Russian trade in goods with Bangladesh in Q3 2018
November 17, 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 Bangladesh in the third quarter of 2018: exports, imports, products, dynamics.
Russia’s Trade with Bangladesh
In the 3rd quarter of 2018, Russia’s trade with Bangladesh was $390,441,459, down 18.49% ($88,565,745) from the 3rd quarter of 2017.
Russia’s exports to Bangladesh in the 3rd quarter of 2018 were $166,632,960, down 32.39% ($79,829,564) from the 3rd quarter of 2017.
Russia’s imports from Bangladesh in the 3rd quarter of 2018 were $223,808,499, down 3.76% ($8,736,181) from the 3rd quarter of 2017.
Russia’s trade balance with Bangladesh went from a surplus of $13,917,844 in the 3rd quarter of 2017, to a deficit of $57,175,539 in the 3rd quarter of 2018.
Bangladesh was Russia’s 51st largest trading partner in the 3rd quarter of 2018 (down from 47th in the 3rd quarter of 2017), accounting for 0.2269% of Russia’s total trade (down from 0.3277% in the 3rd quarter of 2017).
Bangladesh was Russia’s 68th largest export market in the 3rd quarter of 2018 (down from 51st in the 3rd quarter of 2017), accounting for 0.1485% of Russia’s total exports (down from 0.2887% in the 3rd quarter of 2017).
Bangladesh was Russia’s 43rd largest supplier in the 3rd quarter of 2018 (down from 39th in the 3rd quarter of 2017), accounting for 0.3738% of Russia’s total imports (down from 0.3823% in the 3rd quarter of 2017).
Russia’s Exports to Bangladesh
The major share of Russian exports to Bangladesh in the 3rd quarter of 2018 (and in the 3rd quarter of 2017) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 70.95% of Russia’s total exports to Bangladesh (43.36% in the 3rd quarter of 2017);
- Metals and products from them (HS codes 72-83) - 16.10% of Russia’s total exports to Bangladesh (0.21% in the 3rd quarter of 2017);
- Mineral products (HS codes 25-27) - 5.95% of Russia’s total exports to Bangladesh (1.04% in the 3rd quarter of 2017);
- Machinery, equipment and vehicles (HS codes 84-90) - 3.75% of Russia’s total exports to Bangladesh (30.60% in the 3rd quarter of 2017);
- Wood and wood products (HS codes 44-49) - 1.73% of Russia’s total exports to Bangladesh (0.01% in the 3rd quarter of 2017);
- Chemical products (HS codes 28-40) - 1.27% of Russia’s total exports to Bangladesh (15.52% in the 3rd quarter of 2017).
The largest gains in Russia’s exports to Bangladesh in the 3rd quarter of 2018 over the 3rd quarter of 2017 were recorded for the following product groups:
- Iron and steel (HS code 72) - an increase of $24,646,475;
- Cereals (HS code 10) - an increase of $23,181,605;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $7,710,679;
- Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $1,828,500;
- Articles of iron or steel (HS code 73) - an increase of $1,636,736;
- Miscellaneous chemical products (HS code 38) - an increase of $1,143,805;
- 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 $730,366;
- Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $537,942.
The largest declines in Russia’s exports to Bangladesh in the 3rd quarter of 2018 over the 3rd 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) - a decrease of $50,633,159;
- Fertilizers (HS code 31) - a decrease of $38,183,239;
- 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 $12,954,445;
- Edible vegetables and certain roots and tubers (HS code 07) - a decrease of $10,658,839;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $4,986,225;
- Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $1,238,225;
- Raw hides and skins (other than furskins) and leather (HS code 41) - a decrease of $552,803;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $544,922.
