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Russian trade in goods with Bangladesh in Q4 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 Bangladesh in the fourth quarter of 2018: exports, imports, products, dynamics.

Russia’s Trade with Bangladesh

In the 4th quarter of 2018, Russia’s trade with Bangladesh totaled $510,906,068, up 3.91% ($19,203,398) from the 4th quarter of 2017.

Russia’s exports to Bangladesh in the 4th quarter of 2018 totaled $323,777,040, up 9.99% ($29,404,513) from the 4th quarter of 2017.

Russia’s imports from Bangladesh in the 4th quarter of 2018 were $187,129,028, down 5.17% ($10,201,115) from the 4th quarter of 2017.

Russia’s trade surplus with Bangladesh in the 4th quarter of 2018 was $136,648,012, a 40.81% increase ($39,605,628) over the 4th quarter of 2017.

Bangladesh was Russia’s 50th largest trading partner in the 4th quarter of 2018 (up from 51st in the 4th quarter of 2017), accounting for 0.2735% of Russia’s total trade (down from 0.2942% in the 4th quarter of 2017).

Bangladesh was Russia’s 53rd largest export market in the 4th quarter of 2018 (down from 52nd in the 4th quarter of 2017), accounting for 0.2601% of Russia’s total exports (down from 0.2862% in the 4th quarter of 2017).

Bangladesh was Russia’s 46th largest supplier in the 4th quarter of 2018 (down from 45th in the 4th quarter of 2017), accounting for 0.3002% of Russia’s total imports (down from 0.3070% in the 4th quarter of 2017).

Russia’s Exports to Bangladesh

The major share of Russian exports to Bangladesh in the 4th quarter of 2018 (and in the 4th quarter of 2017) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 40.59% of Russia’s total exports to Bangladesh (59.91% in the 4th quarter of 2017);
  • Machinery, equipment and vehicles (HS codes 84-90) - 24.71% of Russia’s total exports to Bangladesh (12.22% in the 4th quarter of 2017);
  • Wood and wood products (HS codes 44-49) - 15.22% of Russia’s total exports to Bangladesh (8.87% in the 4th quarter of 2017);
  • Chemical products (HS codes 28-40) - 9.14% of Russia’s total exports to Bangladesh (9.65% in the 4th quarter of 2017);
  • Metals and products from them (HS codes 72-83) - 6.33% of Russia’s total exports to Bangladesh (6.96% in the 4th quarter of 2017);
  • Mineral products (HS codes 25-27) - 3.16% of Russia’s total exports to Bangladesh (1.42% in the 4th quarter of 2017).

The largest gains in Russia’s exports to Bangladesh in the 4th quarter of 2018 over the 4th quarter of 2017 were recorded for the following product groups:

  • 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 $33,483,970;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $22,235,040;
  • Articles of iron or steel (HS code 73) - an increase of $18,207,889;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $6,647,545;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $6,026,624;
  • Ships, boats and floating structures (HS code 89) - an increase of $4,639,017;
  • Fertilizers (HS code 31) - an increase of $2,113,505;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $1,058,927.

The largest declines in Russia’s exports to Bangladesh in the 4th quarter of 2018 over the 4th quarter of 2017 were recorded for the following product groups:

  • Cereals (HS code 10) - a decrease of $40,919,973;
  • Iron and steel (HS code 72) - a decrease of $17,286,500;
  • Edible vegetables and certain roots and tubers (HS code 07) - a decrease of $4,620,242;
  • 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 $1,065,358.
Russia’s exports to Bangladesh in the 4th quarter of 2018 by product groups
HS
code
Name of product group Value of exports
in Q4 2018,
US dollars ($)
Percent share in total export Value of exports
in Q4 2017,
US dollars ($)
Percent change
in Q4 2018
over Q4 2017
02 Meat and edible meat offal 4,277 0.00 0
07 Edible vegetables and certain roots and tubers 2,032,979 0.63 6,653,221-69.44
09 Coffee, tea, maté and spices 8,140 0.00 19,617-58.51
10 Cereals 125,280,778 38.69 166,200,751-24.62
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 4,052,397 1.25 3,448,99617.49
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 37,239 0.01 29,19027.57
20 Preparations of vegetables, fruit, nuts or other parts of plants 0 0.00 6,563-100.00
22 Beverages, spirits and vinegar 0 0.00 12,201-100.00
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 507,469 0.16 1,089,584-53.43
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 9,726,126 3.00 3,078,581215.93
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 245,702 0.08 1,311,060-81.26
29 Organic chemicals 80,205 0.02 0
30 Pharmaceutical products 0 0.00 13,262-100.00
31 Fertilizers 29,154,252 9.00 27,040,7477.82
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0 0.00 3,078-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0 0.00 6,970-100.00
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 4,558 0.00 2102,070.48
35 Albuminoidal substances; modified starches; glues; enzymes 0 0.00 77-100.00
38 Miscellaneous chemical products 30,522 0.01 0
39 Plastics and articles thereof 23,443 0.01 2,985685.36
40 Rubber and articles thereof 70,545 0.02 37,34988.88
41 Raw hides and skins (other than furskins) and leather 311,478 0.10 739,625-57.89
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 5,211 0.00 0
44 Wood and articles of wood; wood charcoal 0 0.00 246-100.00
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 149,052 0.05 284,231-47.56
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,058,927 0.33 0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 48,073,151 14.85 25,838,11186.06
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 4,086 0.00 0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 567 0.00 0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 153 0.00 1,615-90.53
64 Footwear, gaiters and the like; parts of such articles 13,720 0.00 0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 59,319 0.02 58,9960.55
70 Glass and glassware 1,547 0.00 19,115-91.91
72 Iron and steel 1,471,969 0.45 18,758,469-92.15
73 Articles of iron or steel 18,992,479 5.87 784,5902,320.69
74 Copper and articles thereof 2,433 0.00 7,806-68.83
76 Aluminum and articles thereof 9,848 0.00 887,336-98.89
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 106 0.00 30,196-99.65
83 Miscellaneous articles of base metal 16,111 0.00 14,6799.76
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 12,184,980 3.76 6,158,35697.86
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 62,386,062 19.27 28,902,092115.85
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 42,463 0.01 145,148-70.75
89 Ships, boats and floating structures 4,751,074 1.47 112,0574,139.87
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 642,121 0.20 647,142-0.78
91 Clocks and watches and parts thereof 0 0.00 775-100.00
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 5,934 0.00 324,148-98.17
96 Miscellaneous manufactured articles 5,822 0.00 5,23111.30
SS Classified 2,329,795 0.72 1 698 12137.20

