993,505 69.24 2,203,648,2675.10
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 184,178,911 5.51 60,390,455204.98
29 Organic chemicals 4,454,901 0.13 1,651,161169.80
30 Pharmaceutical products 1,225,412 0.04 2,883,357-57.50
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 3,216,192 0.10 2,477,22829.83
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 39,000 0.00 14,943160.99
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 182,586 0.01 143127,582.52
35 Albuminoidal substances; modified starches; glues; enzymes 2,930 0.00 844247.16
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 19,300 0.00 0
38 Miscellaneous chemical products 130,062 0.00 339,176-61.65
39 Plastics and articles thereof 5,191,495 0.16 1,443,435259.66
40 Rubber and articles thereof 2,457,702 0.07 3,224,610-23.78
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 309 0.00 0
43 Furskins and artificial fur; manufactures thereof 13,683 0.00 0
44 Wood and articles of wood; wood charcoal 32,329,599 0.97 22,150,42345.95
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 17,338,102 0.52 18,322,290-5.37
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2,136,827 0.06 1,597,89933.73
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 650,888 0.02 237,150174.46
52 Cotton 285 0.00 19347.67
54 Man-made filaments 116,762 0.00 238,079-50.96
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 824,766 0.02 123,662566.95
57 Carpets and other textile floor coverings 13 0.00 0
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 33 0.00 110-70.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0 0.00 11,684-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 4,104 0.00 12,538-67.27
62 Articles of apparel and clothing accessories, not knitted or crocheted 28,666 0.00 8,745227.80
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 19,571 0.00 6,395206.04
64 Footwear, gaiters and the like; parts of such articles 13,694 0.00 70,379-80.54
65 Headgear and parts thereof 2,459 0.00 574,214.04
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 76,804 0.00 10,651621.10
69 Ceramic products 337,981 0.01 156,963115.33
70 Glass and glassware 258,074 0.01 210,28422.73
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 39,262,404 1.17 4,634,572747.16
72 Iron and steel 87,092,115 2.60 88,318,077-1.39
73 Articles of iron or steel 3,972,130 0.12 2,820,22340.84
74 Copper and articles thereof 53,191 0.00 3,7401,322.22
75 Nickel and articles thereof 1,403 0.00 0
76 Aluminum and articles thereof 98,828,339 2.95 108,974,304-9.31
78 Lead and articles thereof 1 0.00 0
80 Tin and articles thereof 108,928 0.00 0
81 Other base metals; cermets; articles thereof 2,937,299 0.09 2,171,01735.30
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 430,158 0.01 205,256109.57
83 Miscellaneous articles of base metal 135 0.00 5,564-97.57
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 6,353,063 0.19 2,740,037131.86
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 7,202,318 0.22 4,210,18571.07
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 51,693 0.00 155,149-66.68
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 7,100,907 0.21 286,3492,379.81
89 Ships, boats and floating structures 101,663,333 3.04 69,151,27047.02
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 4,589,314 0.14 1,537,308198.53
91 Clocks and watches and parts thereof 20,377 0.00 16,08226.71
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 131,342 0.00 14,137829.07
95 Toys, games and sports requisites; parts and accessories thereof 748,214 0.02 0
96 Miscellaneous manufactured articles 300 0.00 74,185.71
SS Classified 202,268 0.01 198 9711.66

Russia’s Imports from South Korea

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 67.49% of Russia’s total imports from South Korea (68.73% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 15.39% of Russia’s total imports from South Korea (14.36% in the 3rd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 8.22% of Russia’s total imports from South Korea (8.16% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.79% of Russia’s total imports from South Korea (1.74% in the 3rd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.68% of Russia’s total imports from South Korea (1.51% in the 3rd quarter of 2016);
  • Mineral products (HS codes 25-27) - 1.49% of Russia’s total imports from South Korea (1.70% in the 3rd quarter of 2016).

The largest gains in Russia’s imports from South Korea in the 3rd quarter of 2017 over the 3rd 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 $192,342,433;
  • Ships, boats and floating structures (HS code 89) - an increase of $54,664,091;
  • Iron and steel (HS code 72) - an increase of $35,237,994;
  • Plastics and articles thereof (HS code 39) - an increase of $20,358,552;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $15,758,857;
  • Organic chemicals (HS code 29) - an increase of $13,170,019;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $12,066,808;
  • 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 (HS code 94) - an increase of $10,497,522;
  • Articles of iron or steel (HS code 73) - an increase of $9,045,312;
  • Rubber and articles thereof (HS code 40) - an increase of $8,355,183;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $6,043,445.

