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Russian trade in goods with South Korea 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 South Korea in the second quarter of 2018: exports, imports, products, dynamics.

Russia’s Trade with South Korea

In the 2nd quarter of 2018, Russia’s trade with South Korea totaled $6,369,224,830, up 17.05% ($927,650,013) from the 2nd quarter of 2017.

Russia’s exports to South Korea in the 2nd quarter of 2018 totaled $4,598,261,715, up 41.75% ($1,354,437,911) from the 2nd quarter of 2017.

Russia’s imports from South Korea in the 2nd quarter of 2018 were $1,770,963,115, down 19.42% ($426,787,898) from the 2nd quarter of 2017.

Russia’s trade surplus with South Korea in the 2nd quarter of 2018 was $2,827,298,600, a 170.28% increase ($1,781,225,809) over the 2nd quarter of 2017.

South Korea was Russia’s 7th largest trading partner in the 2nd quarter of 2018 (just as in the 2nd quarter of 2017), accounting for 3.7266% of Russia’s total trade (down from 3.8936% in the 2nd quarter of 2017).

South Korea was Russia’s 6th largest export market in the 2nd quarter of 2018 (up from 7th in the 2nd quarter of 2017), accounting for 4.1725% of Russia’s total exports (up from 3.8630% in the 2nd quarter of 2017).

South Korea was Russia’s 8th largest supplier in the 2nd quarter of 2018 (down from 7th in the 2nd quarter of 2017), accounting for 2.9172% of Russia’s total imports (down from 3.9397% in the 2nd quarter of 2017).

Russia’s Exports to South Korea

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

  • Mineral products (HS codes 25-27) - 81.71% of Russia’s total exports to South Korea (75.33% in the 2nd quarter of 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 10.44% of Russia’s total exports to South Korea (11.90% in the 2nd quarter of 2017);
  • Metals and products from them (HS codes 72-83) - 4.52% of Russia’s total exports to South Korea (6.28% in the 2nd quarter of 2017);
  • Wood and wood products (HS codes 44-49) - 1.39% of Russia’s total exports to South Korea (1.68% in the 2nd quarter of 2017);
  • Precious metals and stones (HS code 71) - 0.99% of Russia’s total exports to South Korea (1.39% in the 2nd quarter of 2017);
  • Chemical products (HS codes 28-40) - 0.61% of Russia’s total exports to South Korea (2.53% in the 2nd quarter of 2017).

The largest gains in Russia’s exports to South Korea 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) - an increase of $1,313,330,402;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $51,066,535;
  • Cereals (HS code 10) - an increase of $46,768,847;
  • Iron and steel (HS code 72) - an increase of $18,743,012.

