Countries with fastest growing economies 2022
Russian foreign trade
reports and reviews

Russian trade in goods with Ghana in Q2 2018

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 second quarter of 2018: exports, imports, products, dynamics.

Russia’s Trade with Ghana

In the 2nd quarter of 2018, Russia’s trade with Ghana was $39,705,083, down 7.63% ($3,277,727) from the 2nd quarter of 2017.

Russia’s exports to Ghana in the 2nd quarter of 2018 were $19,970,757, down 19.67% ($4,890,572) from the 2nd quarter of 2017.

Russia’s imports from Ghana in the 2nd quarter of 2018 totaled $19,734,326, up 8.90% ($1,612,845) from the 2nd quarter of 2017.

Russia’s trade surplus with Ghana in the 2nd quarter of 2018 was $236,431, a 96.49% decrease ($6,503,417) over the 2nd quarter of 2017.

Ghana was Russia’s 107th largest trading partner in the 2nd quarter of 2018 (down from 103rd in the 2nd quarter of 2017), accounting for 0.0232% of Russia’s total trade (down from 0.0308% in the 2nd quarter of 2017).

Ghana was Russia’s 106th largest export market in the 2nd quarter of 2018 (down from 98th in the 2nd quarter of 2017), accounting for 0.0181% of Russia’s total exports (down from 0.0296% in the 2nd quarter of 2017).

Ghana was Russia’s 86th largest supplier in the 2nd quarter of 2018 (up from 87th in the 2nd quarter of 2017), accounting for 0.0325% of Russia’s total imports (just as in the 2nd quarter of 2017).

Russia’s Exports to Ghana

The major share of Russian exports to Ghana in the 2nd quarter of 2018 (and in the 2nd quarter of 2017) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 55.16% of Russia’s total exports to Ghana (21.62% in the 2nd quarter of 2017);
  • Chemical products (HS codes 28-40) - 24.08% of Russia’s total exports to Ghana (5.68% in the 2nd quarter of 2017);
  • Wood and wood products (HS codes 44-49) - 12.03% of Russia’s total exports to Ghana (4.55% in the 2nd quarter of 2017);
  • Mineral products (HS codes 25-27) - 5.07% of Russia’s total exports to Ghana (67.64% in the 2nd quarter of 2017);
  • Machinery, equipment and vehicles (HS codes 84-90) - 3.38% of Russia’s total exports to Ghana (0.47% in the 2nd quarter of 2017).

The largest gains in Russia’s exports to Ghana in the 2nd quarter of 2018 over the 2nd quarter of 2017 were recorded for the following product groups:

  • Cereals (HS code 10) - an increase of $5,506,088;
  • Fertilizers (HS code 31) - an increase of $3,423,495;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $1,250,413;
  • 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 $362,863;
  • Meat and edible meat offal (HS code 02) - an increase of $134,134;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $112,651;
  • 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 $94,194;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $94,181.

The largest declines in Russia’s exports to Ghana in the 2nd quarter of 2018 over the 2nd quarter of 2017 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 $15,803,557;
  • Pharmaceutical products (HS code 30) - a decrease of $199,760.
Russia’s exports to Ghana in the 2nd quarter of 2018 by product groups
HS
code
Name of product group Value of exports
in Q2 2018,
US dollars ($)
Percent share in total export Value of exports
in Q2 2017,
US dollars ($)
Percent change
in Q2 2018
over Q2 2017
02 Meat and edible meat offal 227,999 1.14 93,865142.90
10 Cereals 10,788,298 54.02 5,282,210104.24
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 1,013,378 5.07 16,816,935-93.97
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 282,137 1.41 187,94350.12
29 Organic chemicals 56,364 0.28 0
30 Pharmaceutical products 0 0.00 199,760-100.00
31 Fertilizers 4,426,820 22.17 1,003,325341.21
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 1,800 0.01 0
38 Miscellaneous chemical products 1,680 0.01 6,444-73.93
39 Plastics and articles thereof 40,572 0.20 2,5901,466.49
40 Rubber and articles thereof 0 0.00 12,092-100.00
44 Wood and articles of wood; wood charcoal 20,805 0.10 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2,381,612 11.93 1,131,199110.54
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1,454 0.01 3,197-54.52
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 1,684 0.01 0
73 Articles of iron or steel 9,260 0.05 4,77593.93
74 Copper and articles thereof 0 0.00 167-100.00
76 Aluminum and articles thereof 1,140 0.01 0
83 Miscellaneous articles of base metal 1,208 0.01 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 192,917 0.97 98,73695.39
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 366,008 1.83 3,14511,537.77
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 114,578 0.57 1,9275,845.93
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,220 0.01 12,998-90.61
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 39,823 0.20 0
96 Miscellaneous manufactured articles 0 0.00 21-100.00

Russia’s Imports from Ghana

The major share of Russian imports from Ghana in the 2nd quarter of 2018 (and in the 2nd quarter of 2017) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 99.51% of Russia’s total imports from Ghana (98.95% in the 2nd quarter of 2017);
  • Wood and wood products (HS codes 44-49) - 0.44% of Russia’s total imports from Ghana (1.05% in the 2nd quarter of 2017).

The largest gains in Russia’s imports from Ghana in the 2nd quarter of 2018 over the 2nd quarter of 2017 were recorded for the following product groups:

  • Cocoa and cocoa preparations (HS code 18) - an increase of $1,631,355.

The largest declines in Russia’s imports from Ghana in the 2nd quarter of 2018 over the 2nd quarter of 2017 were recorded for the following product groups:

  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $104,936.
Russia’s imports from Ghana in the 2nd quarter of 2018 by product groups
HS
code
Name of product group Value of imports in Q2 2018,
US dollars ($)
Percent share in total import Value of imports in Q2 2017,
US dollars ($)
Percent change
in Q2 2018
over Q2 2017
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 225 0.00 2,241-89.96
07 Edible vegetables and certain roots and tubers 957 0.00 0
08 Edible fruit and nuts; peel of citrus fruit or melons 63,872 0.32 41,68453.23
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 54,374 0.28 0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0 0.00 1,471-100.00
18 Cocoa and cocoa preparations 19,517,056 98.90 17,885,7019.12
20 Preparations of vegetables, fruit, nuts or other parts of plants 1,256 0.01 588113.61
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 260 0.00 0
44 Wood and articles of wood; wood charcoal 84,449 0.43 189,385-55.41
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 2,767 0.01 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,315 0.01 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 7,795 0.04 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0 0.00 411-100.00
Russian foreign trade statistics
Source: Federal Customs Service of Russia