| HS code |
Name of product group | Value of exports in Q3 2018, US dollars ($) |
Percent share in total export | Value of exports in Q3 2017, US dollars ($) |
Percent change in Q3 2018 over Q3 2017 |
|---|---|---|---|---|---|
| 07 | Edible vegetables and certain roots and tubers | 3,061,642 | 1.84 | 13,720,481 | -77.69 |
| 09 | Coffee, tea, maté and spices | 45,540 | 0.03 | 17,451 | 160.96 |
| 10 | Cereals | 113,161,492 | 67.91 | 89,979,887 | 25.76 |
| 12 | Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder | 1,865,673 | 1.12 | 3,103,898 | -39.89 |
| 20 | Preparations of vegetables, fruit, nuts or other parts of plants | 3,665 | 0.00 | 0 | ∞ |
| 21 | Miscellaneous edible preparations | 0 | 0.00 | 536 | -100.00 |
| 22 | Beverages, spirits and vinegar | 84,699 | 0.05 | 41,509 | 104.05 |
| 25 | Salt; sulfur; earths and stone; plastering materials, lime and cement | 631,653 | 0.38 | 1,007,048 | -37.28 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 9,278,755 | 5.57 | 1,568,076 | 491.73 |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 767,952 | 0.46 | 37,586 | 1,943.19 |
| 30 | Pharmaceutical products | 0 | 0.00 | 10,512 | -100.00 |
| 31 | Fertilizers | 0 | 0.00 | 38,183,239 | -100.00 |
| 32 | Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics | 3,016 | 0.00 | 0 | ∞ |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 0 | 0.00 | 9,415 | -100.00 |
| 35 | Albuminoidal substances; modified starches; glues; enzymes | 544 | 0.00 | 0 | ∞ |
| 38 | Miscellaneous chemical products | 1,143,805 | 0.69 | 0 | ∞ |
| 39 | Plastics and articles thereof | 142,232 | 0.09 | 14,185 | 902.69 |
| 40 | Rubber and articles thereof | 59,905 | 0.04 | 743 | 7,962.58 |
| 41 | Raw hides and skins (other than furskins) and leather | 260,617 | 0.16 | 813,420 | -67.96 |
| 42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 412 | 0.00 | 0 | ∞ |
| 44 | Wood and articles of wood; wood charcoal | 39,417 | 0.02 | 0 | ∞ |
| 47 | Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard | 437,317 | 0.26 | 0 | ∞ |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 572,529 | 0.34 | 34,587 | 1,555.33 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 1,828,500 | 1.10 | 0 | ∞ |
| 56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 9,003 | 0.01 | 0 | ∞ |
| 59 | Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use | 0 | 0.00 | 1,046 | -100.00 |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 1,965 | 0.00 | 0 | ∞ |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 6,650 | 0.00 | 0 | ∞ |
| 64 | Footwear, gaiters and the like; parts of such articles | 1,079 | 0.00 | 0 | ∞ |
| 65 | Headgear and parts thereof | 479 | 0.00 | 0 | ∞ |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 148,373 | 0.09 | 49,559 | 199.39 |
| 72 | Iron and steel | 25,076,872 | 15.05 | 430,397 | 5,726.45 |
| 73 | Articles of iron or steel | 1,714,987 | 1.03 | 78,251 | 2,091.65 |
| 74 | Copper and articles thereof | 2,508 | 0.00 | 1,143 | 119.42 |
| 76 | Aluminum and articles thereof | 4,144 | 0.00 | 0 | ∞ |
| 81 | Other base metals; cermets; articles thereof | 2,124 | 0.00 | 0 | ∞ |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 3,817 | 0.00 | 0 | ∞ |
| 83 | Miscellaneous articles of base metal | 23,294 | 0.01 | 0 | ∞ |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 381,621 | 0.23 | 926,543 | -58.81 |
| 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 | 5,529,503 | 3.32 | 18,483,948 | -70.08 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 291 | 0.00 | 50,633,450 | -100.00 |
| 89 | Ships, boats and floating structures | 0 | 0.00 | 53,606 | -100.00 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 335,043 | 0.20 | 5,321,268 | -93.70 |
| 91 | Clocks and watches and parts thereof | 1,700 | 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 | 36 | 0.00 | 32,160 | -99.89 |
| 96 | Miscellaneous manufactured articles | 48 | 0.00 | 0 | ∞ |
| SS | Classified | 58 | 0.00 | 21 908 580 | -100.00 |
Russia’s Imports from Bangladesh
The major share of Russian imports from Bangladesh in the 3rd quarter of 2018 (and in the 3rd quarter of 2017) was accounted for the following product types:
- Textiles, textile products and footwear (HS codes 50-67) - 96.87% of Russia’s total imports from Bangladesh (94.82% in the 3rd quarter of 2017);
- Food products and agricultural raw materials (HS codes 01-24) - 2.33% of Russia’s total imports from Bangladesh (4.30% in the 3rd quarter of 2017).