The largest declines in Russia’s exports to South Korea in the 2nd quarter of 2018 over the 2nd quarter of 2017 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) - a decrease of $57,592,043.
Russia’s exports to South Korea in the 2nd quarter of 2018 by product groups
HS
code
Name of product group Value of exports
in Q2 2018,
US dollars ($)
Percent share in total export Value of exports
in Q2 2017,
US dollars ($)
Percent change
in Q2 2018
over Q2 2017
01 Live animals 200 0.00 0
02 Meat and edible meat offal 24,131 0.00 497,681-95.15
03 Fish and crustaceans, molluscs and other aquatic invertebrates 382,932,424 8.33 331,865,88915.39
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 899 0.00 0
05 Products of animal origin, not elsewhere specified or included 982,506 0.02 2,755,368-64.34
07 Edible vegetables and certain roots and tubers 3,600 0.00 311,406-98.84
08 Edible fruit and nuts; peel of citrus fruit or melons 40,496 0.00 0
09 Coffee, tea, maté and spices 137 0.00 0
10 Cereals 84,492,331 1.84 37,723,484123.98
11 Products of the milling industry; malt; starches; inulin; wheat gluten 22,100 0.00 4,664373.84
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 438,381 0.01 40,593979.94
13 Lac; gums, resins and other vegetable saps and extracts 111,936 0.00 165,368-32.31
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 60,067 0.00 23,886151.47
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 40,549 0.00 0
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 34,467 0.00 158,689-78.28
18 Cocoa and cocoa preparations 172,051 0.00 132,00330.34
19 Preparations of cereals, flour, starch or milk; bakers’ wares 15,629 0.00 8,54083.01
20 Preparations of vegetables, fruit, nuts or other parts of plants 37,777 0.00 2,5421,386.11
21 Miscellaneous edible preparations 383,700 0.01 159,222140.98
22 Beverages, spirits and vinegar 273,204 0.01 264,8593.15
23 Residues and waste from the food industries; prepared animal feed 9,078,208 0.20 8,117,73311.83
24 Tobacco and manufactured tobacco substitutes 697,968 0.02 3,744,532-81.36
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 9,576 0.00 17,946-46.64
26 Ores, slag and ash 10,893,761 0.24 10,411,2264.63
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 3,746,326,566 81.47 2,432,996,16453.98
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 5,346,170 0.12 62,938,213-91.51
29 Organic chemicals 5,210,593 0.11 2,465,294111.36
30 Pharmaceutical products 4,498,069 0.10 3,315,93735.65
31 Fertilizers 1,306,325 0.03 0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 2,110,184 0.05 2,284,762-7.64
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 16,234 0.00 22,500-27.85
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 143,648 0.00 7,9241,712.82
35 Albuminoidal substances; modified starches; glues; enzymes 337 0.00 1,503-77.58
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 8,247 0.00 0
38 Miscellaneous chemical products 249,381 0.01 448,879-44.44
39 Plastics and articles thereof 5,758,279 0.13 4,100,81440.42
40 Rubber and articles thereof 3,273,090 0.07 6,422,736-49.04
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 168 0.00 70140.00
43 Furskins and artificial fur; manufactures thereof 9,536 0.00 50,322-81.05
44 Wood and articles of wood; wood charcoal 31,698,101 0.69 35,477,846-10.65
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 27,940,111 0.61 16,322,32371.18
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2,948,565 0.06 1,671,31776.42
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,178,528 0.03 1,183,870-0.45
52 Cotton 0 0.00 285-100.00
54 Man-made filaments 452,870 0.01 438,0543.38
55 Man-made staple fibers 0 0.00 66-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 1,301,223 0.03 676,19792.43
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 12,220 0.00 5820,968.97
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 30,275 0.00 5225,699.81
61 Articles of apparel and clothing accessories, knitted or crocheted 11,855 0.00 18,093-34.48
62 Articles of apparel and clothing accessories, not knitted or crocheted 7,346 0.00 6501,030.15
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2,880 0.00 13,634-78.88
64 Footwear, gaiters and the like; parts of such articles 60,301 0.00 94,224-36.00
65 Headgear and parts thereof 4,871 0.00 0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 20,240 0.00 51,486-60.69
69 Ceramic products 313,822 0.01 348,985-10.08
70 Glass and glassware 108,072 0.00 346,149-68.78
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 45,661,914 0.99 44,975,0281.53
72 Iron and steel 98,270,979 2.14 79,527,96723.57
73 Articles of iron or steel 3,272,577 0.07 1,403,946133.10
74 Copper and articles thereof 45,452 0.00 114,315-60.24
75 Nickel and articles thereof 8,890 0.00 414,375-97.85
76 Aluminum and articles thereof 103,945,872 2.26 117,077,758-11.22
78 Lead and articles thereof 78 0.00 0
80 Tin and articles thereof 54,342 0.00 36,08550.59
81 Other base metals; cermets; articles thereof 2,133,027 0.05 5,156,955-58.64
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 82,280 0.00 23,819245.44
83 Miscellaneous articles of base metal 1,163 0.00 15,412-92.45
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 4,186,792 0.09 4,668,607-10.32
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 5,106,117 0.11 3,575,69942.80
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 443,399 0.01 18,7902,259.76
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 137,581 0.00 1,977,400-93.04
89 Ships, boats and floating structures 597,501 0.01 10,912,304-94.52
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,391,477 0.03 4,085,938-65.94
91 Clocks and watches and parts thereof 10,612 0.00 0
92 Musical instruments; parts and accessories of such articles 1,947 0.00 0
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 158,259 0.00 66,502137.98
95 Toys, games and sports requisites; parts and accessories thereof 637,040 0.01 164,864286.40
96 Miscellaneous manufactured articles 613 0.00 106,030.00
SS Classified 1,019,598 0.02 1 503 522-32.19