The largest declines in Russia’s imports from South Korea 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) - a decrease of $49,900,176;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $24,031,114;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $7,368,096.
Russia’s imports from South Korea in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value of imports in Q3 2017,
US dollars ($)
Percent share in total import Value of imports in Q3 2016,
US dollars ($)
Percent change
in Q3 2017
over Q3 2016
03 Fish and crustaceans, molluscs and other aquatic invertebrates 581,741 0.03 1,027,037-43.36
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 2,933 0.00 0
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 0 0.00 3,750-100.00
07 Edible vegetables and certain roots and tubers 4,583 0.00 5,957-23.07
08 Edible fruit and nuts; peel of citrus fruit or melons 0 0.00 44,810-100.00
09 Coffee, tea, maté and spices 6,767 0.00 2,107221.17
10 Cereals 18,440 0.00 29,985-38.50
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 924,917 0.05 352,135162.66
13 Lac; gums, resins and other vegetable saps and extracts 27,092 0.00 9,578182.86
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 495 0.00 9,367-94.72
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 616,953 0.03 425,79844.89
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 8,090 0.00 7,8942.48
17 Sugars and sugar confectionery 352,469 0.02 270,91430.10
18 Cocoa and cocoa preparations 258,824 0.01 140,67983.98
19 Preparations of cereals, flour, starch or milk; bakers’ wares 4,014,865 0.21 3,429,13017.08
20 Preparations of vegetables, fruit, nuts or other parts of plants 1,050,222 0.05 455,784130.42
21 Miscellaneous edible preparations 9,750,200 0.51 8,356,67816.68
22 Beverages, spirits and vinegar 6,884,398 0.36 4,716,61545.96
23 Residues and waste from the food industries; prepared animal feed 173,975 0.01 241,723-28.03
24 Tobacco and manufactured tobacco substitutes 9,567,885 0.50 7,990,32119.74
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 24,158 0.00 1,187,974-97.97
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 28,406,122 1.48 25,631,87810.82
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 15,299,951 0.80 12,198,63725.42
29 Organic chemicals 37,546,014 1.96 24,375,99554.03
30 Pharmaceutical products 6,224,960 0.33 4,578,60335.96
31 Fertilizers 0 0.00 53-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 7,536,230 0.39 5,788,00130.20
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 20,285,446 1.06 8,218,638146.82
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 7,986,154 0.42 5,881,41735.79
35 Albuminoidal substances; modified starches; glues; enzymes 1,330,392 0.07 1,067,27924.65
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 0 0.00 1-100.00
37 Photographic or cinematographic goods 378,522 0.02 159,928136.68
38 Miscellaneous chemical products 10,612,653 0.55 5,998,34476.93
39 Plastics and articles thereof 124,024,744 6.48 103,666,19219.64
40 Rubber and articles thereof 63,286,510 3.31 54,931,32715.21
41 Raw hides and skins (other than furskins) and leather 895,238 0.05 2,078,843-56.94
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 2,037,322 0.11 765,691166.08
43 Furskins and artificial fur; manufactures thereof 6,365 0.00 0
44 Wood and articles of wood; wood charcoal 140,530 0.01 83,56468.17
45 Cork and articles of cork 1,302 0.00 3,270-60.18
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 14,544 0.00 23,197-37.30
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 0 0.00 75-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 13,465,325 0.70 10,039,99034.12
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 478,288 0.02 242,28297.41
52 Cotton 499,829 0.03 320,32556.04
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 17,241 0.00 29,931-42.40
54 Man-made filaments 3,495,408 0.18 3,512,825-0.50
55 Man-made staple fibers 10,323,274 0.54 6,660,84554.98
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 5,560,862 0.29 3,105,35279.07
57 Carpets and other textile floor coverings 24,855 0.00 26,114-4.82
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 189,207 0.01 254,920-25.78
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 6,135,368 0.32 4,515,46635.87
60 Knitted or crocheted fabrics 1,734,144 0.09 2,405,562-27.91
61 Articles of apparel and clothing accessories, knitted or crocheted 788,779 0.04 650,72521.22
62 Articles of apparel and clothing accessories, not knitted or crocheted 491,075 0.03 403,94321.57
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2,606,288 0.14 1,738,57849.91
64 Footwear, gaiters and the like; parts of such articles 167,117 0.01 109,35852.82
65 Headgear and parts thereof 33,478 0.00 17,49791.34
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 5,369 0.00 524924.62
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 102,905 0.01 51,83398.53
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 3,257,330 0.17 4,052,139-19.61
69 Ceramic products 428,726 0.02 255,48867.81
70 Glass and glassware 7,261,632 0.38 5,911,97422.83
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 172,349 0.01 151,95913.42
72 Iron and steel 84,961,960 4.44 49,723,96670.87
73 Articles of iron or steel 33,896,781 1.77 24,851,46936.40
74 Copper and articles thereof 1,050,637 0.05 745,17140.99
75 Nickel and articles thereof 25,661 0.00 6303,973.17
76 Aluminum and articles thereof 3,875,653 0.20 3,343,41615.92
78 Lead and articles thereof 722 0.00 2,750-73.75
79 Zinc and articles thereof 190,958 0.01 59,913218.73
81 Other base metals; cermets; articles thereof 1,255,926 0.07 17,3667,132.10
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 15,117,209 0.79 39,148,323-61.38
83 Miscellaneous articles of base metal 17,020,690 0.89 10,977,24555.05
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 291,323,685 15.22 298,691,781-2.47
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 238,713,756 12.47 288,613,932-17.29
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 397,999 0.02 90,125341.61
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 460,849,066 24.08 268,506,63371.63
89 Ships, boats and floating structures 249,276,978 13.03 194,612,88728.09
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 51,097,248 2.67 35,338,39144.59
91 Clocks and watches and parts thereof 372,772 0.02 249,41949.46
92 Musical instruments; parts and accessories of such articles 343,449 0.02 48,020615.22
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 38,616,454 2.02 28,118,93237.33
95 Toys, games and sports requisites; parts and accessories thereof 540,195 0.03 526,1712.67
96 Miscellaneous manufactured articles 4,422,576 0.23 5,427,776-18.52
SS Classified 2,912,954 0.15 2 244 79529.76
Russian foreign trade statistics
Source: Federal Customs Service of Russia