The largest gains in Russia’s imports from Bangladesh in the 3rd quarter of 2018 over the 3rd quarter of 2017 were recorded for the following product groups:
- Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $1,413,194.
The largest declines in Russia’s imports from Bangladesh in the 3rd quarter of 2018 over the 3rd quarter of 2017 were recorded for the following product groups:
- Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $3,984,661;
- Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $2,932,940;
- Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $2,735,067.
| HS code |
Name of product group | Value of imports in Q3 2018, US dollars ($) |
Percent share in total import | Value of imports in Q3 2017, US dollars ($) |
Percent change in Q3 2018 over Q3 2017 |
|---|---|---|---|---|---|
| 03 | Fish and crustaceans, molluscs and other aquatic invertebrates | 3,202,752 | 1.43 | 7,187,413 | -55.44 |
| 15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 4,800 | 0.00 | 30,480 | -84.25 |
| 16 | Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates | 0 | 0.00 | 546,723 | -100.00 |
| 24 | Tobacco and manufactured tobacco substitutes | 2,014,702 | 0.90 | 2,246,025 | -10.30 |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 2,506 | 0.00 | 0 | ∞ |
| 39 | Plastics and articles thereof | 11,197 | 0.01 | 15,023 | -25.47 |
| 40 | Rubber and articles thereof | 0 | 0.00 | 964 | -100.00 |
| 41 | Raw hides and skins (other than furskins) and leather | 0 | 0.00 | 3,495 | -100.00 |
| 42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 838,759 | 0.37 | 1,367,831 | -38.68 |
| 44 | Wood and articles of wood; wood charcoal | 0 | 0.00 | 362 | -100.00 |
| 46 | Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork | 65,638 | 0.03 | 46,634 | 40.75 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 0 | 0.00 | 610 | -100.00 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 0 | 0.00 | 43 | -100.00 |
| 52 | Cotton | 4,448 | 0.00 | 10,686 | -58.38 |
| 53 | Other vegetable textile fibers; paper yarn and woven fabric of paper yarn | 4,660,901 | 2.08 | 4,527,711 | 2.94 |
| 56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 800,084 | 0.36 | 744,679 | 7.44 |
| 57 | Carpets and other textile floor coverings | 63,602 | 0.03 | 143,173 | -55.58 |
| 58 | Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery | 0 | 0.00 | 10,243 | -100.00 |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 106,811,067 | 47.72 | 105,397,873 | 1.34 |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 93,592,511 | 41.82 | 96,525,451 | -3.04 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 2,494,572 | 1.11 | 1,973,479 | 26.40 |
| 64 | Footwear, gaiters and the like; parts of such articles | 8,063,800 | 3.60 | 10,798,867 | -25.33 |
| 65 | Headgear and parts thereof | 304,912 | 0.14 | 360,928 | -15.52 |
| 66 | Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof | 0 | 0.00 | 110 | -100.00 |
| 67 | Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair | 0 | 0.00 | 5 | -100.00 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 18 | 0.00 | 0 | ∞ |
| 69 | Ceramic products | 80,924 | 0.04 | 95,862 | -15.58 |
| 73 | Articles of iron or steel | 81 | 0.00 | 0 | ∞ |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 3,560 | 0.00 | 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 | 561,775 | 0.25 | 456,680 | 23.01 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 3,558 | 0.00 | 0 | ∞ |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 28,222 | 0.01 | 29,004 | -2.70 |
| 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 | 92,377 | 0.04 | 5,388 | 1,614.50 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 100,985 | 0.05 | 17,362 | 481.64 |
| 96 | Miscellaneous manufactured articles | 748 | 0.00 | 1,576 | -52.54 |