Russia’s Imports from South Korea

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 62.83% of Russia’s total imports from South Korea (72.65% in the 2nd quarter of 2017);
  • Chemical products (HS codes 28-40) - 18.46% of Russia’s total imports from South Korea (12.07% in the 2nd quarter of 2017);
  • Metals and products from them (HS codes 72-83) - 8.31% of Russia’s total imports from South Korea (7.59% in the 2nd quarter of 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 2.45% of Russia’s total imports from South Korea (1.69% in the 2nd quarter of 2017);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.03% of Russia’s total imports from South Korea (1.46% in the 2nd quarter of 2017);
  • Wood and wood products (HS codes 44-49) - 1.06% of Russia’s total imports from South Korea (0.71% in the 2nd quarter of 2017).

The largest gains in Russia’s imports from South Korea in the 2nd quarter of 2018 over the 2nd quarter of 2017 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 $107,108,952;
  • Organic chemicals (HS code 29) - an increase of $35,608,240;
  • Plastics and articles thereof (HS code 39) - an increase of $18,789,317;
  • Iron and steel (HS code 72) - an increase of $16,127,322;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $13,853,953.

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

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $351,557,169;
  • Ships, boats and floating structures (HS code 89) - a decrease of $148,836,488;
  • 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 $92,778,265;
  • Articles of iron or steel (HS code 73) - a decrease of $26,062,387;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $10,694,756;
  • Rubber and articles thereof (HS code 40) - a decrease of $10,261,341.
Russia’s imports from South Korea in the 2nd quarter of 2018 by product groups
HS
code
Name of product group Value of imports in Q2 2018,
US dollars ($)
Percent share in total import Value of imports in Q2 2017,
US dollars ($)
Percent change
in Q2 2018
over Q2 2017
03 Fish and crustaceans, molluscs and other aquatic invertebrates 3,455,301 0.20 1,884,79783.32
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 0 0.00 1,709-100.00
05 Products of animal origin, not elsewhere specified or included 15 0.00 0
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 1,803 0.00 0
07 Edible vegetables and certain roots and tubers 9,022 0.00 13,809-34.67
08 Edible fruit and nuts; peel of citrus fruit or melons 61,991 0.00 83,667-25.91
09 Coffee, tea, maté and spices 13,485 0.00 3,263313.27
10 Cereals 26,276 0.00 29,088-9.67
11 Products of the milling industry; malt; starches; inulin; wheat gluten 12,463 0.00 2,684364.34
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 1,814,070 0.10 563,822221.75
13 Lac; gums, resins and other vegetable saps and extracts 31,271 0.00 8,060287.98
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 2,362 0.00 0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 308,700 0.02 516,844-40.27
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 22,166 0.00 0
17 Sugars and sugar confectionery 347,660 0.02 421,420-17.50
18 Cocoa and cocoa preparations 250,646 0.01 268,532-6.66
19 Preparations of cereals, flour, starch or milk; bakers’ wares 4,163,446 0.24 3,706,30912.33
20 Preparations of vegetables, fruit, nuts or other parts of plants 1,138,558 0.06 1,014,86912.19
21 Miscellaneous edible preparations 15,226,552 0.86 13,070,82616.49
22 Beverages, spirits and vinegar 9,543,224 0.54 7,076,43934.86
23 Residues and waste from the food industries; prepared animal feed 178,874 0.01 149,50019.65
24 Tobacco and manufactured tobacco substitutes 6,723,806 0.38 8,234,646-18.35
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 189,221 0.01 53,264255.25
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 14,486,817 0.82 12,696,18514.10
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 10,219,502 0.58 13,087,427-21.91
29 Organic chemicals 59,658,702 3.37 24,050,462148.06
30 Pharmaceutical products 6,348,086 0.36 5,371,38018.18
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 7,264,645 0.41 6,643,5069.35
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 30,957,830 1.75 17,103,87781.00
