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

Russia’s Trade with South Korea

In the 3rd quarter of 2018, Russia’s trade with South Korea totaled $7,106,546,053, up 35.14% ($1,847,830,737) from the 3rd quarter of 2017.

Russia’s exports to South Korea in the 3rd quarter of 2018 totaled $5,190,081,255, up 55.16% ($1,845,150,123) from the 3rd quarter of 2017.

Russia’s imports from South Korea in the 3rd quarter of 2018 totaled $1,916,464,798, up 0.14% ($2,680,614) from the 3rd quarter of 2017.

Russia’s trade surplus with South Korea in the 3rd quarter of 2018 was $3,273,616,457, a 128.74% increase ($1,842,469,509) over the 3rd quarter of 2017.

South Korea was Russia’s 5th largest trading partner in the 3rd quarter of 2018 (up from 8th in the 3rd quarter of 2017), accounting for 4.1300% of Russia’s total trade (up from 3.5973% in the 3rd quarter of 2017).

South Korea was Russia’s 5th largest export market in the 3rd quarter of 2018 (up from 6th in the 3rd quarter of 2017), accounting for 4.6259% of Russia’s total exports (up from 3.9186% in the 3rd quarter of 2017).

South Korea was Russia’s 8th largest supplier in the 3rd quarter of 2018 (just as in the 3rd quarter of 2017), accounting for 3.2008% of Russia’s total imports (up from 3.1463% in the 3rd quarter of 2017).

Russia’s Exports to South Korea

The major share of Russian exports to South Korea in the 3rd quarter of 2018 (and in the 3rd quarter of 2017) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 83.92% of Russia’s total exports to South Korea (69.95% in the 3rd quarter of 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 8.11% of Russia’s total exports to South Korea (11.63% in the 3rd quarter of 2017);
  • Metals and products from them (HS codes 72-83) - 3.02% of Russia’s total exports to South Korea (5.78% in the 3rd quarter of 2017);
  • Chemical products (HS codes 28-40) - 2.54% of Russia’s total exports to South Korea (6.01% in the 3rd quarter of 2017);
  • Wood and wood products (HS codes 44-49) - 1.20% of Russia’s total exports to South Korea (1.57% in the 3rd quarter of 2017);
  • Precious metals and stones (HS code 71) - 0.74% of Russia’s total exports to South Korea (1.17% in the 3rd quarter of 2017);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.41% of Russia’s total exports to South Korea (3.80% in the 3rd quarter of 2017).

The largest gains in Russia’s exports to South Korea 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) - an increase of $2,006,150,076;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $41,930,450.

