Russian trade in goods with Ghana in Q4 2017
based on data from the Federal Customs Service of Russia
Russia’s Trade with Ghana
In the 4th quarter of 2017, Russia’s trade with Ghana was $46,785,367, down 20.30% ($11,914,696) from the 4th quarter of 2016.
Russia’s exports to Ghana in the 4th quarter of 2017 were $24,308,651, down 25.81% ($8,456,260) from the 4th quarter of 2016.
Russia’s imports from Ghana in the 4th quarter of 2017 were $22,476,716, down 13.33% ($3,458,436) from the 4th quarter of 2016.
Russia’s trade surplus with Ghana in the 4th quarter of 2017 was $1,831,935, a 73.18% decrease ($4,997,824) over the 4th quarter of 2016.
Ghana was Russia’s 102nd largest trading partner in the 4th quarter of 2017 (down from 96th in the 4th quarter of 2016), accounting for 0.0280% of Russia’s total trade (down from 0.0431% in the 4th quarter of 2016).
Ghana was Russia’s 105th largest export market in the 4th quarter of 2017 (down from 95th in the 4th quarter of 2016), accounting for 0.0236% of Russia’s total exports (down from 0.0391% in the 4th quarter of 2016).
Ghana was Russia’s 88th largest supplier in the 4th quarter of 2017 (down from 83rd in the 4th quarter of 2016), accounting for 0.0350% of Russia’s total imports (down from 0.0495% in the 4th quarter of 2016).
Russia’s Exports to Ghana
The major share of Russian exports to Ghana in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 73.88% of Russia’s total exports to Ghana (43.82% in the 4th quarter of 2016);
- Chemical products (HS codes 28-40) - 13.42% of Russia’s total exports to Ghana (13.49% in the 4th quarter of 2016);
- Mineral products (HS codes 25-27) - 5.59% of Russia’s total exports to Ghana (39.24% in the 4th quarter of 2016);
- Wood and wood products (HS codes 44-49) - 5.16% of Russia’s total exports to Ghana (2.67% in the 4th quarter of 2016);
- Machinery, equipment and vehicles (HS codes 84-90) - 1.31% of Russia’s total exports to Ghana (0.68% in the 4th quarter of 2016).
The largest gains in Russia’s exports to Ghana in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:
- Cereals (HS code 10) - an increase of $3,583,256;
- Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $357,956;
- Articles of iron or steel (HS code 73) - an increase of $131,186.
The largest declines in Russia’s exports to Ghana in the 4th quarter of 2017 over the 4th 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 $11,499,056;
- Fertilizers (HS code 31) - a decrease of $1,076,657.
| HS code |
Name of product group | Value of exports in Q4 2017, US dollars ($) |
Percent share in total export | Value of exports in Q4 2016, US dollars ($) |
Percent change in Q4 2017 over Q4 2016 |
|---|---|---|---|---|---|
| 02 | Meat and edible meat offal | 104,678 | 0.43 | 85,703 | 22.14 |
| 10 | Cereals | 17,855,300 | 73.45 | 14,272,044 | 25.11 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 1,359,445 | 5.59 | 12,858,501 | -89.43 |
| 29 | Organic chemicals | 0 | 0.00 | 26,078 | -100.00 |
| 31 | Fertilizers | 3,248,531 | 13.36 | 4,325,188 | -24.89 |
| 32 | Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics | 0 | 0.00 | 58,754 | -100.00 |
| 38 | Miscellaneous chemical products | 13,620 | 0.06 | 3,363 | 305.00 |
| 39 | Plastics and articles thereof | 753 | 0.00 | 3,627 | -79.24 |
| 40 | Rubber and articles thereof | 16 | 0.00 | 2,350 | -99.32 |
| 44 | Wood and articles of wood; wood charcoal | 20,932 | 0.09 | 0 | ∞ |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 1,232,893 | 5.07 | 874,937 | 40.91 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 1,653 | 0.01 | 459 | 260.13 |
| 73 | Articles of iron or steel | 137,831 | 0.57 | 6,645 | 1,974.21 |
| 76 | Aluminum and articles thereof | 10,000 | 0.04 | 50 | 19,900.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 261,219 | 1.07 | 202,985 | 28.69 |
| 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 | 0 | 0.00 | 1,862 | -100.00 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 56,386 | 0.23 | 0 | ∞ |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 0 | 0.00 | 17,915 | -100.00 |
| 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 | 15,935 | -100.00 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 5,394 | 0.02 | 8,515 | -36.65 |
Russia’s Imports from Ghana
The major share of Russian imports from Ghana in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 99.30% of Russia’s total imports from Ghana (99.31% in the 4th quarter of 2016).
The largest gains in Russia’s imports from Ghana in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:
- Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $115,830.
The largest declines in Russia’s imports from Ghana in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:
- Cocoa and cocoa preparations (HS code 18) - a decrease of $3,600,112.
| HS code |
Name of product group | Value of imports in Q4 2017, US dollars ($) |
Percent share in total import | Value of imports in Q4 2016, US dollars ($) |
Percent change in Q4 2017 over Q4 2016 |
|---|---|---|---|---|---|
| 06 | Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage | 397 | 0.00 | 1,072 | -62.97 |
| 08 | Edible fruit and nuts; peel of citrus fruit or melons | 151,583 | 0.67 | 35,753 | 323.97 |
| 12 | Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder | 78 | 0.00 | 0 | ∞ |
| 14 | Vegetable plaiting materials; vegetable products not elsewhere specified or included | 46,874 | 0.21 | 0 | ∞ |
| 15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 3,130 | 0.01 | 2,001 | 56.42 |
| 18 | Cocoa and cocoa preparations | 22,118,300 | 98.41 | 25,718,412 | -14.00 |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 0 | 0.00 | 1,591 | -100.00 |
| 44 | Wood and articles of wood; wood charcoal | 156,354 | 0.70 | 176,323 | -11.33 |