Russia’s Imports from Bangladesh

The major share of Russian imports from Bangladesh in the 4th quarter of 2018 (and in the 4th quarter of 2017) was accounted for the following product types:

  • Textiles, textile products and footwear (HS codes 50-67) - 95.66% of Russia’s total imports from Bangladesh (94.88% in the 4th quarter of 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 3.41% of Russia’s total imports from Bangladesh (4.24% in the 4th quarter of 2017).

The largest gains in Russia’s imports from Bangladesh in the 4th quarter of 2018 over the 4th quarter of 2017 were recorded for the following product groups:

  • Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $1,482,477;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $599,617.

The largest declines in Russia’s imports from Bangladesh in the 4th quarter of 2018 over the 4th quarter of 2017 were recorded for the following product groups:

  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $5,752,257;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - a decrease of $2,810,756;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $2,154,817;
  • Other vegetable textile fibers; paper yarn and woven fabric of paper yarn (HS code 53) - a decrease of $1,028,388.
Russia’s imports from Bangladesh in the 4th quarter of 2018 by product groups
HS
code
Name of product group Value of imports in Q4 2018,
US dollars ($)
Percent share in total import Value of imports in Q4 2017,
US dollars ($)
Percent change
in Q4 2018
over Q4 2017
03 Fish and crustaceans, molluscs and other aquatic invertebrates 3,856,583 2.06 6,011,400-35.85
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 300,355 0.16 728,404-58.77
24 Tobacco and manufactured tobacco substitutes 2,232,517 1.19 1,632,90036.72
30 Pharmaceutical products 0 0.00 35,895-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0 0.00 4,147-100.00
39 Plastics and articles thereof 3,777 0.00 37,420-89.91
40 Rubber and articles thereof 0 0.00 637-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 675,151 0.36 782,873-13.76
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 34,105 0.02 28,45619.85
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0 0.00 1,945-100.00
52 Cotton 10,074 0.01 6,08665.53
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 3,450,245 1.84 4,478,633-22.96
55 Man-made staple fibers 0 0.00 28-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 604,648 0.32 734,876-17.72
57 Carpets and other textile floor coverings 160,840 0.09 108,01948.90
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0 0.00 9-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 95,822,983 51.21 98,633,739-2.85
62 Articles of apparel and clothing accessories, not knitted or crocheted 70,404,708 37.62 76,156,965-7.55
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 3,035,291 1.62 2,734,24211.01
64 Footwear, gaiters and the like; parts of such articles 5,314,188 2.84 3,831,71138.69
65 Headgear and parts thereof 203,201 0.11 544,329-62.67
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 0 0.00 45-100.00
69 Ceramic products 122,263 0.07 91,47233.66
70 Glass and glassware 29 0.00 0
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 170 0.00 131,207.69
83 Miscellaneous articles of base metal 3 0.00 30.00
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 723,658 0.39 708,6032.12
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 34,765 0.02 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 8,181 0.00 35,160-76.73
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 14,101 0.01 1,441878.56
95 Toys, games and sports requisites; parts and accessories thereof 117,192 0.06 64518,069.30
96 Miscellaneous manufactured articles 0 0.00 47-100.00
Russian foreign trade statistics
Source: Federal Customs Service of Russia