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

  • Ships, boats and floating structures (HS code 89) - a decrease of $98,798,995;
  • 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 $68,973,578;
  • Aluminum and articles thereof (HS code 76) - a decrease of $40,370,166.
Russia’s exports to South Korea in the 3rd quarter of 2018 by product groups
HS
code
Name of product group Value of exports
in Q3 2018,
US dollars ($)
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 32,828 0.00 1,638,407-98.00
03 Fish and crustaceans, molluscs and other aquatic invertebrates 380,778,037 7.34 338,847,58712.37
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 8,124 0.00 0
05 Products of animal origin, not elsewhere specified or included 665,696 0.01 981,939-32.21
07 Edible vegetables and certain roots and tubers 8,750 0.00 98,992-91.16
08 Edible fruit and nuts; peel of citrus fruit or melons 0 0.00 36,962-100.00
09 Coffee, tea, maté and spices 54,694 0.00 0
10 Cereals 27,446,881 0.53 29,025,620-5.44
11 Products of the milling industry; malt; starches; inulin; wheat gluten 0 0.00 7,000-100.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 3,669,093 0.07 1,078,647240.16
13 Lac; gums, resins and other vegetable saps and extracts 198,066 0.00 326,993-39.43
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 0 0.00 61,962-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 66,327 0.00 3,6811,701.87
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 22,462 0.00 47,195-52.41
18 Cocoa and cocoa preparations 125,967 0.00 255,658-50.73
19 Preparations of cereals, flour, starch or milk; bakers’ wares 0 0.00 5,000-100.00
20 Preparations of vegetables, fruit, nuts or other parts of plants 0 0.00 11,279-100.00
21 Miscellaneous edible preparations 622,338 0.01 209,922196.46
22 Beverages, spirits and vinegar 144,065 0.00 368,198-60.87
23 Residues and waste from the food industries; prepared animal feed 6,247,322 0.12 13,707,765-54.42
24 Tobacco and manufactured tobacco substitutes 677,494 0.01 2,422,356-72.03
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 5,306 0.00 82,133-93.54
26 Ores, slag and ash 33,174,830 0.64 23,719,98839.86
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 4,322,143,581 83.28 2,315,993,50586.62
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 115,205,333 2.22 184,178,911-37.45
29 Organic chemicals 4,206,683 0.08 4,454,901-5.57
30 Pharmaceutical products 1,544,973 0.03 1,225,41226.08
31 Fertilizers 1,291,660 0.02 0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 1,648,950 0.03 3,216,192-48.73
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 9,617 0.00 39,000-75.34
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 123,226 0.00 182,586-32.51
35 Albuminoidal substances; modified starches; glues; enzymes 0 0.00 2,930-100.00
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 37,857 0.00 19,30096.15
38 Miscellaneous chemical products 263,493 0.01 130,062102.59
39 Plastics and articles thereof 3,791,593 0.07 5,191,495-26.97
40 Rubber and articles thereof 3,644,683 0.07 2,457,70248.30
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 548 0.00 30977.35
43 Furskins and artificial fur; manufactures thereof 60,101 0.00 13,683339.24
44 Wood and articles of wood; wood charcoal 32,002,983 0.62 32,329,599-1.01
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 27,084,380 0.52 17,338,10256.21
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2,372,033 0.05 2,136,82711.01
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 745,661 0.01 650,88814.56
52 Cotton 0 0.00 285-100.00
54 Man-made filaments 201,388 0.00 116,76272.48
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 1,044,947 0.02 824,76626.70
57 Carpets and other textile floor coverings 0 0.00 13-100.00
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 409 0.00 331,139.39
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 64 0.00 0
61 Articles of apparel and clothing accessories, knitted or crocheted 48,348 0.00 4,1041,078.07
62 Articles of apparel and clothing accessories, not knitted or crocheted 5,516 0.00 28,666-80.76
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 53,176 0.00 19,571171.71
64 Footwear, gaiters and the like; parts of such articles 59,966 0.00 13,694337.90
65 Headgear and parts thereof 0 0.00 2,459-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 54,327 0.00 76,804-29.27
69 Ceramic products 24,151 0.00 337,981-92.85
70 Glass and glassware 197,246 0.00 258,074-23.57
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 38,483,491 0.74 39,262,404-1.98
72 Iron and steel 92,601,254 1.78 87,092,1156.33
73 Articles of iron or steel 3,315,934 0.06 3,972,130-16.52
74 Copper and articles thereof 225,226 0.00 53,191323.43
75 Nickel and articles thereof 8,890 0.00 1,403533.64
76 Aluminum and articles thereof 58,458,173 1.13 98,828,339-40.85
78 Lead and articles thereof 0 0.00 1-100.00
80 Tin and articles thereof 108,423 0.00 108,928-0.46
81 Other base metals; cermets; articles thereof 2,005,769 0.04 2,937,299-31.71
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 78,533 0.00 430,158-81.74
83 Miscellaneous articles of base metal 48 0.00 135-64.44
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 3,131,433 0.06 6,353,063-50.71
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 2,620,214 0.05 7,202,318-63.62
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 0 0.00 51,693-100.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 10,954,241 0.21 7,100,90754.27
89 Ships, boats and floating structures 2,864,338 0.06 101,663,333-97.18
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,810,196 0.03 4,589,314-60.56
91 Clocks and watches and parts thereof 5,628 0.00 20,377-72.38
92 Musical instruments; parts and accessories of such articles 300 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 9,407 0.00 131,342-92.84
95 Toys, games and sports requisites; parts and accessories thereof 280,060 0.01 748,214-62.57
96 Miscellaneous manufactured articles 9,908 0.00 3003,202.67
SS Classified 1,294,616 0.02 202 268540.05

