Russian foreign trade
reports and reviews

Russian trade in goods with Ghana in Q3 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 third quarter of 2018: exports, imports, products, dynamics.

Russia’s Trade with Ghana

In the 3rd quarter of 2018, Russia’s trade with Ghana totaled $61,600,869, up 25.45% ($12,498,261) from the 3rd quarter of 2017.

Russia’s exports to Ghana in the 3rd quarter of 2018 totaled $40,057,738, up 34.37% ($10,245,131) from the 3rd quarter of 2017.

Russia’s imports from Ghana in the 3rd quarter of 2018 totaled $21,543,131, up 11.68% ($2,253,130) from the 3rd quarter of 2017.

Russia’s trade surplus with Ghana in the 3rd quarter of 2018 was $18,514,607, a 75.95% increase ($7,992,001) over the 3rd quarter of 2017.

Ghana was Russia’s 98th largest trading partner in the 3rd quarter of 2018 (up from 102nd in the 3rd quarter of 2017), accounting for 0.0358% of Russia’s total trade (up from 0.0336% in the 3rd quarter of 2017).

Ghana was Russia’s 96th largest export market in the 3rd quarter of 2018 (down from 95th in the 3rd quarter of 2017), accounting for 0.0357% of Russia’s total exports (up from 0.0349% in the 3rd quarter of 2017).

Ghana was Russia’s 87th largest supplier in the 3rd quarter of 2018 (just as in the 3rd quarter of 2017), accounting for 0.0360% of Russia’s total imports (up from 0.0317% in the 3rd quarter of 2017).

Russia’s Exports to Ghana

The major share of Russian exports to Ghana 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) - 47.00% of Russia’s total exports to Ghana (53.67% in the 3rd quarter of 2017);
  • Chemical products (HS codes 28-40) - 44.31% of Russia’s total exports to Ghana (24.34% in the 3rd quarter of 2017);
  • Wood and wood products (HS codes 44-49) - 5.93% of Russia’s total exports to Ghana (7.64% in the 3rd quarter of 2017);
  • Mineral products (HS codes 25-27) - 2.48% of Russia’s total exports to Ghana (13.88% in the 3rd quarter of 2017).

The largest gains in Russia’s exports to Ghana in the 3rd quarter of 2018 over the 3rd quarter of 2017 were recorded for the following product groups:

  • Fertilizers (HS code 31) - an increase of $10,457,560;
  • Cereals (HS code 10) - an increase of $2,825,828.

The largest declines in Russia’s exports to Ghana in the 3rd quarter of 2018 over the 3rd 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 $3,144,288.
Russia’s exports to Ghana in the 3rd quarter of 2018 by product groups
HS
code
Name of product group Value of exports
in Q3 2018,
US dollars ($)
Percent share in total export Value of exports
in Q3 2017,
US dollars ($)
Percent change
in Q3 2018
over Q3 2017
02 Meat and edible meat offal 198,947 0.50 131,63451.14
10 Cereals 18,607,545 46.45 15,781,71717.91
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0 0.00 87,570-100.00
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 19,769 0.05 0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 992,293 2.48 4,136,581-76.01
29 Organic chemicals 48,400 0.12 0
31 Fertilizers 17,693,529 44.17 7,235,969144.52
38 Miscellaneous chemical products 3,654 0.01 0
39 Plastics and articles thereof 4,342 0.01 20,583-78.90
40 Rubber and articles thereof 0 0.00 527-100.00
44 Wood and articles of wood; wood charcoal 28,658 0.07 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2,345,980 5.86 2,276,7243.04
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1,686 0.00 696142.24
70 Glass and glassware 324 0.00 0
73 Articles of iron or steel 1,946 0.00 4,276-54.49
83 Miscellaneous articles of base metal 335 0.00 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 53,571 0.13 31,70668.96
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 4,097 0.01 40,200-89.81
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 2,732 0.01 49,202-94.45
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0 0.00 4,032-100.00
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 49,064 0.12 0
95 Toys, games and sports requisites; parts and accessories thereof 866 0.00 11,190-92.26

Russia’s Imports from Ghana

The major share of Russian imports from Ghana 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) - 99.38% of Russia’s total imports from Ghana (99.48% in the 3rd quarter of 2017).

The largest gains in Russia’s imports from Ghana in the 3rd quarter of 2018 over the 3rd quarter of 2017 were recorded for the following product groups:

  • Cocoa and cocoa preparations (HS code 18) - an increase of $2,250,570.

The largest declines in Russia’s imports from Ghana in the 3rd quarter of 2018 over the 3rd quarter of 2017 were recorded for the following product groups:

  • No product groups with a substantial decrease.
Russia’s imports from Ghana in the 3rd quarter of 2018 by product groups
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
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 2,050 0.01 559266.73
08 Edible fruit and nuts; peel of citrus fruit or melons 35,793 0.17 64,894-44.84
09 Coffee, tea, maté and spices 0 0.00 910-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0 0.00 1,589-100.00
18 Cocoa and cocoa preparations 21,372,146 99.21 19,121,57611.77
20 Preparations of vegetables, fruit, nuts or other parts of plants 0 0.00 524-100.00
40 Rubber and articles thereof 227 0.00 0
44 Wood and articles of wood; wood charcoal 126,587 0.59 68,76084.10
73 Articles of iron or steel 173 0.00 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 4,752 0.02 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 1,403 0.01 31,189-95.50
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Russian foreign trade statistics
Source: Federal Customs Service of Russia