Russian trade with Venezuela in 2017
February 14, 2018
by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
based on data from the Federal Customs Service of Russia
The Report on Russia’s foreign trade in goods with Venezuela in 2017: exports, imports, products, dynamics.
Russia’s Trade with Venezuela
In 2017, Russia’s trade with Venezuela was $68,360,664, down 79.66% ($267,690,767) from 2016.
Russia’s exports to Venezuela in 2017 were $67,605,721, down 79.77% ($266,651,109) from 2016.
Russia’s imports from Venezuela in 2017 were $754,943, down 57.93% ($1,039,658) from 2016.
Russia’s trade surplus with Venezuela in 2017 was $66,850,778, a 79.89% decrease ($265,611,451) over 2016.
Venezuela was Russia’s 125th largest trading partner in 2017 (down from 82nd in 2016), accounting for 0.0117% of Russia’s total trade (down from 0.0718% in 2016).
Venezuela was Russia’s 107th largest export market in 2017 (down from 71st in 2016), accounting for 0.0189% of Russia’s total exports (down from 0.1171% in 2016).
Venezuela was Russia’s 149th largest supplier in 2017 (down from 137th in 2016), accounting for 0.0003% of Russia’s total imports (down from 0.0010% in 2016).
Russia’s Exports to Venezuela
The major share of Russian exports to Venezuela in 2017 (and in 2016) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 61.94% of Russia’s total exports to Venezuela (3.43% in 2016);
- Machinery, equipment and vehicles (HS codes 84-90) - 27.19% of Russia’s total exports to Venezuela (62.05% in 2016);
- Chemical products (HS codes 28-40) - 7.24% of Russia’s total exports to Venezuela (4.45% in 2016);
- Metals and products from them (HS codes 72-83) - 1.71% of Russia’s total exports to Venezuela (5.11% in 2016);
- Wood and wood products (HS codes 44-49) - 0.13% of Russia’s total exports to Venezuela (3.14% in 2016).
The largest gains in Russia’s exports to Venezuela in 2017 over 2016 were recorded for the following product groups:
- Cereals (HS code 10) - an increase of $41,783,455;
- Plastics and articles thereof (HS code 39) - an increase of $419,903;
- Organic chemicals (HS code 29) - an increase of $281,452.
The largest declines in Russia’s exports to Venezuela in 2017 over 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 $96,442,684;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $42,087,353;
- Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $28,217,536;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $21,589,977;
- Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $12,204,632;
- Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $11,049,804;
- Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - a decrease of $10,445,729;
- Fertilizers (HS code 31) - a decrease of $7,995,899;
- 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) - a decrease of $4,064,617;
- Articles of iron or steel (HS code 73) - a decrease of $3,259,664;
- Rubber and articles thereof (HS code 40) - a decrease of $1,891,627;
- Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $863,082;
- Ships, boats and floating structures (HS code 89) - a decrease of $694,323;
- Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations (HS code 36) - a decrease of $690,421;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $635,422;
- Aluminum and articles thereof (HS code 76) - a decrease of $259,833;
- Products of the milling industry; malt; starches; inulin; wheat gluten (HS code 11) - a decrease of $252,170.
| HS code |
Name of product group | Value of exports in 2017, US dollars ($) |
Percent share in total export | Value of exports in 2016, US dollars ($) |
Percent change in 2017 over 2016 |
|---|---|---|---|---|---|
| 10 | Cereals | 41,783,455 | 61.80 | 0 | ∞ |
| 11 | Products of the milling industry; malt; starches; inulin; wheat gluten | 5,133 | 0.01 | 257,303 | -98.01 |
| 15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 24,837 | 0.04 | 11,074,641 | -99.78 |
| 18 | Cocoa and cocoa preparations | 0 | 0.00 | 11,666 | -100.00 |
| 19 | Preparations of cereals, flour, starch or milk; bakers’ wares | 6,800 | 0.01 | 11,341 | -40.04 |
| 22 | Beverages, spirits and vinegar | 57,083 | 0.08 | 98,250 | -41.90 |
| 25 | Salt; sulfur; earths and stone; plastering materials, lime and cement | 6,667 | 0.01 | 0 | ∞ |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 425,660 | 0.63 | 1,061,082 | -59.88 |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 2,054 | 0.00 | 0 | ∞ |
| 29 | Organic chemicals | 281,452 | 0.42 | 0 | ∞ |
| 30 | Pharmaceutical products | 13 | 0.00 | 300 | -95.67 |
| 31 | Fertilizers | 4,007,740 | 5.93 | 12,003,639 | -66.61 |
| 32 | Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics | 0 | 0.00 | 32,869 | -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 | 109 | 0.00 | 82,125 | -99.87 |
| 35 | Albuminoidal substances; modified starches; glues; enzymes | 190 | 0.00 | 0 | ∞ |
| 36 | Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations | 0 | 0.00 | 690,421 | -100.00 |
| 38 | Miscellaneous chemical products | 30,350 | 0.04 | 4,292 | 607.13 |
| 39 | Plastics and articles thereof | 570,360 | 0.84 | 150,457 | 279.09 |
| 40 | Rubber and articles thereof | 3,114 | 0.00 | 1,894,741 | -99.84 |
| 44 | Wood and articles of wood; wood charcoal | 2 | 0.00 | 58,905 | -100.00 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 89,582 | 0.13 | 0 | ∞ |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 0 | 0.00 | 10,445,729 | -100.00 |