Russia’s Imports from South Korea

The major share of Russian imports from South Korea in the 3rd quarter of 2018 (and in the 3rd quarter of 2017) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 61.85% of Russia’s total imports from South Korea (67.49% in the 3rd quarter of 2017);
  • Chemical products (HS codes 28-40) - 18.44% of Russia’s total imports from South Korea (15.39% in the 3rd quarter of 2017);
  • Metals and products from them (HS codes 72-83) - 9.95% of Russia’s total imports from South Korea (8.22% in the 3rd quarter of 2017);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.19% of Russia’s total imports from South Korea (1.68% in the 3rd quarter of 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 2.06% of Russia’s total imports from South Korea (1.79% in the 3rd quarter of 2017);
  • Mineral products (HS codes 25-27) - 1.40% of Russia’s total imports from South Korea (1.49% in the 3rd quarter of 2017).

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

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $119,663,937;
  • Plastics and articles thereof (HS code 39) - an increase of $23,851,184;
  • Iron and steel (HS code 72) - an increase of $22,245,890;
  • 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 $19,125,185;
  • Rubber and articles thereof (HS code 40) - an increase of $12,901,584;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $10,147,550;
  • Articles of iron or steel (HS code 73) - an increase of $7,492,461;
  • Man-made staple fibers (HS code 55) - an increase of $7,265,775.