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 8,988,921 0.51 7,093,11026.73
35 Albuminoidal substances; modified starches; glues; enzymes 2,371,580 0.13 1,568,15451.23
37 Photographic or cinematographic goods 203,996 0.01 319,629-36.18
38 Miscellaneous chemical products 9,762,965 0.55 7,482,18730.48
39 Plastics and articles thereof 141,668,509 8.00 122,879,19215.29
40 Rubber and articles thereof 49,442,412 2.79 59,703,753-17.19
41 Raw hides and skins (other than furskins) and leather 708,254 0.04 1,132,567-37.46
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 2,415,733 0.14 1,425,52469.46
43 Furskins and artificial fur; manufactures thereof 22,609 0.00 29,893-24.37
44 Wood and articles of wood; wood charcoal 93,777 0.01 42,802119.09
45 Cork and articles of cork 4,789 0.00 905429.17
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 0 0.00 32,769-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 17,737,308 1.00 14,207,84024.84
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 851,575 0.05 1,417,119-39.91
52 Cotton 452,674 0.03 526,639-14.04
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 32,073 0.00 12,081165.48
54 Man-made filaments 3,838,157 0.22 3,748,3962.39
55 Man-made staple fibers 10,378,497 0.59 8,192,18826.69
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 7,271,018 0.41 4,964,96546.45
57 Carpets and other textile floor coverings 24,302 0.00 19,75623.01
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 307,866 0.02 249,36423.46
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 6,894,794 0.39 6,394,9047.82
60 Knitted or crocheted fabrics 1,945,511 0.11 2,176,063-10.59
61 Articles of apparel and clothing accessories, knitted or crocheted 528,034 0.03 1,680,222-68.57
62 Articles of apparel and clothing accessories, not knitted or crocheted 376,221 0.02 490,814-23.35
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 3,605,745 0.20 3,468,3453.96
64 Footwear, gaiters and the like; parts of such articles 186,022 0.01 91,973102.26
65 Headgear and parts thereof 34,259 0.00 34,681-1.22
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 1,221 0.00 71770.29
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 66,103 0.00 123,565-46.50
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 3,456,470 0.20 4,030,895-14.25
69 Ceramic products 338,324 0.02 512,467-33.98
70 Glass and glassware 8,467,979 0.48 9,810,361-13.68
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 464,152 0.03 221,412109.63
72 Iron and steel 74,652,372 4.22 58,525,05027.56
73 Articles of iron or steel 34,034,154 1.92 60,096,541-43.37
74 Copper and articles thereof 732,812 0.04 1,027,984-28.71
75 Nickel and articles thereof 0 0.00 3,276-100.00
76 Aluminum and articles thereof 3,234,153 0.18 2,429,62233.11
79 Zinc and articles thereof 1,101,279 0.06 936,97917.54
80 Tin and articles thereof 1,046 0.00 15,016-93.03
81 Other base metals; cermets; articles thereof 630,776 0.04 195,468222.70
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 16,242,321 0.92 26,937,077-39.70
83 Miscellaneous articles of base metal 16,576,166 0.94 16,571,7210.03
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 272,658,404 15.40 624,215,573-56.32
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 195,751,499 11.05 288,529,764-32.16
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 91,009 0.01 268,011-66.04
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 590,606,232 33.35 483,497,28022.15
89 Ships, boats and floating structures 1,816,807 0.10 150,653,295-98.79
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 51,846,466 2.93 49,472,1174.80
91 Clocks and watches and parts thereof 159,013 0.01 700,289-77.29
92 Musical instruments; parts and accessories of such articles 154,912 0.01 291,500-46.86
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 45,521,556 2.57 43,522,3184.59
95 Toys, games and sports requisites; parts and accessories thereof 1,536,658 0.09 650,988136.05
96 Miscellaneous manufactured articles 6,485,394 0.37 4,364,02148.61
SS Classified 1,731,742 0.10 4 705 486-63.20
Russian foreign trade statistics
Source: Federal Customs Service of Russia