| 56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 808 | 0.00 | 609 | 32.68 |
| 59 | Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use | 0 | 0.00 | 44 | -100.00 |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 204 | 0.00 | 0 | ∞ |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 164 | 0.00 | 0 | ∞ |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 907 | 0.00 | 1,981 | -54.22 |
| 64 | Footwear, gaiters and the like; parts of such articles | 164 | 0.00 | 0 | ∞ |
| 65 | Headgear and parts thereof | 49 | 0.00 | 0 | ∞ |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 236 | 0.00 | 22 | 972.73 |
| 69 | Ceramic products | 0 | 0.00 | 373 | -100.00 |
| 70 | Glass and glassware | 7,645 | 0.01 | 1,551 | 392.91 |
| 72 | Iron and steel | 22,310 | 0.03 | 174,812 | -87.24 |
| 73 | Articles of iron or steel | 559,030 | 0.83 | 3,818,694 | -85.36 |
| 74 | Copper and articles thereof | 2,057 | 0.00 | 1,849 | 11.25 |
| 76 | Aluminum and articles thereof | 6,198 | 0.01 | 266,031 | -97.67 |
| 78 | Lead and articles thereof | 1 | 0.00 | 6,048 | -99.98 |
| 81 | Other base metals; cermets; articles thereof | 0 | 0.00 | 43 | -100.00 |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 551,172 | 0.82 | 12,755,804 | -95.68 |
| 83 | Miscellaneous articles of base metal | 14,002 | 0.02 | 70,040 | -80.01 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 9,454,916 | 13.99 | 31,044,893 | -69.54 |
| 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 | 8,072,774 | 11.94 | 104,515,458 | -92.28 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 0 | 0.00 | 28,217,536 | -100.00 |
| 89 | Ships, boats and floating structures | 0 | 0.00 | 694,323 | -100.00 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 850,971 | 1.26 | 42,938,324 | -98.02 |
| 91 | Clocks and watches and parts thereof | 0 | 0.00 | 65,666 | -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 | 751,325 | 1.11 | 4,815,942 | -84.40 |
| 96 | Miscellaneous manufactured articles | 78 | 0.00 | 539 | -85.53 |
| 97 | Works of art, collectors’ pieces and antiques | 0 | 0.00 | 863,082 | -100.00 |
| SS | Classified | 16,109 | 0.02 | 66 125 405 | -99.98 |
Russia’s Imports from Venezuela
The major share of Russian imports from Venezuela in 2017 (and in 2016) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 88.87% of Russia’s total imports from Venezuela (52.66% in 2016);
- Machinery, equipment and vehicles (HS codes 84-90) - 5.67% of Russia’s total imports from Venezuela (0.73% in 2016);
- Metals and products from them (HS codes 72-83) - 3.44% of Russia’s total imports from Venezuela (7.49% in 2016);
- Wood and wood products (HS codes 44-49) - 1.90% of Russia’s total imports from Venezuela (0.12% in 2016);
- Chemical products (HS codes 28-40) - 0.12% of Russia’s total imports from Venezuela (38.40% in 2016).
The largest gains in Russia’s imports from Venezuela in 2017 over 2016 were recorded for the following product groups:
- Beverages, spirits and vinegar (HS code 22) - an increase of $163,065;
- Articles of iron or steel (HS code 73) - an increase of $25,425;
- 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 $21,528;
- Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $12,251;
- 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 (HS code 86) - an increase of $7,118.
The largest declines in Russia’s imports from Venezuela in 2017 over 2016 were recorded for the following product groups:
- Organic chemicals (HS code 29) - a decrease of $688,230;
- Cocoa and cocoa preparations (HS code 18) - a decrease of $413,854;
- Iron and steel (HS code 72) - a decrease of $134,356;
- Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $24,300;
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $9,803.
| HS code |
Name of product group | Value of imports in 2017, US dollars ($) |
Percent share in total import | Value of imports in 2016, US dollars ($) |
Percent change in 2017 over 2016 |
|---|---|---|---|---|---|
| 08 | Edible fruit and nuts; peel of citrus fruit or melons | 904 | 0.12 | 0 | ∞ |
| 12 | Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder | 0 | 0.00 | 24,300 | -100.00 |
| 18 | Cocoa and cocoa preparations | 85,935 | 11.38 | 499,789 | -82.81 |
| 22 | Beverages, spirits and vinegar | 584,084 | 77.37 | 421,019 | 38.73 |
| 29 | Organic chemicals | 177 | 0.02 | 688,407 | -99.97 |
| 39 | Plastics and articles thereof | 0 | 0.00 | 707 | -100.00 |
| 40 | Rubber and articles thereof | 742 | 0.10 | 0 | ∞ |
| 42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 0 | 0.00 | 18 | -100.00 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 14,366 | 1.90 | 2,115 | 579.24 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 0 | 0.00 | 9,803 | -100.00 |
| 72 | Iron and steel | 0 | 0.00 | 134,356 | -100.00 |
| 73 | Articles of iron or steel | 25,425 | 3.37 | 0 | ∞ |
| 74 | Copper and articles thereof | 535 | 0.07 | 0 | ∞ |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 807 | 0.11 | 0 | ∞ |
| 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 | 23,919 | 3.17 | 2,391 | 900.38 |
| 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 | 15,108 | 2.00 | 7,990 | 89.09 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 2,941 | 0.39 | 2,203 | 33.50 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 0 | 0.00 | 497 | -100.00 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 0 | 0.00 | 6 | -100.00 |
| SS | Classified | 0 | 0.00 | 1 000 | -100.00 |