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

  • Ships, boats and floating structures (HS code 89) - a decrease of $249,190,437.
Russia’s imports from South Korea in the 3rd quarter of 2018 by product groups
HS
code
Name of product group Value of imports in Q3 2018,
US dollars ($)
Percent share in total import Value of imports in Q3 2017,
US dollars ($)
Percent change
in Q3 2018
over Q3 2017
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,067,534 0.06 581,74183.51
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 0 0.00 2,933-100.00
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 2,198 0.00 0
07 Edible vegetables and certain roots and tubers 7,900 0.00 4,58372.38
09 Coffee, tea, maté and spices 7,666 0.00 6,76713.29
10 Cereals 34,894 0.00 18,44089.23
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 1,851,527 0.10 924,917100.18
13 Lac; gums, resins and other vegetable saps and extracts 3,741 0.00 27,092-86.19
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 0 0.00 495-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 198,712 0.01 616,953-67.79
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 176,489 0.01 8,0902,081.57
17 Sugars and sugar confectionery 494,706 0.03 352,46940.35
18 Cocoa and cocoa preparations 252,833 0.01 258,824-2.31
19 Preparations of cereals, flour, starch or milk; bakers’ wares 5,229,297 0.27 4,014,86530.25
20 Preparations of vegetables, fruit, nuts or other parts of plants 1,332,227 0.07 1,050,22226.85
21 Miscellaneous edible preparations 13,817,597 0.72 9,750,20041.72
22 Beverages, spirits and vinegar 8,814,937 0.46 6,884,39828.04
23 Residues and waste from the food industries; prepared animal feed 95,713 0.00 173,975-44.98
24 Tobacco and manufactured tobacco substitutes 6,018,294 0.31 9,567,885-37.10
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 46,339 0.00 24,15891.82
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 26,770,712 1.40 28,406,122-5.76
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 16,079,063 0.84 15,299,9515.09
29 Organic chemicals 42,444,964 2.21 37,546,01413.05
30 Pharmaceutical products 9,459,873 0.49 6,224,96051.97
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 6,093,289 0.32 7,536,230-19.15
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 30,432,996 1.59 20,285,44650.02
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 9,918,098 0.52 7,986,15424.19
35 Albuminoidal substances; modified starches; glues; enzymes 1,462,761 0.08 1,330,3929.95
37 Photographic or cinematographic goods 500,978 0.03 378,52232.35
38 Miscellaneous chemical products 12,911,692 0.67 10,612,65321.66
39 Plastics and articles thereof 147,875,928 7.72 124,024,74419.23
40 Rubber and articles thereof 76,188,094 3.98 63,286,51020.39
41 Raw hides and skins (other than furskins) and leather 735,987 0.04 895,238-17.79
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 2,298,564 0.12 2,037,32212.82
43 Furskins and artificial fur; manufactures thereof 748 0.00 6,365-88.25
44 Wood and articles of wood; wood charcoal 79,044 0.00 140,530-43.75
45 Cork and articles of cork 4,914 0.00 1,302277.42
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 8,902 0.00 14,544-38.79
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 15,598,658 0.81 13,465,32515.84
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 880,874 0.05 478,28884.17
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 676 0.00 0
52 Cotton 711,981 0.04 499,82942.44
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 12,317 0.00 17,241-28.56
54 Man-made filaments 3,014,256 0.16 3,495,408-13.77
55 Man-made staple fibers 17,589,049 0.92 10,323,27470.38
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 7,056,917 0.37 5,560,86226.90
57 Carpets and other textile floor coverings 64,046 0.00 24,855157.68
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 278,984 0.01 189,20747.45
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 7,205,358 0.38 6,135,36817.44
60 Knitted or crocheted fabrics 1,492,908 0.08 1,734,144-13.91
61 Articles of apparel and clothing accessories, knitted or crocheted 603,048 0.03 788,779-23.55
62 Articles of apparel and clothing accessories, not knitted or crocheted 554,551 0.03 491,07512.93
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2,977,419 0.16 2,606,28814.24
64 Footwear, gaiters and the like; parts of such articles 241,989 0.01 167,11744.80
65 Headgear and parts thereof 49,422 0.00 33,47847.63
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 15,759 0.00 5,369193.52
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 144,792 0.01 102,90540.70
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 3,868,035 0.20 3,257,33018.75
69 Ceramic products 357,987 0.02 428,726-16.50
70 Glass and glassware 6,947,703 0.36 7,261,632-4.32
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 378,470 0.02 172,349119.60
72 Iron and steel 107,207,850 5.59 84,961,96026.18
73 Articles of iron or steel 41,389,242 2.16 33,896,78122.10
74 Copper and articles thereof 723,692 0.04 1,050,637-31.12
75 Nickel and articles thereof 11,136 0.00 25,661-56.60
76 Aluminum and articles thereof 3,262,855 0.17 3,875,653-15.81
78 Lead and articles thereof 70 0.00 722-90.30
79 Zinc and articles thereof 227,139 0.01 190,95818.95
81 Other base metals; cermets; articles thereof 1,735,429 0.09 1,255,92638.18
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 19,418,997 1.01 15,117,20928.46
83 Miscellaneous articles of base metal 16,742,915 0.87 17,020,690-1.63
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 410,987,622 21.45 291,323,68541.08
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 257,838,941 13.45 238,713,7568.01
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 248,773 0.01 397,999-37.49
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 465,922,072 24.31 460,849,0661.10
89 Ships, boats and floating structures 86,541 0.00 249,276,978-99.97
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 50,310,502 2.63 51,097,248-1.54
91 Clocks and watches and parts thereof 264,554 0.01 372,772-29.03
92 Musical instruments; parts and accessories of such articles 283,105 0.01 343,449-17.57
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 38,264,973 2.00 38,616,454-0.91
95 Toys, games and sports requisites; parts and accessories thereof 1,888,102 0.10 540,195249.52
96 Miscellaneous manufactured articles 4,050,199 0.21 4,422,576-8.42
SS Classified 2,835,679 0.15 2 912 954-2.65
Russian foreign trade statistics
Source: Federal Customs Service of Russia